Maplebear counsel covers RSU taxes with 12,909 shares
Maplebear Inc.'s General Counsel and Secretary, Morgan Fong, reported a routine tax-related share disposition.
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Rhea-AI Filing Summary
Maplebear Inc.'s General Counsel and Secretary, Morgan Fong, reported a routine tax-related share disposition. On the reported date, 12,909 shares of common stock were withheld at $36.30 per share to cover tax obligations triggered by the vesting of restricted stock units. This was not an open-market sale but an administrative tax-withholding transaction. After this event, Fong’s directly held stake remained substantial at 402,386 shares of Maplebear common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 12,909 | $36.30 | $469K |
Footnotes (1)
- F1. Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Maplebear (CART) report for Morgan Fong?
Was the Maplebear (CART) Form 4 transaction an open-market sale?
What does transaction code F mean in Maplebear (CART) Form 4?
Is the Maplebear (CART) insider transaction considered a sell or buy?
AI-generated analysis. How Rhea-AI works. Not financial advice.