Maplebear (CART) director Ravi Gupta receives 6,048-share equity grant and updates holdings
Rhea-AI Filing Summary
Gupta Ravi reported acquisition or exercise transactions in this Form 4 filing.
Maplebear Inc. director Ravi Gupta reported a new equity grant and updated his indirect fund holdings in the company’s common stock. He received 6,048 shares of restricted stock units at $0.00 per share, bringing his directly held common stock to 15,006 shares.
The RSUs vest in full on the earlier of the issuer’s next annual stockholder meeting or the one-year anniversary of the grant date, subject to his continued board service. The filing also lists large indirect positions held through various Sequoia Capital funds and estate planning vehicles, where he may be deemed to share beneficial ownership but disclaims ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,048 shares
Net Buy
10 txns
Insider
Gupta Ravi
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,048 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 15,006 shares (Direct);
Common Stock — 922,523 shares (Indirect, Estate Planning Vehicle);
Common Stock — 84,108 shares (Indirect, Sequoia Grove II, LLC);
Common Stock — 1,389 shares (Indirect, Sequoia Grove UK, L.P.);
Common Stock — 20,144,842 shares (Indirect, Sequoia Capital Fund, LP);
Common Stock — 3,064,306 shares (Indirect, Sequoia Capital Fund Parallel, LLC);
Common Stock — 2,150,331 shares (Indirect, SC US/E Expansion Fund I Management, L.P.);
Common Stock — 351,374 shares (Indirect, Sequoia Capital Global Growth Fund III - Endurance Partners, L.P.);
Common Stock — 1,217,532 shares (Indirect, SCGGF III - U.S./India Management, L.P.);
Common Stock — 1,000,000 shares (Indirect, Sequoia Capital US/E Expansion Fund I, L.P.)
Footnotes (5)
- F1. The shares represent restricted stock units, which vest in full on the earlier of (i) the date of the Issuer's next annual meeting of stockholders (or the date immediately prior to such meeting if the Reporting Person's service as a director ends at such meeting due to the Reporting Person's failure to be re-elected or the Reporting Person not standing for re-election) or (ii) the one-year anniversary of the grant date, in each case subject to the Reporting Person's continued service through such date.
- F2. The Reporting Person is a stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is (i) the general partner of SCGGF III - Endurance Partners Management, L.P., which is the general partner of Sequoia Capital Global Growth Fund III - Endurance Partners, L.P., or GGF III; (ii) the general partner of SCGGF III - U.S./India Management, L.P., or GGF III US IND MGMT; and
- F3. (Continue from Footnote 2) (iii) the general partner of SC US/E Expansion Fund I Management, L.P., which is the general partner of Sequoia Capital US/E Expansion Fund I, L.P., collectively, the EXP I Funds. As a result, the Reporting Person may be deemed to share beneficial ownership of the shares held by GGF III, GGF III US IND MGMT and the EXP I Funds. The Reporting Person disclaims beneficial ownership of the securities included in this report, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
- F4. The Reporting Person is a member of Sequoia Grove II, LLC and a partner of Sequoia Grove UK, L.P. The Reporting Person disclaims beneficial ownership of the securities included in this report except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
- F5. The Reporting Person is a stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is (i) the general partner of Sequoia Capital Fund Management, L.P., which is the general partner of Sequoia Capital Fund, LP (SCF) and the managing member of Sequoia Capital Fund Parallel, LLC (SCFP). As a result, the Reporting Person may be deemed to share beneficial ownership with respect to the shares held by SCF and SCFP. The Reporting Person disclaims beneficial ownership of the shares held by SCF and SCFP except to the extent of his or its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
Key Figures
RSU grant size: 6,048 shares
Direct holdings after grant: 15,006 shares
Sequoia Capital Fund, LP holdings: 20,144,842 shares
+4 more
7 metrics
RSU grant size
6,048 shares
Restricted stock units granted at $0.00 per share
Direct holdings after grant
15,006 shares
Common stock directly held by Ravi Gupta after transaction
Sequoia Capital Fund, LP holdings
20,144,842 shares
Indirect common stock position held by Sequoia Capital Fund, LP
Sequoia Capital Fund Parallel, LLC
3,064,306 shares
Indirect common stock position held by Sequoia Capital Fund Parallel, LLC
SC US/E Expansion Fund I, L.P.
1,000,000 shares
Indirect common stock position via Sequoia Capital US/E Expansion Fund I, L.P.
SCGGF III - U.S./India Management, L.P.
1,217,532 shares
Indirect common stock position via SCGGF III - U.S./India Management, L.P.
Estate Planning Vehicle holdings
922,523 shares
Indirect common stock position held by an Estate Planning Vehicle
Key Terms
restricted stock units, beneficial ownership, pecuniary interest, Section 16, +1 more
5 terms
restricted stock units financial
"The shares represent restricted stock units, which vest in full on the earlier of..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
beneficial ownership financial
"the Reporting Person may be deemed to share beneficial ownership of the shares held by..."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of the securities included in this report, except to the extent of his pecuniary interest therein"
Section 16 regulatory
"shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
estate planning vehicle financial
"nature_of_ownership: "Estate Planning Vehicle""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Ravi Gupta report for Maplebear Inc. (CART)?
Ravi Gupta reported an acquisition of 6,048 restricted stock units of Maplebear Inc. common stock at $0.00 per share. This grant is compensation-related, not an open-market purchase, and increases his directly held shares to 15,006 after the transaction.
How do Ravi Gupta’s new restricted stock units in CART vest?
The 6,048 restricted stock units vest in full on the earlier of the issuer’s next annual stockholder meeting or the one-year anniversary of the grant date. Vesting in either case requires Ravi Gupta’s continued service as a director through the applicable date.
What indirect CART holdings are associated with Ravi Gupta through Sequoia funds?
Indirect holdings include shares held by entities such as Sequoia Capital Fund, LP with 20,144,842 shares and Sequoia Capital Fund Parallel, LLC with 3,064,306 shares. Gupta may be deemed to share beneficial ownership through control entities but disclaims ownership beyond his pecuniary interest.
Does this Maplebear Inc. Form 4 show any open-market buying or selling by Ravi Gupta?
The Form 4 does not show any open-market purchases or sales. It records a compensatory grant of 6,048 restricted stock units and multiple indirect fund and estate planning holdings, with no transactions coded as open-market buys or sells in the reported data.