Maplebear legal chief sells 18,390 shares
Morgan's option exercise and sales were effected pursuant to a Rule 10b5-1 plan adopted December 10, 2025.
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Rhea-AI Filing Summary
Maplebear Inc. (CART) Chief Legal Officer Fong Morgan exercised stock options covering 18,390 common shares on September 22, 2026, at an exercise price of $7.32 per share. Morgan then sold 17,617 shares at a weighted average price of $44.9546 per share and 773 shares at a weighted average price of $45.6417 per share. The exercise and sales were effected pursuant to a Rule 10b5-1 trading plan adopted December 10, 2025. The reported option position was 55,170 shares following the exercise.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F1, F4 | 18,390 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 18,390 | $7.32 | $135K |
| Sale | Common Stock F1, F2 | 17,617 | $44.9546 | $792K |
| Sale | Common Stock F1, F3 | 773 | $45.6417 | $35K |
Footnotes (4)
- F1. The reported stock option exercise and sales were effected pursuant to a Rule 10b5-1 trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), adopted on December 10, 2025.
- F2. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.61 to $45.60 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.61 to $45.7550 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4. The stock option is fully vested and exercisable.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average price financial
Stock Option (Right to Buy) financial
FAQ
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How many CART stock options did Fong Morgan exercise, and at what price?
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