CART CEO/director reports planned sales totaling 8,987 shares on Form 4
Rhea-AI Filing Summary
Maplebear Inc. (CART) insider sales reported on Form 4. Chris Rogers, who is listed as President and CEO and a director, disposed of a total of 8,987 shares on 08/20/2025 in two groups: 6,437 shares at a weighted average price of $45.5878 and 2,550 shares at a weighted average price of $46.2418. The filings show the sales were executed pursuant to a Rule 10b5-1 trading plan adopted on November 21, 2024, and the reporting person retained beneficial ownership shown as 424,323 shares following the transactions. The price ranges for the multiple transactions are disclosed in footnotes as $45.15–$46.14 and $46.15–$46.395 per share.
The Form 4 is signed by an attorney-in-fact on behalf of the reporting person and contains standard explanatory footnotes about weighted average pricing and availability of per-trade details on request.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider sales under a pre-established 10b5-1 plan; routine disclosure that does not by itself indicate governance concerns.
The filing documents planned insider sales by the CEO/director executed under a Rule 10b5-1 plan, which typically provides an affirmative defense against allegations of trading on material nonpublic information. The amounts sold (6,437 and 2,550 shares) and the disclosure of weighted average prices and price ranges are consistent with routine, pre-authorized transactions. The continued beneficial ownership of 424,323 shares remains disclosed, maintaining transparency. From a governance view, key elements are present: plan adoption date is provided, and per-trade details are offered on request, which supports traceability.
TL;DR: Small-scale scheduled insider sales; neutral investor signal when isolated from other data.
The reported disposals total 8,987 shares executed on 08/20/2025 at weighted average prices of $45.5878 and $46.2418. Because the transactions were made pursuant to a documented 10b5-1 trading plan adopted on 11/21/2024, they represent pre-specified sales rather than opportunistic trading. The filing includes the post-transaction beneficial ownership figures (424,323 shares), allowing investors to track insider ownership trends. On its own, this Form 4 is informational and does not provide operational or financial performance data to change valuation assumptions.