Maplebear (CART) director sells 150K shares via estate planning vehicle

Rhea-AI Filing Summary

Maplebear Inc. (CART) director Ravi Gupta reported an indirect sale of 150,000 shares of Common Stock on 2026-08-19 through an estate planning vehicle. The weighted average sale price was $50.6101 per share, with individual trades between $50.14 and $50.77. Following this sale, indirect holdings reported for this vehicle were 591,523 shares, and Mr. Gupta also reported 15,006 shares held directly. He states he is no longer deemed to beneficially own securities previously reported solely due to affiliation with Sequoia Capital-related funds.

Insider Trade Summary

Net Seller: 150,000 shares

Net Sell 2 txns

Insider Gupta Ravi

Role Director

Sold 150,000 shs ($7.59M)

Type	Security	Shares	Price	Value
Sale	Common Stock F1	150,000	$50.6101	$7.59M
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 591,523 shares (Indirect, Estate Planning Vehicle); Common Stock — 15,006 shares (Direct)

Footnotes (1)

1. F1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.14 to $50.77. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.

Key Figures

Shares sold: 150,000 shares of Common Stock Weighted average sale price: $50.6101 per share Sale price range: $50.14 to $50.77 per share +2 more

5 metrics

Shares sold 150,000 shares of Common Stock Indirect sale on 2026-08-19 through an estate planning vehicle

Weighted average sale price $50.6101 per share 150,000-share sale of CART Common Stock

Sale price range $50.14 to $50.77 per share Price range of multiple sale transactions included in the 150,000-share total

Indirect holdings after transaction 591,523 shares CART Common Stock held indirectly through an estate planning vehicle after the sale

Direct holdings after transaction 15,006 shares CART Common Stock held directly by Ravi Gupta after the reported transactions

Key Terms

estate planning vehicle, weighted average price, beneficially own

3 terms

estate planning vehicle financial

"Shares reported as indirectly owned through an "Estate Planning Vehicle""

weighted average price financial

"The price reported is a weighted average price for multiple trades"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

beneficially own financial

"No longer deemed to beneficially own certain previously reported securities"

Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

FAQ

What insider transaction did CART (Maplebear Inc.) disclose for Ravi Gupta?

Ravi Gupta reported an indirect sale of 150,000 CART common shares on 2026-08-19 through an estate planning vehicle at a weighted average price of $50.6101 per share, with individual trade prices ranging from $50.14 to $50.77.

What are Ravi Gupta’s reported holdings in CART after this Form 4 transaction?

After the reported sale, Ravi Gupta’s Form 4 lists 591,523 CART shares held indirectly through an estate planning vehicle and 15,006 CART shares held directly.

Was the 150,000-share CART sale by Ravi Gupta under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not checked, and the data indicate the 150,000-share sale was not affirmed as made under a Rule 10b5-1 trading plan.

At what prices were Ravi Gupta’s CART shares sold in this Form 4?

The filing reports a weighted average price of $50.6101 per share for the 150,000 CART shares sold. The individual sale prices ranged between $50.14 and $50.77 per share.

How is ownership of the sold CART shares characterized in Ravi Gupta’s Form 4?

The 150,000 CART shares sold on 2026-08-19 are reported as held indirectly through an “Estate Planning Vehicle”. A separate line shows 15,006 shares held directly by Ravi Gupta.

What does the Form 4 say about Ravi Gupta’s prior CART holdings via Sequoia-affiliated funds?

The remarks state that Ravi Gupta is no longer deemed to beneficially own securities previously reported solely by virtue of his affiliation with investment funds managed or advised by affiliates of Sequoia Capital Operations, LLC.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/21/2026 - 04:19 PM Accepted by SEC EDGAR 08/21/2026 - 04:19 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Gupta Ravi

(Last) (First) (Middle)

50 BEALE STREET

SUITE 600

(Street)

SAN FRANCISCO CALIFORNIA 94105

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Maplebear Inc. [ CART ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/19/2026		S		150,000	D	$50.6101(1)	591,523	I	Estate Planning Vehicle
Common Stock								15,006	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.14 to $50.77. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.

Remarks:

The reporting person is no longer deemed to beneficially own the securities previously reported solely by virtue of his affiliation with investment funds managed or advised by affiliates of Sequoia Capital Operations, LLC.

	By: /s/ Jung Yeon Son, by power of attorney for Ravi Gupta	08/21/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)