[Form 4] Maplebear Inc. Insider Trading Activity

Rhea-AI Filing Summary

Insider transaction summary

On 18 Jul 2025, Maplebear Inc. (CART) Chief Product Officer Daniel Danker filed a Form 4 reporting the sale of 10,037 common shares under a Rule 10b5-1 trading plan adopted 28 Feb 2025.

• 9,745 shares sold at a weighted-average price of $48.7971.
• 292 shares sold at a weighted-average price of $49.5382.
• Estimated gross proceeds ≈ $0.49 million.
• Direct ownership after the transactions: 470,190 shares (down from 480,227).

No derivative activity or other material corporate events were disclosed. The filing appears routine and primarily reflects personal portfolio management by the executive.

Positive

• Sale executed under a Rule 10b5-1 plan, indicating pre-planned, compliance-driven disposition.
• Executive retains a significant stake of 470,190 shares, maintaining alignment with shareholder interests.

Negative

• Insider reduced direct holdings by about 10,000 shares (≈2%).
• Any insider selling can be viewed cautiously by the market, despite its routine nature.

Insights

Securities Analyst

TL;DR: Small, pre-planned insider sale; negligible impact on CART’s fundamentals or valuation.

The sale represents roughly 2% of Mr. Danker’s direct holdings and occurred under a 10b5-1 plan, limiting informational content about future outlook. With 470 k shares still owned, alignment with shareholders remains substantial. No derivatives or concurrent corporate disclosures accompany the filing, suggesting the event is administrative rather than strategic. Overall, the transaction is unlikely to alter investor perception or the company’s capital structure.

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).

1. Name and Address of Reporting Person^*

Danker Daniel

(Last) (First) (Middle)

C/O MAPLEBEAR INC.

50 BEALE STREET, SUITE 600

(Street)

SAN FRANCISCO CA 94105

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
07/18/2025

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

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

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

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	07/18/2025		S(1)		9,745	D	$48.7971(2)	470,482	D
Common Stock	07/18/2025		S(1)		292	D	$49.5382(3)	470,190	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 reported 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 February 28, 2025.

2. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.40 to $49.31 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.

3. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.48 to $49.6050 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.

	/s/ Bradley Libuit, Attorney-in-Fact	07/22/2025
	** 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.

FAQ

How many shares did Maplebear's CPO Daniel Danker sell?

He sold 10,037 common shares (9,745 + 292) on 18 Jul 2025.

At what prices were the CART shares sold?

Weighted-average prices were $48.7971 and $49.5382 for the two sale lots.

How many CART shares does Daniel Danker still own?

Following the sales, he directly owns 470,190 common shares.

Was the insider sale made under a 10b5-1 plan?

Yes. The Form 4 states the trades were executed under a Rule 10b5-1 plan adopted on 28 Feb 2025.

Does the Form 4 include any derivative transactions?

No derivative securities were acquired or disposed of; only common stock sales are reported.