CART Form 4: Simo Fidji RSU vesting and tax-withheld shares disclosed
Rhea-AI Filing Summary
Insider report: This Form 4 shows transactions by director Simo Fidji in Maplebear Inc. (CART) on 08/15/2025. The filing records a disposition of 67,783 common shares sold at $43.875 per share, described as shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units. The filing also records the acquisition (vesting) of 3,985 restricted stock units, which vest in full on the earlier of the issuer's next annual meeting or the one-year anniversary of the grant date, subject to continued service. Following these transactions the reporting person beneficially owned 1,834,064 shares.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine RSU vesting with tax-withholding share disposition by a director; disclosure is standard and non-material to operations.
The filing documents customary post-vesting mechanics: restricted stock units vested and a portion of shares were withheld to cover tax liabilities rather than a market sale for cash proceeds. The remaining net change is small relative to the reported beneficial ownership. This is a governance-level disclosure showing compensation settlement and tax treatment, not an operational development.
TL;DR: Director experienced RSU vesting and share withholding for taxes; the transactions are administrative and unlikely to affect shareholder value.
The report lists a 67,783 share disposition at $43.875 and 3,985 RSUs acquired via vesting terms tied to the next annual meeting or one-year anniversary. Such filings are common after equity compensation events and primarily reflect tax withholding and vesting timing rather than directional insider trading intent.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 67,783 | $43.875 | $2.97M |
| Grant/Award | Common Stock | 3,985 | $0.00 | -- |
Footnotes (1)
- Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units. 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.