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CART Form 4: Simo Fidji RSU vesting and tax-withheld shares disclosed

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

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.

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*
Simo Fidji

(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)
X Director 10% Owner
Officer (give title below) X Other (specify below)
Former President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025
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 08/15/2025 F 67,783(1) D $43.875 1,834,064 D
Common Stock 08/15/2025 A 3,985(2) A $0 1,838,049 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. Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units.
2. 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.
/s/ Bradley Libuit, Attorney-in-Fact 08/19/2025
** 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

What transactions did Simo Fidji report on Form 4 for CART?

The filing reports a disposition of 67,783 common shares at $43.875 and the vesting/acquisition of 3,985 restricted stock units on 08/15/2025.

Why were 67,783 shares disposed of according to the Form 4?

The filing states those shares were withheld to satisfy tax withholding obligations upon the vesting of restricted stock units.

When do the 3,985 restricted stock units vest for CART's Form 4 filing?

They vest in full on the earlier of (i) the issuer's next annual meeting of stockholders (or immediately prior if service ends) or (ii) the one-year anniversary of the grant date, subject to continued service.

How many shares did the reporting person own after the transactions?

Following the reported transactions the reporting person beneficially owned 1,834,064 shares.

Who signed the Form 4 for the reporting person?

The form is signed by /s/ Bradley Libuit, Attorney-in-Fact dated 08/19/2025.
Instacart, Inc.(Maplebear Inc.)

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11.00B
234.40M
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Internet Retail
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United States
SAN FRANCISCO