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Maplebear (CART) legal chief granted 187,366 RSUs, holds 574k shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Fong Morgan reported acquisition or exercise transactions in this Form 4 filing.

Maplebear Inc. reported that Chief Legal Officer Morgan Fong received a grant of 187,366 shares of Common Stock in the form of restricted stock units. This award is compensation, not an open-market trade, and increased Fong’s direct holdings to 574,009 shares.

The RSUs vest in stages, with 20% of the units vesting on each quarterly anniversary of November 15, 2027, as long as Fong continues to provide service through each vesting date. This structure spreads the benefit of the grant over multiple future dates.

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Insider Fong Morgan
Role Chief Legal Officer
Type Security Shares Price Value
Grant/Award Common Stock 187,366 $0.00 --
Holdings After Transaction: Common Stock — 574,009 shares (Direct)
Footnotes (1)
  1. [object Object]
RSU grant size 187,366 shares Restricted stock units awarded to Chief Legal Officer
Post-transaction holdings 574,009 shares Total Common Stock directly held after grant
Grant price per share $0.00 per share Equity compensation, not open-market purchase
Vesting tranche percentage 20% per tranche Each quarterly anniversary of November 15, 2027
restricted stock units (RSUs) financial
"The shares represent restricted stock units (RSUs)."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
vesting financial
"Twenty percent (20%) of the RSUs vest on each quarterly anniversary"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
quarterly anniversary financial
"on each quarterly anniversary of November 15, 2027"
A quarterly anniversary marks the date that occurs every three months after a specific event, such as an investment or a business milestone. It is similar to a birthday that repeats four times a year, helping investors track the timing of important updates or changes. Recognizing these anniversaries allows investors to stay informed about progress and make timely decisions.
continued service financial
"subject to continued service through each vesting date"
SEC Form 4
FORM 4UNITED 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*
Fong Morgan

(Last)(First)(Middle)
C/O MAPLEBEAR INC.
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Legal Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/15/2026A187,366(1)A$0574,009D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The shares represent restricted stock units (RSUs). Twenty percent (20%) of the RSUs vest on each quarterly anniversary of November 15, 2027, subject to continued service through each vesting date.
Remarks:
/s/ Bradley Libuit, Attorney-in-Fact04/17/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Maplebear (CART) disclose for Morgan Fong?

Maplebear reported that Chief Legal Officer Morgan Fong received 187,366 restricted stock units of Common Stock as a compensation grant. The award carries no cash exercise price and increased Fong’s direct holdings to 574,009 shares after the reported transaction.

Are Morgan Fong’s new Maplebear (CART) shares from this Form 4 an open-market purchase?

No. The Form 4 shows a grant of 187,366 restricted stock units to Morgan Fong at a price of $0.00 per share. This reflects equity compensation awarded by the company rather than an open-market share purchase on a stock exchange.

What is Morgan Fong’s Maplebear (CART) share ownership after the RSU grant?

Following the RSU award, Morgan Fong is reported with 574,009 shares of Common Stock held directly. This total includes the newly granted 187,366 restricted stock units, which will vest over time based on the specified vesting schedule and continued service.

What does transaction code "A" mean in the Maplebear (CART) Form 4?

In this Form 4, transaction code “A” represents a grant, award, or other acquisition of securities. It reflects that 187,366 restricted stock units were awarded to Morgan Fong as compensation, rather than shares being bought or sold in the open market.