Maplebear CLO awarded 187,366 restricted shares
Fong Morgan reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 187,366 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
restricted stock units (RSUs) financial
vesting financial
quarterly anniversary financial
continued service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Maplebear (CART) disclose for Morgan Fong?
How do the granted RSUs for Maplebear (CART) Chief Legal Officer vest?
What does transaction code "A" mean in the Maplebear (CART) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.