[Form 4] Maplebear Inc. Insider Trading Activity

Rhea-AI Filing Summary

Emily Reuter, Chief Financial Officer and director of Maplebear Inc. (CART), reported a non-derivative disposition of company common stock on 08/15/2025. The filing shows 21,394 shares were disposed of at a price of $43.875 per share; the transaction is explained as shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units. After the transaction, Reuter beneficially owned 509,114 shares, held directly. The Form 4 was signed by an attorney-in-fact on 08/19/2025.

Positive

• Disclosed purpose: The filing clearly states the shares were withheld to satisfy tax withholding obligations upon RSU vesting.
• Compliance: Form 4 was filed and signed (by attorney-in-fact) promptly, indicating timely reporting of the transaction.

Negative

• Reduction in holdings: 21,394 shares were disposed at $43.875, lowering beneficial ownership to 509,114 shares.

Insights

Financial Analyst

TL;DR: Insider withholding for taxes reduced holdings by 21,394 shares; this is a routine, non-discretionary disposition tied to RSU vesting.

The filing documents a tax-related disposition rather than an open-market sale, which typically has limited information content about management's view of future operations. The disposal amount (21,394 shares at $43.875) reduced beneficial ownership to 509,114 shares. For investors, routine withholding to cover taxes is operational and not a signal of financial distress or strategic selling based on disclosed facts.

Corporate Governance Expert

TL;DR: This Form 4 reflects standard executive compensation mechanics and proper reporting under Section 16.

The disclosure clearly identifies the reporting person as CFO and director and attributes the disposition to tax withholding for vested RSUs, which is a common practice. The timely filing and explicit explanation support compliance and transparency. No additional governance issues are disclosed within this filing.

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
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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^*

Reuter Emily

(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 FINANCIAL OFFICER

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		21,394(1)	D	$43.875	509,114	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.

	/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 did Emily Reuter (CART) report on Form 4?

She reported a disposition of 21,394 shares on 08/15/2025, priced at $43.875 per share, with 509,114 shares owned after the transaction.

Why were the shares disposed according to the filing?

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

What is Emily Reuter's role at Maplebear Inc. (CART)?

The Form 4 lists her as Chief Financial Officer and a director of Maplebear Inc.

When was the Form 4 signed?

The signature block shows the form was signed by an attorney-in-fact on 08/19/2025.

Does the filing indicate an open-market sale?

No. The filing specifically states the disposition was for tax withholding on vested RSUs, not an open-market sale.