Maplebear (NYSE: CART) CEO uses 45,464 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Maplebear Inc. President and CEO Chris Rogers reported a routine share disposition related to taxes, not an open-market sale. On this Form 4, 45,464 shares of common stock were withheld to satisfy tax obligations triggered by restricted stock units vesting. After this tax-withholding event, Rogers directly holds 980,875 shares of Maplebear common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rogers Chris
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 45,464 | $38.47 | $1.75M |
Holdings After Transaction:
Common Stock — 980,875 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 45,464 shares
Withholding price per share: $38.47 per share
Shares held after transaction: 980,875 shares
+1 more
4 metrics
Shares withheld for taxes
45,464 shares
Tax withholding on RSU vesting, transaction code F
Withholding price per share
$38.47 per share
Value used for tax-withholding disposition
Shares held after transaction
980,875 shares
Direct ownership following RSU tax withholding
Tax-withholding shares
45,464 shares
Reported as taxWithholdingShares in transactionSummary
Key Terms
restricted stock units, tax withholding obligations, transaction code F
3 terms
restricted stock units financial
"upon the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"shares withheld to satisfy tax withholding obligations"
transaction code F regulatory
"Transaction code F indicates shares were used to pay an exercise price or tax liability"
FAQ
What insider transaction did Maplebear (CART) CEO Chris Rogers report?
Chris Rogers reported a tax-related share disposition. Maplebear withheld 45,464 common shares to cover tax obligations when restricted stock units vested, a routine non-market transaction rather than an open-market sale.
What does transaction code F mean in the Maplebear Form 4 for Chris Rogers?
Transaction code F indicates shares were used to pay an exercise price or tax liability. Here, 45,464 shares were withheld specifically to satisfy tax withholding obligations on restricted stock unit vesting.