CART insider filing: Daniel Danker RSU withholding reduces stake to 445,427 shares

Rhea-AI Filing Summary

Maplebear Inc. (CART) Form 4: Daniel Danker, identified as Former Chief Product Officer, reported a sale of 24,763 shares of common stock on 08/15/2025 at a price of $43.875 per share. The filing states these shares were withheld to satisfy tax withholding obligations upon the vesting of restricted stock units. After the transaction, Danker beneficially owns 445,427 shares, held directly. The Form 4 was signed by an attorney-in-fact on 08/19/2025.

Insights

Securities Analyst

TL;DR: Routine insider tax-withholding sale; not a directional bet on company value.

The reported 24,763-share disposal is explicitly described as shares withheld to cover taxes on vested restricted stock units, which is a common administrative action that does not necessarily reflect a voluntary sale for liquidity or opinion on valuation. The reported post-transaction beneficial ownership of 445,427 shares indicates material remaining stock ownership by the reporting person. Transaction price of $43.875 provides a concrete execution level but, without trading-volume or broader insider activity context, this single Form 4 appears routine and not materially informative regarding corporate prospects.

Corporate Governance Expert

TL;DR: Administrative withholding upon RSU vesting; governance signals are neutral.

The filing clearly states the disposition resulted from tax withholding on vested awards, a standard practice under equity compensation plans. The reporting person is listed as a former officer, which is disclosed; there is no indication in this Form 4 of unusual timing, large percentage change in ownership, or related-party transactions. From a governance perspective, documentation and signature by an attorney-in-fact on 08/19/2025 meet filing formalities. Impact on investor assessment is limited.

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

X

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^*

Danker Daniel

(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
	Officer (give title below)	X	Other (specify below)
			Former Chief Product 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		24,763(1)	D	$43.875	445,427	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 transaction did Daniel Danker report on the Form 4 for CART?

The Form 4 reports a disposal of 24,763 shares of common stock on 08/15/2025 at $43.875 per share.

Why were the 24,763 shares sold according to the Form 4?

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

How many CART shares does Daniel Danker beneficially own after the reported transaction?

Following the reported transaction, Danker beneficially owns 445,427 shares, held directly.

When was the Form 4 signed and filed?

The signature block shows the form was signed by an attorney-in-fact on 08/19/2025, and the transaction date is 08/15/2025.

What is Daniel Danker’s relationship to Maplebear Inc. as listed on the Form 4?

He is identified as a former Chief Product Officer and the form indicates an individual filing by one reporting person.