Instacart CPO Sells $436K in Stock, Retains Large Position
Maplebear (CART) Chief Product Officer Daniel Danker reported a significant insider transaction on June 18, 2025.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Maplebear (CART) Chief Product Officer Daniel Danker reported a significant insider transaction on June 18, 2025. The executive sold 10,035 shares at a weighted average price of $43.44 per share, with individual transaction prices ranging from $43.12 to $43.95.
The sale was executed through a pre-planned Rule 10b5-1 trading plan established on February 28, 2025, which provides a safe harbor from insider trading allegations. Following the transaction, Danker maintains direct ownership of 480,227 shares of Maplebear common stock.
This transaction was reported via Form 4 filing and executed in compliance with SEC regulations. The sale was processed through an attorney-in-fact, Bradley Libuit, who signed the filing on June 20, 2025.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,035 | $43.4416 | $436K |
Footnotes (2)
- F1. The reported sales were effected pursuant to a Rule 10b5-1 trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), adopted on February 28, 2025.
- F2. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.12 to $43.95 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Was CART insider Daniel Danker's stock sale part of a pre-planned trading arrangement?
AI-generated analysis. How Rhea-AI works. Not financial advice.