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[Form 4] Maplebear Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Maplebear Inc. (CART) reported an insider equity transaction by its General Counsel and Secretary on 11/15/2025. The filing shows the disposition of 12,755 shares of common stock at $41.05 per share, coded as a Form 4 transaction type “F.” This code and the footnote clarify that the shares were withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units, rather than sold in an open market transaction.

Following this tax-related withholding, the reporting person beneficially owns 414,768 shares of Maplebear Inc. common stock in direct ownership. The filing is made by a single reporting person and indicates the transaction was part of routine equity compensation and tax settlement activity.

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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
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*
Fong Morgan

(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)
GENERAL COUNSEL & SECRETARY
3. Date of Earliest Transaction (Month/Day/Year)
11/15/2025
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 11/15/2025 F 12,755(1) D $41.05 414,768 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/ Nathan Cao, Attorney-in-Fact 11/18/2025
** 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 insider transaction did Maplebear Inc. (CART) disclose in this Form 4?

The Form 4 discloses that the General Counsel and Secretary disposed of 12,755 shares of Maplebear Inc. common stock on 11/15/2025, tied to equity compensation.

Why were 12,755 Maplebear Inc. (CART) shares disposed of in this filing?

The 12,755 shares were withheld to satisfy tax withholding obligations upon the vesting of restricted stock units, as noted in the explanation of responses.

At what price were the Maplebear Inc. (CART) shares valued in the reported transaction?

The Form 4 lists the price for the disposed common stock as $41.05 per share for the 12,755 shares withheld for taxes.

How many Maplebear Inc. (CART) shares does the insider own after this transaction?

After the tax withholding transaction, the reporting person beneficially owns 414,768 shares of Maplebear Inc. common stock in direct ownership.

What is the role of the reporting person at Maplebear Inc. (CART)?

The reporting person is an officer of Maplebear Inc., serving as General Counsel & Secretary.

Was this Maplebear Inc. (CART) Form 4 filed by more than one reporting person?

No. The filing indicates it is a Form filed by One Reporting Person, not a joint or group filing.

Does this Maplebear Inc. (CART) Form 4 involve any derivative securities?

The Table II section for derivative securities is present but contains no completed entries, indicating no derivative securities transactions were reported in this filing.
Instacart, Inc.(Maplebear Inc.)

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CART Stock Data

10.88B
234.31M
10.3%
84.75%
5.85%
Internet Retail
Services-business Services, Nec
Link
United States
SAN FRANCISCO