Sarafan Lily 4
Research Summary
AI-generated summary
Maplebear (CART) Director Lily Sarafan Sells 3,500 Shares
What Happened
- Lily Sarafan, a director of Maplebear Inc. (CART), sold 3,500 shares in an open-market transaction on February 25, 2026. The weighted-average sale price was $36.53 per share, generating total proceeds of approximately $127,847. This was a sale (not a purchase).
Key Details
- Transaction date: 2026-02-25 (reported on Form 4 filed 2026-02-27).
- Price(s): reported weighted-average price $36.53; sale prices ranged from $36.5201 to $36.53 across multiple trades (see footnote F1).
- Shares sold: 3,500 (Disposition, code S).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnote: F1 states the reported price is a weighted average and the seller can provide a breakdown of the number of shares sold at each price within the stated range upon request.
- Timeliness: Filing appears timely (transaction 2/25/2026; Form 4 filed 2/27/2026).
Context
- This was a cash sale by a company director. Sales by insiders can be routine (diversification, liquidity, tax purposes) and do not, by themselves, indicate management views on company prospects. No 10b5-1 plan, option exercise, gift, or tax-withholding mechanics are indicated in the provided information.