Fong Morgan 4

What Happened
Fong Morgan, General Counsel & Secretary of Maplebear Inc. (CART), had 12,909 shares withheld (disposed) on Feb 15, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock units. The withholding was reported at $36.30 per share, totaling $468,597. This was a tax-withholding disposition (routine), not an open-market sale.

Key Details

• Transaction date and price: 2026-02-15 — 12,909 shares @ $36.30 each; total $468,597.
• Transaction code: F (shares withheld to satisfy tax withholding upon RSU vesting). See footnote: F1 — represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing date vs. transaction date: Form filed 2026-02-18 for a 2026-02-15 transaction — this was three calendar days later; Form 4s are generally due within two business days, so this filing may be late depending on business-day count and any intervening holiday.

Context
Withholding shares to cover taxes on vested RSUs is a common, administrative disposition and does not necessarily indicate insider sentiment about the stock. This was not an open-market sale or a new purchase; instead, shares were surrendered to satisfy tax obligations at vesting.