Maplebear (CART) CFO Emily Reuter Sells 44,188 Shares

What Happened
Emily Reuter, Chief Financial Officer of Maplebear Inc. (CART), disposed of a total of 44,188 shares in mid‑August 2026. On August 13 she sold 25,000 shares in an open‑market sale at a weighted average price of $50.01 for proceeds of $1,250,223. On August 15, 19,188 shares were disposed to satisfy tax withholding obligations related to vested restricted stock units, with a reported weighted average value of $937,909. The two actions together represent roughly $2.19M in proceeds/value, although the 19,188‑share disposition was for tax withholding rather than an open‑market sell decision.

Key Details

• Transaction dates and prices:
  • Aug 13, 2026 — open‑market sale (S): 25,000 shares at a weighted avg. $50.01 (range $50.00–$50.08) — $1,250,223. (F2)
  • Aug 15, 2026 — shares withheld for taxes (F): 19,188 shares at $48.88 reported — $937,909. (F3)
• Total shares disposed: 44,188; combined value ≈ $2,188,132 (note withholding shares served tax obligations).
• Shares owned after the transactions: not specified in the filing.
• Filing: Form 4 filed Aug 17, 2026 reporting transactions from Aug 13–15; the filing date is consistent with routine reporting timelines.
• Notable footnotes:
  • F1: The open‑market sale was effected under a Rule 10b5‑1 trading plan adopted May 8, 2026 (pre‑arranged plan).
  • F2: Reported sale price is a weighted average across multiple executions; detailed breakdown available on request.
  • F3: Withheld shares were used to satisfy tax withholding upon RSU vesting (cashless/withholding disposition).

Context
Open‑market sales executed under a Rule 10b5‑1 plan are typically pre‑arranged and intended to provide an affirmative defense against insider trading claims; they do not necessarily indicate a change in personal view about the company. By contrast, shares withheld to cover taxes are administrative and common upon RSU vesting and are not a market sentiment signal.