Rogers Chris 4
Research Summary
AI-generated summary
Maplebear (CART) CEO Chris Rogers Withholds 45,464 Shares for Taxes
What Happened
Chris Rogers, President, CEO and a director of Maplebear Inc. (CART), had 45,464 shares withheld to satisfy tax-withholding obligations upon the vesting of restricted stock units. The filing shows those shares were valued at $36.30 each, for a total disposition of $1,650,343. This was a tax-withholding event (not an open-market sale or purchase) and is typically a routine administrative transaction following an RSU vesting.
Key Details
- Transaction date: 2026-02-15. Filing date: 2026-02-18.
- Price per share: $36.30; shares withheld/disposed: 45,464; total value: $1,650,343.
- Shares owned after transaction: not specified in the Form 4 provided.
- Footnote: F1 — shares were withheld to satisfy tax withholding obligations upon RSU vesting. (Code F = tax withholding/cancelled to cover taxes.)
- No late-filing flag was indicated in the summary information provided.
Context
Tax-withholding dispositions on vested RSUs are common and reflect settlement of tax obligations, not a voluntary sale for cash. Such transactions reduce the reported beneficial holdings but do not necessarily indicate a change in the insider’s view of the company.