Form 4: Apoorva Mehta Reports Gift of 5,000,000 Maplebear Inc. Shares

Apoorva Mehta, a director and 10% owner of Maplebear Inc. (Instacart), reported gifting 5,000,000 shares of common stock on April 4, 2025.

Summary

• On April 4, 2025, Apoorva Mehta, a director and 10% owner of Maplebear Inc. (Instacart), reported a transaction involving the gifting of 5,000,000 shares of common stock.
• The shares were gifted directly, with a reported price of $0 per share.
• Following the transaction, Mehta indirectly beneficially owns 17,413,892 shares.
• Of these, 15,530,661 shares are held by The Apoorva Mehta Revocable Trust, and 1,883,231 shares are held by AM Investment Holdings LLC.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing reporting a gift of shares. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The gifting of shares by a major shareholder could be perceived in various ways by stakeholders, but the direct impact is likely minimal as it doesn't involve a sale on the open market.

Key Dates

Keywords

Maplebear Inc., Instacart, Apoorva Mehta, Form 4, Beneficial Ownership, Share Gifting, Director, 10% Owner