Form 4: Maplebear Executive Sells Shares
Insider Transaction (Form 4)
Morgan Fong, Chief Legal Officer of Maplebear Inc., sold 18,390 shares of common stock on August 24, 2026.
Summary
- Option exercise/conversion: acquired 18,390 Common Stock at $7.32 ($134,615) on August 24, 2026; holds 548,301 after (Direct).
- Open-market sale: disposed of 14,091 Common Stock at $49.81 ($701,811) on August 24, 2026; holds 534,210 after (Direct).
- Open-market sale: disposed of 4,299 Common Stock at $50.47 ($216,991) on August 24, 2026; holds 529,911 after (Direct).
- Option exercise/conversion: disposed of 18,390 Stock Option (Right to Buy) on August 24, 2026; holds 73,560 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $918,802 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Morgan Fong — Officer (Chief Legal Officer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-24 | Option exercise/conversion | Common Stock | 18,390 | $7 | $134.6K | 548,301 |
| 2026-08-24 | Open-market sale | Common Stock | 14,091 | $50 | $701.8K | 534,210 |
| 2026-08-24 | Open-market sale | Common Stock | 4,299 | $50 | $217.0K | 529,911 |
| 2026-08-24 | Option exercise/conversion | Stock Option (Right to Buy) | 18,390 | — | — | 73,560 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-24 | Option exercise/conversion (18,390 shares) |
| 2026-08-24 | Open-market sale (14,091 shares) |
| 2026-08-24 | Open-market sale (4,299 shares) |
| 2026-08-24 | Option exercise/conversion (18,390 shares) |
Keywords
insider transaction, Form 4, CART, Maplebear Inc., bearish, Morgan Fong
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