Form 4: Maplebear Inc. Director Michael J. Moritz Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Michael J. Moritz reports acquisition and disposal of Maplebear Inc. (CART) securities.
Summary
- On May 29, 2024, Michael J. Moritz, a director of Maplebear Inc. (CART), reported changes in beneficial ownership of the company's stock.
- Moritz acquired 6,841 shares of Common Stock at $0.
- Moritz disposed of 27,624 shares of Common Stock.
- Following these transactions, Moritz beneficially owns 27,624 shares.
- The shares acquired represent restricted stock units (RSUs) that vest in full on the earlier of the next annual meeting of stockholders or the one-year anniversary of the grant date, subject to continued service.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the trading activities of a company director.
Key Dates
| Date | Description |
|---|---|
| 05/29/2024 | Date of transaction: acquisition and disposal of Common Stock. |
| 05/31/2024 | Date of signature on the report. |
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