Form 4: Maplebear Inc. Executive Alan Ramsay Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Alan Ramsay, Chief Accounting Officer of Maplebear Inc., sold 2,314 shares of common stock at an average price of $46.2765 on January 21, 2025, under a pre-arranged trading plan.
Summary
- On January 21, 2025, Alan Ramsay, the Chief Accounting Officer of Maplebear Inc. (CART), sold 2,314 shares of common stock.
- The sale was executed at a weighted average price of $46.2765 per share.
- The transactions occurred within a price range of $46.1550 to $46.36 per share.
- The sale was conducted under a Rule 10b5-1 trading plan adopted on December 5, 2023.
- Following the transaction, Ramsay directly owns 85,421 shares of Maplebear Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding an executive's stock sale under a pre-arranged trading plan, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity. It is common for executives to use 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information.
Stakeholder Impact
- The stock sale by a company executive could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 2023-12-05 | Date of adoption of Rule 10b5-1 trading plan. |
| 2025-01-21 | Date of stock sale transaction. |
| 2025-01-23 | Date of signature on the Form 4 filing. |
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