Form 4: Maplebear Inc. Executive Alan Ramsay Sells Shares Under 10b5-1 Trading Plan

Chief Accounting Officer Alan Ramsay of Maplebear Inc. (CART) sold 2,247 shares of common stock on December 20, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On December 20, 2024, Alan Ramsay, Chief Accounting Officer of Maplebear Inc. (CART), sold 2,247 shares of common stock.
• The sale was executed under a Rule 10b5-1 trading plan adopted on December 5, 2023.
• The shares were sold at a weighted average price of $42.1432.
• The prices ranged from $41.6450 to $42.35 per share.
• Following the transaction, Ramsay directly owns 87,735 shares of Maplebear Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sale was conducted under a pre-arranged 10b5-1 trading plan, suggesting no immediate cause for concern.

Industry Context

Sales by company executives are a normal part of corporate governance. The fact that the sale was executed under a 10b5-1 plan suggests that it was pre-planned and not based on any inside information at the time of the sale.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates this concern.

Key Dates