Form 4: Maplebear Inc. Executive Daniel Danker Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Chief Product Officer of Maplebear Inc., Daniel Danker, disposed of 30,451 shares of common stock on May 15, 2025, to cover tax withholding obligations.
Summary
- On May 15, 2025, Daniel Danker, Chief Product Officer of Maplebear Inc. (CART), disposed of 30,451 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The price per share for the disposal was $45.21.
- Following the transaction, Danker directly owns 500,297 shares of Maplebear Inc.
Sentiment
Score: 5
Explanation: This is a neutral event related to tax obligations, not indicative of positive or negative sentiment towards the company's performance.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations and doesn't necessarily reflect a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of stock disposal transaction. |
| 05/16/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Maplebear Inc., CART, Daniel Danker, Stock Disposal, Tax Withholding, Restricted Stock Units, Beneficial Ownership, Chief Product Officer
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