Ravi Gupta linked vehicle sells 181K Maplebear (CART) shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Maplebear Inc. director Ravi Gupta reported an open-market sale of 181,000 shares of Common Stock at a weighted average price of $41.5131 per share. The sale was executed through an estate planning vehicle that held the shares indirectly.
After this transaction, that estate planning vehicle held 741,523 Maplebear shares. The Form 4 also lists additional indirect holdings in various Sequoia Capital and Sequoia Grove entities and a separate direct holding of 15,006 shares. Footnotes state that Gupta may be deemed to share beneficial ownership of these positions but disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Ravi Gupta’s Form 4 shows a sizeable but context-limited indirect share sale.
The disclosure shows an open-market sale of 181,000 Maplebear Common Stock shares at a weighted average price of $41.5131. The transaction was executed by an estate planning vehicle associated with Ravi Gupta, not directly by him personally.
Following the sale, that vehicle still held 741,523 shares, and the filing lists multiple additional indirect holdings through Sequoia Capital and Sequoia Grove entities, plus 15,006 shares held directly. Footnotes emphasize that Gupta may be deemed to share beneficial ownership but disclaims ownership beyond his pecuniary interest.
The transactionSummary indicates a net-sell position of 181,000 shares with no derivative exercises and no tax-withholding or restructuring events. There is no reference to a Rule 10b5-1 trading plan in the provided excerpt, so the timing context is limited to this single reported sale.
Insider Trade Summary
Net Seller: 181,000 shares ($7,513,871)
Net Sell
10 txns
Insider
Gupta Ravi
Role
null
Sold
181,000 shs ($7.51M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 181,000 | $41.5131 | $7.51M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 741,523 shares (Indirect, Estate Planning Vehicle);
Common Stock — 15,006 shares (Direct, null)
Footnotes (1)
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.01 to $41.90. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above. The Reporting Person is a stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is (i) the general partner of SCGGF III - Endurance Partners Management, L.P., which is the general partner of Sequoia Capital Global Growth Fund III - Endurance Partners, L.P., or GGF III; (ii) the general partner of SCGGF III - U.S./India Management, L.P., or GGF III US IND MGMT; and (Continue from Footnote 2) (iii) the general partner of SC US/E Expansion Fund I Management, L.P., which is the general partner of Sequoia Capital US/E Expansion Fund I, L.P., collectively, the EXP I Funds. As a result, the Reporting Person may be deemed to share beneficial ownership of the shares held by GGF III, GGF III US IND MGMT and the EXP I Funds. The Reporting Person disclaims beneficial ownership of the securities included in this report, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes. The Reporting Person is a member of Sequoia Grove II, LLC and a partner of Sequoia Grove UK, L.P. The Reporting Person disclaims beneficial ownership of the securities included in this report except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes. The Reporting Person is a stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is (i) the general partner of Sequoia Capital Fund Management, L.P., which is the general partner of Sequoia Capital Fund, LP (SCF) and the managing member of Sequoia Capital Fund Parallel, LLC (SCFP). As a result, the Reporting Person may be deemed to share beneficial ownership with respect to the shares held by SCF and SCFP. The Reporting Person disclaims beneficial ownership of the shares held by SCF and SCFP except to the extent of his or its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
Key Figures
Shares sold: 181,000 shares
Weighted average sale price: $41.5131 per share
Estate vehicle post-sale holding: 741,523 shares
+3 more
6 metrics
Shares sold
181,000 shares
Open-market sale of Common Stock
Weighted average sale price
$41.5131 per share
Open-market sale price range $41.01–$41.90
Estate vehicle post-sale holding
741,523 shares
Indirect holding after sale via estate planning vehicle
Direct holding
15,006 shares
Common Stock held directly by Ravi Gupta
Sequoia Capital Fund holding
20,144,842 shares
Indirect Common Stock holding via Sequoia Capital Fund, LP
Sequoia Capital Fund Parallel holding
3,064,306 shares
Indirect Common Stock holding via Sequoia Capital Fund Parallel, LLC
Key Terms
weighted average price, open-market sale, beneficial ownership, pecuniary interest, +1 more
5 terms
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
beneficial ownership financial
"may be deemed to share beneficial ownership of the shares held"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of the securities... except to the extent of his pecuniary interest therein"
estate planning vehicle financial
"nature_of_ownership": "Estate Planning Vehicle""
FAQ
What did Ravi Gupta report in this Maplebear (CART) Form 4?
Ravi Gupta reported an open-market sale of 181,000 Maplebear Common Stock shares. The shares were sold at a weighted average price of $41.5131 per share through an estate planning vehicle, with remaining indirect and direct holdings detailed in the disclosure and footnotes.
Does Ravi Gupta hold other indirect Maplebear (CART) positions through Sequoia entities?
Yes. The disclosure lists indirect holdings through several Sequoia Capital and Sequoia Grove entities, including Sequoia Capital Fund, LP and Sequoia Capital Fund Parallel, LLC. Footnotes state Gupta may share beneficial ownership but disclaims ownership beyond his pecuniary interest in these vehicles.
Were any derivatives or stock options reported in this Maplebear (CART) Form 4?
No derivative securities or stock option exercises appear in the provided data. The derivativeSummary is empty, and the transactionSummary shows zero derivative transactions, indicating this filing relates solely to Common Stock positions and one open-market sale transaction.