Maplebear Inc. (CART) GC exercises 10,355 stock options at $7.32
Rhea-AI Filing Summary
Maplebear Inc.'s General Counsel and Secretary, Fong Morgan, reported an option exercise involving company stock. On January 9, 2026, a fully vested stock option to buy common shares at $7.32 per share was exercised for 10,355 shares, converting the derivative position into directly held common stock. Following this transaction, Morgan directly owned 415,295 shares of Maplebear common stock and held 220,680 stock options that remained outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 10,355 | $0.00 | -- |
| Exercise | Common Stock | 10,355 | $7.32 | $76K |
Footnotes (1)
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FAQ
What insider transaction did Maplebear Inc. (CART) report?
Maplebear Inc. reported that its General Counsel and Secretary, Fong Morgan, exercised a fully vested stock option for 10,355 shares of common stock on January 9, 2026.
What was the exercise price of the options in the Maplebear (CART) Form 4?
The reported stock option had a conversion or exercise price of $7.32 per share for the underlying Maplebear common stock.
How many Maplebear (CART) stock options does the insider still hold?
Following the transaction, Fong Morgan held 220,680 stock options (rights to buy Maplebear common stock) beneficially owned directly.
What does transaction code "M" mean in the Maplebear (CART) Form 4?
Transaction code "M" indicates the exercise or conversion of a derivative security, in this case a stock option (right to buy) that resulted in acquiring common shares.
Is the Maplebear (CART) stock option reported in this Form 4 vested?
Yes. A footnote states that the stock option is fully vested and exercisable, meaning it could be exercised in full at the time of the transaction.