Maplebear (CART) director Lily Sarafan receives 6,048 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sarafan Lily reported acquisition or exercise transactions in this Form 4 filing.
Maplebear Inc. director Lily Sarafan received a grant of 6,048 shares of Common Stock in the form of restricted stock units at no cash cost. These RSUs vest in full on the earlier of the company’s next annual stockholder meeting or one year from the grant date, subject to continued board service, bringing her direct holdings to 27,602 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sarafan Lily
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,048 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 27,602 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 6,048 shares
Price per share: $0.0000 per share
Shares after transaction: 27,602 shares
+1 more
4 metrics
RSU grant size
6,048 shares
Restricted stock units granted to director Lily Sarafan
Price per share
$0.0000 per share
Transaction price for the RSU grant
Shares after transaction
27,602 shares
Total Common Stock directly held after award
Transaction code
A
Grant, award, or other acquisition of Common Stock
Key Terms
restricted stock units, annual meeting of stockholders, grant date, continued service
4 terms
restricted stock units financial
"The shares represent restricted stock units, which vest in full on the earlier of..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
annual meeting of stockholders financial
"on the earlier of (i) the date of the Issuer's next annual meeting of stockholders..."
grant date financial
"or (ii) the one-year anniversary of the grant date, in each case subject to..."
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
continued service financial
"in each case subject to the Reporting Person's continued service through such date."
FAQ
What insider transaction did Maplebear Inc. (CART) report for Lily Sarafan?
Maplebear Inc. reported that director Lily Sarafan received 6,048 restricted stock units of Common Stock as a grant with a zero dollar price per share. This award increased her direct holdings to 27,602 shares following the transaction.
What are the vesting terms of Lily Sarafan’s Maplebear (CART) restricted stock units?
The 6,048 restricted stock units vest in full on the earlier of Maplebear’s next annual meeting of stockholders or one year after the grant date. Vesting is conditioned on Lily Sarafan’s continued service as a director through the applicable vesting date.
Was Lily Sarafan’s Maplebear (CART) award a market purchase or a compensation grant?
The transaction was a compensation grant, not a market purchase. It is coded as a grant, award, or other acquisition, with a transaction price per share of $0.0000, indicating restricted stock units awarded as part of her role as a director.
What does the Form 4 footnote reveal about the Maplebear (CART) RSU grant?
The footnote explains that the 6,048 shares are restricted stock units that vest fully on the earlier of Maplebear’s next annual stockholder meeting or the one-year anniversary of the grant date, provided Lily Sarafan continues serving as a director through that date.