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CART Maplebear Inc. Insider Trading

Latest: Director Sold $7.5M of Shares · Jun 2026

Multiple insiders have been active at Maplebear Inc. (CART): 5 distinct insiders account for 0 buy filings and 19 sell filings as of Jun 2026. Its highest-significance filing in the last 90 days: Director Ravi Gupta sold $7.5M, transaction dated Jun 2026.

19 filings analyzed · Latest 2026-06-04

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Buys
0
Sells
19
Insiders
5
Direction
Net selling

Maplebear Inc. leadership

CEO
Chris Rogers — Chief Executive Officer and President
CFO
Emily Reuter — Chief Financial Officer and Treasurer
General Counsel
Morgan Fong — Chief Legal and Global Affairs Officer and Secretary
Chair
Chris Rogers — Chairperson

Historically, stocks have lagged the S&P 500 by a median ~4% over the 90 days after a high insider sell (n ≈ 3,996, 2024-2026). Past results don't predict the future. How we measure this ↗

June 2026
2026-06-04
high
Ravi Gupta Sell
181,000 shares
$7,513,871
@ $41.51
Significance 6

Director Ravi Gupta sold 181,000 shares of CART at $41.51 for $7.5M; holds 741,523 shares post-sale.

Director Ravi Gupta sold 181,000 shares (19.6% of his pre-transaction holdings) on 2026-06-02 at $41.51 per share, reducing his position from 922,523 to 741,523 shares. The sale occurred near the lower end of the 52-week range ($32.73–$53.50), approximately 22.5% below the 52-week high, and the stock has declined 5.2% over the past 30 days. Notably, Gupta's prior open-market activity at Maplebear consists entirely of five purchases dating to February 2024, all of which remain unmeasurable at the 90-day mark. The shift from consecutive accumulation to a significant liquidation of approximately one-fifth of his holdings warrants investor attention, particularly given the stock's recent weakness relative to its recent peak and the lack of sustained near-term price momentum.

May 2026
2026-05-19 10b5-1 Plan
low
Chief Legal Officer
14,033 shares
$560,416
@ $39.94
Significance 3

CLO Fong Morgan sells 14,033 shares for $560,415.78 under pre-arranged 10b5-1 plan; holds 544,078 shares post-transaction.

Fong Morgan, Chief Legal Officer, executed 2 separate sales totaling 14,033 shares for $560,415.78 on 2026-05-18 under a 10b5-1 trading plan adopted on 2025-12-10, meaning the transaction was scheduled and non-discretionary. The sales reduced his holdings by 2.5% from 558,111 to 544,078 shares. At the blended average price of $39.94, the transaction executed below the current price of $40.98. His prior 5 trades at CART have shown mixed absolute returns: four March 2026 sales posted 30-day gains ranging from 4.4% to 6.5%, while a November 2024 sale posted a 30-day loss of 8.0%. Since this sale is part of a scheduled 10b5-1 plan rather than discretionary action, it carries no signal about the insider's contemporaneous view of valuation or near-term prospects.

March 2026
2026-03-13 10b5-1 Plan
medium
GENERAL COUNSEL & SECRETARY
126,083 shares
$4,676,954
@ $37.09
Significance 6

Maplebear General Counsel Fong Morgan sold 126,083 shares for $4,676,953.66 on 2026-03-11

Fong Morgan, General Counsel & Secretary at Maplebear Inc. (CART), executed four separate sales totaling 126,083 shares for $4,676,953.66 on March 11, 2026, reducing holdings by 24.6% from 512,726 to 386,643 shares. The sales occurred at a blended average price of $37.09, below the current price of $38.23 but notably near the midpoint of the 52-week range ($32.93–$51.77); the stock is currently down 26.2% from its 52-week high. At the same-ticker level, Morgan's prior five sales at CART have shown a timing pattern of 0 well-timed outcomes at the 90-day mark, with recent trades producing mixed returns (+1.0%, +1.7%, +4.1%, +7.0%, +0.4%). The cross-ticker track record shows a 37.50% well-timed rate across 8 prior sales, suggesting modest baseline timing skill, though that broader pattern does not necessarily predict performance at this specific ticker. The company's fundamentals remain solid (revenue $939,000,000, net income $144,000,000, +10.8% annual growth, P/E 18.29), so the sale does not appear driven by fundamental deterioration.

August 2025
2025-08-12 10b5-1 Plan
low
Simo Fidji Sell
PRESIDENT AND CEO
56,958 shares
$2,941,228
@ $51.64
Significance 3

Simo Fidji, then-CEO of Maplebear (CART), sold 56,958 shares for $2,941,228.11 via scheduled 10b5-1 trading plan

Simo Fidji, who was CEO at the time of filing, executed 3 separate sales totaling 56,958 shares for $2,941,228.11 at blended average price of $51.64 on 2025-08-08 and 2025-08-12. This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2024-11-20, meaning it was scheduled and non-discretionary. The sales reduced his holdings by 2.9% from 1,958,805 shares to 1,901,847 shares, maintaining substantial residual ownership. Because this is a 10b5-1 plan execution, the timing and sequencing reflect administrative scheduling rather than discretionary trading decisions, limiting any inference about conviction or market outlook from the trade itself.

July 2025
2025-07-29
high
4,864,272 shares
$232,268,988
@ $47.75
Significance 8

GCM Grosvenor liquidates entire 4.86M-share stake in CART for $232.3M at $47.75, exiting complete position

GCM Grosvenor completed a complete exit from Maplebear Inc., selling 4,864,272 shares across 3 separate transactions totaling $232,268,988.00 at $47.75 per share on 2025-07-25, reducing holdings from 4.86M shares to zero. The sale occurred near the 52-week high (current price $46.77 is -12.0% from the $53.15 peak), and the blended sale price of $47.75 represents favorable exit timing relative to recent intraday highs. This complete liquidation is material given the stake's scale and the insider's zero residual ownership, signaling a definitive strategic repositioning rather than a partial reduction. The track record shows the insider's prior trade at this ticker (a buy on 2023-09-21) yielded -22.8% over 90 days, with a cross-ticker win rate of 0.00%, suggesting this exit may reflect lessons from the historical underperformance of the initial position.

2025-07-29
high
4,864,272 shares
$232,268,988
@ $47.75
Significance 8

GCM Grosvenor divests entire 4.86M-share stake in CART for $232.3M; 100% exit after 6-month stock climb.

GCM Grosvenor liquidated its complete position in Maplebear Inc. via 3 separate sales totaling 4,864,272 shares for $232,268,988.00 at $47.75 per share on 2025-07-25, reducing holdings from 4.86M shares to 0. The sale occurred near the 52-week high ($53.15), with the stock currently trading at $46.77 (-12.0% from peak) but still up 4.3% over the prior 30 days and 17.2% over 90 days. Across all of the insider's cross-ticker sell history, the 90-day well-timed rate is 100.00%, indicating a pattern of exiting before declines, though same-ticker transaction history at CART shows only 2 of 5 prior trades were well-timed at the 90-day mark. This complete exit of a multi-billion-dollar holding warrants examination of whether the insider's broader sell discipline holds at this specific position or whether factors unique to this filing explain the full liquidation.

2025-07-24 10b5-1 Plan
medium
Simo Fidji Sell
PRESIDENT AND CEO
73,200 shares
$3,660,547
@ $50.01
Significance 5

CART CEO Simo Fidji sold 73,200 shares for $3.7M at $50.01 on Jul 22–23; stock at $49.84 (-6.2% from 52w high).

Simo Fidji, President and CEO, executed 2 separate sales totaling 73,200 shares for $3,660,547.06 at an average price of $50.01, reducing his holdings from 2,032,005 shares to 1,958,805 shares (-3.6%). The blended transaction price of $50.01 sits near the current price of $49.84, positioning the sales just before a modest decline from the 52-week high of $53.15. His track record across all tickers shows 20 prior sells with a 90-day well-timed rate of 52.94%, while his same-ticker history at CART (5 prior trades) exhibits mixed timing, with only 1 of 2 prior measurable 90-day outcomes well-timed. The latest sale occurs after the stock has appreciated 10.8% over 30 days and 18.9% over 90 days, during a period of solid fundamentals (Revenue $897,000,000, Net Income $106,000,000, Annual revenue growth +11.0%, P/E 30.02). The sales are modest relative to his post-transaction holdings, suggesting no dramatic conviction shift.

2025-07-15 10b5-1 Plan
low
Simo Fidji Sell
PRESIDENT AND CEO
14,233 shares
$681,147
@ $47.86
Significance 4

CART CEO Simo Fidji sold 14,233 shares at $47.86 on 2025-07-14 (total: $681.1K), retaining 2.03M shares; 3 of 5 prior CART sales showed negative 90-day returns.

Simo Fidji's sale of 14,233 shares represents a modest 0.7% reduction from his 2.05M pre-transaction holdings, with the transaction priced at $47.86 versus the current price of $48.67, placing the sale slightly below present market levels. His track record at CART shows a mixed timing pattern: 2 of 3 measurable 90-day outcomes from prior sales were negative (declining to -5.2% and -3.3%), though one prior sale posted a +8.6% 90-day return. At the cross-ticker level, his 19 prior sells achieved a 52.94% well-timed rate with a modest 90-day average return of +3.0%, suggesting a neutral historical pattern without a strong directional signal. The stock has rallied +12.2% in 30 days and +15.7% in 90 days from the transaction date, performing well despite the CEO's discretionary sale decision.

May 2025
2025-05-16 10b5-1 Plan
medium
Simo Fidji Sell
PRESIDENT AND CEO
26,433 shares
$1,176,206
@ $44.50
Significance 5

CEO Simo Fidji sold 26,433 shares of Maplebear (CART) for $1.2M at blended average of $44.50.

Simo Fidji executed 2 separate sales on 2025-05-14, totaling 26,433 shares (26.4K shares) for $1,176,206.43 ($1.2M), reducing his holdings by 1.3%. At the current price of $45.66, the stock is -14.1% from its 52-week high of $53.15 but has gained +8.5% over the trailing 30 days. Fidji's same-ticker history shows 3 of 4 prior measurable sales were well-timed at the 90-day mark, with negative average 90-day returns of -5.2%, -3.3%, and -6.0%, suggesting a pattern of selling ahead of declines at this ticker. However, the company reported $897.0M quarterly revenue with +11.0% annual growth and $106.0M net income, with a P/E of 27.51, indicating stable underlying fundamentals that do not suggest distress. The sale occurs after an 8.5% 30-day rally, providing context for the timing of the disposition.

February 2025
2025-02-28 10b5-1 Plan
low
Simo Fidji Sell
PRESIDENT AND CEO
20,750 shares
$898,614
@ $43.31
Significance 4

CEO Simo Fidji sold 20,750 shares of Maplebear (CART) at $43.31; stock now at $41.09, down 22.7% from 52-week high.

Simo Fidji, President and CEO, sold 20,750 shares at $43.31 on 2025-02-26, reducing his holdings by 1.2%. The sale occurred near the top of the 52-week range ($30.13–$53.15), though the stock has since declined 22.7% from its high and is down 14.6% over the prior 30 days. At Maplebear specifically, Fidji's recent trading pattern shows mixed timing outcomes: 0 of 2 prior 90-day measurable sales resulted in declines (one showed +21.9%, another +2.8%), indicating his sell decisions at this ticker have not consistently preceded price weakness. His cross-ticker track record shows a 46.15% well-timed rate on sells with an average 90-day return of +4.3%, suggesting his sells across all tickers tend to be poorly timed, with stocks rising afterward. The company's fundamentals remain sound (11.0% annual revenue growth, $118.0M net income, P/E of 4.31), so this sale does not correlate with deteriorating business performance. The modest sale size (1.2% of holdings) and retention of 1,662,692 shares indicate continued significant ownership position.

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