A Form 4 filed with the SEC on August 21, 2026, discloses that Ravi Gupta, a director of Maplebear Inc. (NASDAQ:CART), sold 150,000 shares of common stock on August 19, 2026, through an estate planning vehicle.

Key Highlights

  • Shares sold: 150,000 shares of Maplebear Inc. common stock were disposed of on August 19, 2026.
  • Weighted average price: The reported sale price was $50.6101 per share, a weighted average across multiple transactions ranging from $50.14 to $50.77.
  • Ownership form: The shares were held and sold indirectly through an estate planning vehicle.
  • Remaining indirect holdings: Following the transaction, Gupta beneficially owns 591,523 shares indirectly via the estate planning vehicle.
  • Direct holdings: The filing also reports 15,006 shares of common stock held directly, with no transaction recorded against that position.
  • Sequoia affiliation note: According to the filing, Gupta "is no longer deemed to beneficially own the securities previously reported solely by virtue of his affiliation with investment funds managed or advised by affiliates of Sequoia Capital Operations, LLC."

Details of Gupta's August 2026 Share Disposition at Maplebear

According to the filing, Ravi Gupta, identified as a director of Maplebear Inc. (NASDAQ:CART), disposed of 150,000 shares of common stock on August 19, 2026, under transaction code "S" (a sale). The shares were held indirectly through an estate planning vehicle. The filing states the reported price of $50.6101 is a weighted average, with individual transactions executed at prices ranging from $50.14 to $50.77. The filing notes that Gupta undertakes to provide full details of shares sold at each separate price upon request by the issuer, any security holder, or SEC staff.

Following the reported transaction, the filing shows Gupta retains indirect beneficial ownership of 591,523 shares through the estate planning vehicle. Separately, the filing lists 15,006 shares held directly, with no transaction reported against that position. No derivative securities transactions were reported in Table II of the filing.

The filing also includes a remark that Gupta "is no longer deemed to beneficially own the securities previously reported solely by virtue of his affiliation with investment funds managed or advised by affiliates of Sequoia Capital Operations, LLC." The form was signed on August 21, 2026, by Jung Yeon Son, acting by power of attorney for Ravi Gupta.

What Was Disclosed

Maplebear Inc. director Ravi Gupta reported the sale of 150,000 shares of common stock at a weighted average price of $50.6101 on August 19, 2026, held indirectly through an estate planning vehicle, leaving him with 591,523 shares indirectly and 15,006 shares directly.