Trade Summary
4 days ago, Fong Morgan, serving as GC, Secretary at Maplebear Inc. (CART), sold 126,083 shares at $37.09 per share, for a total transaction value of $4,676,954.00. Following this transaction, Fong Morgan now holds 386,643 shares of CART.
This sale represents a 25.00% decrease in Fong Morgan's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Wednesday, March 11, 2026 and publicly disclosed via SEC Form 4 filing on Friday, March 13, 2026, 2 days after the trade was made.
Maplebear Inc. operates in the CONSUMER CYCLICAL sector, specifically within the INTERNET RETAIL industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.