March 8, 2024 · Form 4 insider transaction
Fong Morgan bought 31,730 shares of Instacart (Maplebear Inc.) at $7.32 per share, a transaction worth $232.3K. The trade was recorded as option exercise under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 4 days after the transaction.
The reported stock option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), adopted on November 21, 2023.