Instacart's Chief Accounting Officer Sells Over 3,000 Shares After the Stock Falls from a One-Year High
The platform provider for the grocery industry reported a notable insider stock sale.
Overview
Lisa Blackwood-Kapral, Chief Accounting Officer of Maplebear Inc. (NASDAQ:CART), which operates as Instacart, sold 3,017 shares of common stock on September 15, 2026, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($47.08); post-transaction value based on September 15, 2026 market close ($46.81).
Details
Instacart operates as a critical technology infrastructure provider for the grocery industry, leveraging its platform to connect retailers, brands, and consumers at scale. With $4 billion in TTM revenue and $480 million in TTM net income, the company demonstrates strong profitability while maintaining a diversified revenue model across marketplace, enterprise software, and advertising services.
Source
Originally published at www.fool.com.