Maplebear’s Chief Legal Officer Morgan Fong cashed in big—selling 18,390 shares for $815,400 after exercising stock options at a $7.32 strike price and selling at $44.34. Though the move sparked curiosity, it’s a standard tactic for executives to lock in gains while retaining a major stake. Fong still holds over 900K shares and options, and with Maplebear (Instacart) valued at $10B, strong revenue and a projected profit surge in Q1 2026 suggest confidence remains high. This isn’t a sell-off—it’s smart, strategic finance.
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