CARTNasdaqSEC EDGAREDGAR

Maplebear Inc.

Services-Business Services, NEC·SAN FRANCISCO, CA·FY end 12/31·CIK 1579091

Board of Directors

8 members · 7 independent · FY 2025
DirectorRoleTenureAgeCommitteesIndep.Annual fees
Meredith Kopit LevienDirector5y55AuditComp—
Lily SarafanDirector5y44CompNCG—
Victoria DolanDirector2y66Audit—
Mary Beth LaughtonDirector1y49Audit—
Josh SilvermanDirector1y57NCG—
Ravi GuptaLead Independent Director2y44CompNCG—
Chris RogersCEO and Director1y47———
Daniel SundheimDirector6y49Comp—

Risk-factor diff

FY 2025 10-K vs. FY 2024
+108 new−115 removed

Net-new paragraphs in the most recent 10-K's Item 1A. Companies rarely add risk language without a real reason — additions here are often a leading signal of management concerns.

NEW · FY 2025

“Our business is subject to various laws and regulations, including those related to the contractor status of shoppers and requirements to engage shoppers, which may change or increase over time and subject us to increased compliance costs and liabilities.”

NEW · FY 2025

“Artificial intelligence and machine learning solutions, including our use of such solutions and use of such solutions by our competitors, could result in reputational harm, competitive harm, or legal liability, and could adversely affect our results of operations.”

NEW · FY 2025

“If we fail to cost-effectively engage, attract, or retain shoppers on Instacart, our business could be harmed.”

NEW · FY 2025

“comply with existing and new laws, regulations, and judgments or settlements applicable to our business;”

NEW · FY 2025

“successfully expand in existing markets and enter new markets, including new geographies, retail categories, and fulfillment methods;”

+ 25 more new paragraphs not shown

Policies & disclosures

Clawback, anti-hedging, stock ownership, and related-party policies will populate from extracted proxy sections.