Two arms catch the bottom of the cartridge on insertion and are raised cupping the cart.
On extraction the arms are depressed, lifting the cartridge from the socket.
A foot linking both arms is not illustrated, but it prevents the cartridge from being damaged by the arms.
Animated GIF illustrating operation.
Animated GIF illustrating design pivot adjustment, allowing for a lower profile.
A geared (drive/catch) arm arrangement would allow for even greater arm rotation with less insertion displacement, however it would not be forgiving of low mfg. quality. An articulated arm even less.
Design feedback/suggestions?