Insiders file to sell 5,940 Class A shares — IBTA (IBTA)

Rhea-AI Filing Summary

Brynn F. Swanson and Luke Swanson reported proposed sales of 5,940 shares of Class A common stock each of IBTA. The filings list the transaction date as 06/04/2026 and include dollar amounts of $195,886.30 and $195,886.75 respectively.

Insights

Securities Compliance Analyst

Form 144s notify the market of proposed insider sales; these are routine disclosure notices.

The filings show two proposed dispositions of 5,940 shares of Class A stock dated 06/04/2026. The amounts reported are $195,886.30 and $195,886.75, which appear to be gross proceeds or estimated values.

These notices permit public transparency for planned sales by affiliated parties. Timing, actual sale completion, and exact cash‑flow treatment are not provided in this excerpt; subsequent filings (e.g., Form 4) would show execution details if and when sales occur.

Key Figures

Proposed shares per filer: 5,940 shares Dollar amount reported (Brynn): $195,886.30 Dollar amount reported (Luke): $195,886.75 +1 more

4 metrics

Proposed shares per filer 5,940 shares <date>06/04/2026</date>

Dollar amount reported (Brynn) $195,886.30 listed alongside 5,940 shares

Dollar amount reported (Luke) $195,886.75 listed alongside 5,940 shares

Filing date / broker info 07/01/2026 Fidelity Brokerage Services LLC, NYSE listing noted

Key Terms

Form 144, Founders Shares, Compensation

3 terms

Form 144 regulatory

"Class A | Fidelity Brokerage Services LLC 900 Salem Street"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Founders Shares market

"Class A | 12/24/2012 | Founders Shares"

Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.

Compensation financial

"5940 | 12/24/2012 | Compensation"

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Available on EDGAR 07/01/2026 - 11:32 AM Accepted by SEC EDGAR 07/01/2026 - 11:32 AM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	5940	205939.80	20197545	07/01/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A	12/24/2012	Founders Shares	Issuer			5940	12/24/2012	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Brynn F. Swanson 1400 16th Street Suite 600 Denver CO 80202	Class A	06/04/2026	5940	195886.30
Luke Swanson 1400 16th Street Suite 600 Denver CO 80202	Class A	06/04/2026	5940	195886.75

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the IBTA Form 144 filed by Brynn and Luke Swanson mean?

It notifies the SEC of proposed sales: each reporting person listed 5,940 shares of Class A stock on 06/04/2026. It signals intent to sell; execution details are not included in this notice.

How many shares did Brynn F. Swanson and Luke Swanson propose to sell in the IBTA filing?

Each reporting person listed a proposed sale of 5,940 shares of Class A common stock on 06/04/2026. The filing shows corresponding dollar figures of $195,886.30 and $195,886.75.

Does the Form 144 show the sales were completed for IBTA?

No. The Form 144 reports proposed dispositions; it does not confirm completion. Execution and final ownership changes would be reported in subsequent filings if sales occurred.

Who are the filers named on the IBTA Form 144 excerpt?

The excerpt lists Brynn F. Swanson and Luke Swanson at the Denver address and shows Fidelity Brokerage Services LLC as a broker address. It identifies the securities as Class A shares.