STOCK TITAN

IBTA (IBTA) insiders Luke and Brynn Swanson file notice for NYSE Class A stock sales

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

IBTA insiders Luke Swanson and Brynn F. Swanson filed a notice of proposed sales of Class A shares through Fidelity Brokerage Services LLC on the NYSE, with a proposed sale date of August 3, 2026. The Class A shares were originally acquired as Founders Shares from the issuer on December 24, 2012 as compensation. The filing also lists recent Class A share sales by both individuals on June 4, 2026 and July 1, 2026, providing transaction amounts for each date.

Positive

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Negative

  • None.
Proposed transaction amount 145361.95 Amount listed for Class A securities in the planned sale dated 08/03/2026
Code 5940 Identifier associated with IBTA Class A securities in the filing
Amount June 4, 2026 (Luke Swanson) 195886.75 Class A transaction amount reported for 06/04/2026
Amount June 4, 2026 (Brynn F. Swanson) 195886.30 Class A transaction amount reported for 06/04/2026
Amount July 1, 2026 (Luke Swanson) 208718.80 Class A transaction amount reported for 07/01/2026
Amount July 1, 2026 (Brynn F. Swanson) 208719.15 Class A transaction amount reported for 07/01/2026
Acquisition date of Founders Shares 12/24/2012 Original acquisition date for Class A Founders Shares received as compensation
Proposed sale date 08/03/2026 Date associated with proposed Class A sales through Fidelity on NYSE
Form 144 regulatory
"144: Securities Information and 144: Securities To Be Sold"
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 financial
"Class A | 12/24/2012 | Founders Shares | Issuer"
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"
Securities To Be Sold regulatory
"144: Securities To Be Sold"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What does the IBTA Form 144 filing by Luke and Brynn Swanson disclose?

It discloses that Luke Swanson and Brynn F. Swanson plan to sell Class A shares of IBTA through Fidelity Brokerage Services LLC, with a proposed sale date of August 3, 2026, and provides details of their prior Class A sales.

When were the IBTA Class A shares originally acquired by the Swansons?

The filing states the Class A shares were acquired on December 24, 2012 as Founders Shares from the issuer as Compensation, establishing the original acquisition date for the securities now subject to sale.

Which broker and market are used for the planned IBTA Class A sales?

The planned Class A sales are through Fidelity Brokerage Services LLC, with trading on the NYSE. This provides the execution venue information for the proposed Form 144 transactions disclosed by the Swansons.

What prior IBTA Class A sales are reported in the last three months?

The filing lists Class A sales on June 4, 2026 with amounts of 195,886.75 and 195,886.30, and on July 1, 2026 with amounts of 208,718.80 and 208,719.15, attributed separately to Luke and Brynn F. Swanson.

What security type is involved in the IBTA Form 144 notice?

The notice concerns Class A shares associated with IBTA, identified with code 5940 and traded on the NYSE, with the Swansons reporting planned and recent sales of this same class of securities.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature