IBTA (IBTA) insider Luke Swanson files to sell 200 Class A shares

Rhea-AI Filing Summary

IBTA insider Luke Swanson filed a notice to sell 200 Class A shares through Fidelity Brokerage Services on the NYSE, with an aggregate market value of $7,981.00, planned on August 7, 2026. The shares are described as founders shares originally acquired on September 19, 2014 as compensation.

The filing also lists prior Class A share sales over the past three months by Luke and Brynn F. Swanson on June 4, July 1, and August 3, 2026, each involving 5,940 shares per person, with reported total sale values for each transaction.

Key Figures

Planned shares to be sold: 200 shares Aggregate market value of planned sale: $7,981.00 Shares sold per transaction by each Swanson: 5,940 shares +6 more

9 metrics

Planned shares to be sold 200 shares Proposed Class A sale by Luke Swanson on August 7, 2026

Aggregate market value of planned sale $7,981.00 Estimated value for 200 Class A shares on August 7, 2026

Shares sold per transaction by each Swanson 5,940 shares Each sale on June 4, July 1, and August 3, 2026

Luke Swanson 06/04/2026 sale value $195,886.75 Class A sale of 5,940 shares on June 4, 2026

Brynn Swanson 06/04/2026 sale value $195,886.30 Class A sale of 5,940 shares on June 4, 2026

Luke Swanson 07/01/2026 sale value $208,718.80 Class A sale of 5,940 shares on July 1, 2026

Brynn Swanson 07/01/2026 sale value $208,719.15 Class A sale of 5,940 shares on July 1, 2026

Luke Swanson 08/03/2026 sale value $145,361.95 Class A sale of 5,940 shares on August 3, 2026

Brynn Swanson 08/03/2026 sale value $145,267.00 Class A sale of 5,940 shares on August 3, 2026

Key Terms

Form 144, founders shares, compensation

3 terms

Form 144 regulatory

"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 | 09/19/2014 | 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

"200 | 09/19/2014 | Compensation"

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

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Available on EDGAR 08/07/2026 - 06:18 PM Accepted by SEC EDGAR 08/07/2026 - 06:18 PM Learn about SEC filing dates

FAQ

What does IBTA's Form 144 filed by Luke Swanson disclose?

The Form 144 discloses Luke Swanson’s intent to sell 200 Class A shares of IBTA via Fidelity Brokerage Services on the NYSE, with an estimated market value of $7,981.00, planned for August 7, 2026.

How many IBTA Class A shares are planned for sale under this Form 144?

The filing indicates a proposed sale of 200 Class A shares of IBTA. These shares carry an aggregate market value of $7,981.00 for the planned transaction on August 7, 2026.

What prior IBTA share sales by Luke and Brynn Swanson are reported?

The filing lists past sales where Luke and Brynn F. Swanson each sold 5,940 Class A shares on June 4, July 1, and August 3, 2026, with each transaction including corresponding total dollar amounts received.

How were the IBTA shares originally acquired by Luke Swanson?

The Class A shares covered by this notice are identified as founders shares, originally acquired on September 19, 2014 from the issuer as compensation, according to the disclosure.

Which broker and exchange are involved in Luke Swanson’s planned IBTA sale?

The planned sale of 200 IBTA Class A shares is to be executed through Fidelity Brokerage Services LLC on the NYSE, with an aggregate market value listed as $7,981.00.

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	200	7981.00	20148602	08/07/2026	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	09/19/2014	Founders Shares	Issuer			200	09/19/2014	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
Luke Swanson 1400 16th Street Suite 600 Denver CO 80202	Class A	06/04/2026	5940	195886.75
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	07/01/2026	5940	208718.80
Brynn F. Swanson 1400 16th Street Suite 600 Denver CO 80202	Class A	07/01/2026	5940	208719.15
Luke Swanson 1400 16th Street Suite 600 Denver CO 80202	Class A	08/03/2026	5940	145361.95
Brynn F. Swanson 1400 16th Street Suite 600 Denver CO 80202	Class A	08/03/2026	5940	145267.00

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)