IBTA (IBTA) Form 144: Two insiders list 5,940 Class A shares each for sale

Rhea-AI Filing Summary

IBTA Class A — proposed resale by insiders via Form 144. The filing lists Class A founder shares originally dated 03/11/2015 and shows proposed sales of 5,940 shares by each of Brynn F. Swanson and Luke Swanson on 06/04/2026. Reported sale proceeds for those rows are $195,886.30 and $195,886.75 respectively. The securities are identified with an NYSE listing in the excerpt.

Insights

Equity Capital Markets Analyst

Routine Form 144 notices by two insiders showing proposed sales of founder Class A shares.

The excerpt lists 5,940 Class A shares for each of Brynn F. Swanson and Luke Swanson with transaction dates of 06/04/2026 and reported values of $195,886.30 and $195,886.75. The shares are described as Founders Shares dated 03/11/2015.

These entries are consistent with routine resale notices; cash‑flow treatment and sale method are not specified in the provided excerpt. Subsequent filings or trade reports would show execution details and any market impact.

Key Figures

Per‑holder shares filed: 5,940 shares Reported proceeds — Brynn F. Swanson: $195,886.30 Reported proceeds — Luke Swanson: $195,886.75 +2 more

5 metrics

Per‑holder shares filed 5,940 shares listed for Brynn F. Swanson and Luke Swanson on 06/04/2026

Reported proceeds — Brynn F. Swanson $195,886.30 value shown on the 06/04/2026 row

Reported proceeds — Luke Swanson $195,886.75 value shown on the 06/04/2026 row

Original security date 03/11/2015 Founders Shares issuance date shown in excerpt

Exchange listing flag NYSE exchange noted in the securities information

Key Terms

Form 144, Founders Shares, Class A

3 terms

Form 144 regulatory

"144: Securities Sold During The Past 3 Months"

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

"Founders Shares | Issuer | 03/11/2015"

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.

Class A financial

"Class A | Fidelity Brokerage Services LLC"

Class A denotes a specific group of a company’s shares that carry a particular set of rights—most commonly different voting power or dividend priority compared with other share classes. Think of it like different seats on a bus where some seats let you steer and others only ride: knowing whether a share is Class A tells investors how much influence they have over company decisions and how returns might be distributed, which affects control and value.

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Available on EDGAR 07/01/2026 - 11:48 AM Accepted by SEC EDGAR 07/01/2026 - 11:47 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	03/11/2015	Founders Shares	Issuer			5940	03/11/2015	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 show about insider sales?

The Form 144 excerpt shows proposed resales of 5,940 Class A shares each by Brynn F. Swanson and Luke Swanson dated 06/04/2026. It reports sale values of $195,886.30 and $195,886.75 for those rows.

Are the shares in the IBTA excerpt founder shares or granted compensation?

The excerpt identifies the securities as Founders Shares with an original date of 03/11/2015 and lists Compensation in the securities description field, matching the filing lines shown.

Which insiders are listed on the IBTA Form 144 excerpt?

The excerpt lists two individuals: Brynn F. Swanson and Luke Swanson, each shown for 5,940 Class A shares with the same transaction date of 06/04/2026.

Does the excerpt state how the shares will be sold or proceeds used?

The provided excerpt does not specify the method of sale or the company's use of proceeds. It lists share counts, dates, and reported dollar amounts but not distribution mechanics or proceeds treatment.