[Form 4] Ibotta, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Ibotta, Inc. (IBTA) reported an equity transaction by its Chief Legal Officer on a Form 4. On November 17, 2025, the officer acquired 415 shares of Ibotta’s Class A Common Stock at a price of $22.58 per share through the company’s 2024 Employee Stock Purchase Plan (ESPP) for the purchase period from May 15, 2025 through November 17, 2025. After this transaction, the officer beneficially owned 65,862 shares, which include restricted stock units that each represent a contingent right to receive one share of Class A Common Stock, subject to vesting conditions.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Shapiro David T

(Last) (First) (Middle)

C/O IBOTTA, INC.

1400 16TH STREET, SUITE 600

(Street)

DENVER CO 80202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Ibotta, Inc. [ IBTA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF LEGAL OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
11/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock(1)	11/17/2025(2)		A		415	A	$22.58	65,862(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reporting person is voluntarily reporting the acquisition of shares of the issuer's Class A Common Stock pursuant to the Ibotta, Inc. 2024 Employee Stock Purchase Plan (the "ESPP"), for the ESPP purchase period of May 15, 2025 through November 17, 2025. This transaction is also exempt pursuant to Rule 16b-3(c) promulgated pursuant to the Securities Exchange Act of 1934.

2. The relevant Offering Period (as defined in the ESPP) ended, and the shares were acquired on the Exercise Date (as defined in the ESPP) of November 17, 2025.

3. Certain of these securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.

Remarks:

	/s/ David T. Shapiro	11/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Ibotta, Inc. (IBTA) disclose in this Form 4?

The filing reports that Ibotta’s Chief Legal Officer acquired 415 shares of Class A Common Stock on November 17, 2025 through the company’s 2024 Employee Stock Purchase Plan (ESPP).

At what price were the Ibotta (IBTA) shares acquired in the ESPP transaction?

The 415 shares of Ibotta’s Class A Common Stock were acquired at a price of $22.58 per share under the ESPP.

How many Ibotta (IBTA) shares does the reporting person own after this transaction?

Following the reported transaction, the Chief Legal Officer beneficially owned 65,862 shares of Ibotta’s Class A Common Stock, which includes certain restricted stock units (RSUs).

What is the source of the acquired Ibotta (IBTA) shares in this Form 4?

The shares were acquired pursuant to the Ibotta, Inc. 2024 Employee Stock Purchase Plan for the ESPP purchase period from May 15, 2025 through November 17, 2025.

Are any of the Ibotta (IBTA) securities held by the insider restricted stock units (RSUs)?

Yes. The filing notes that certain of the beneficially owned securities are restricted stock units (RSUs), each representing a contingent right to receive one share of Class A Common Stock, subject to vesting conditions.

Was the reported Ibotta (IBTA) ESPP transaction exempt under securities rules?

The transaction is described as exempt pursuant to Rule 16b-3(c) under the Securities Exchange Act of 1934.

Which officer of Ibotta (IBTA) filed this Form 4?

The reporting person is an officer of Ibotta, serving as Chief Legal Officer, who filed the Form 4 as a single reporting person.