Ibotta (IBTA) director Stephen Bailey awarded 5,988 RSUs as annual equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bailey Stephen reported acquisition or exercise transactions in this Form 4 filing.
Ibotta, Inc. director Stephen Bailey received an equity award in the form of restricted stock units. He was granted 5,988 RSUs, each representing a contingent right to one share of Class A Common Stock. Following this grant, he holds 14,562 shares directly.
The RSUs will fully vest on the earlier of May 19, 2027, or the day prior to Ibotta’s next annual meeting of shareholders, as long as Bailey continues to serve through that date. The award was issued under Ibotta’s Outside Director Compensation Policy as an annual director equity grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bailey Stephen
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 5,988 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 14,562 shares (Direct, null)
Footnotes (1)
- The restricted stock units ("RSUs") will vest fully on the earlier of (i) May 19, 2027, or (ii) the day prior to the date of the Issuer's next annual meeting of shareholders, subject to Reporting Person's continuous service through such date. This RSU award was issued to the Reporting Person pursuant to Issuer's Outside Director Compensation Policy as an annual director equity grant. Certain of these securities are 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.
Key Figures
RSUs granted: 5,988 units
Vesting date: May 19, 2027
Shares after grant: 14,562 shares
+1 more
4 metrics
RSUs granted
5,988 units
Restricted stock unit award to Stephen Bailey
Vesting date
May 19, 2027
Latest possible full vesting date for the RSUs
Shares after grant
14,562 shares
Total Class A Common Stock held directly after award
Grant price per share
$0.00 per share
No cash price paid for RSU grant
Key Terms
restricted stock units ("RSUs"), Outside Director Compensation Policy, annual director equity grant, continuous service
4 terms
restricted stock units ("RSUs") financial
"The restricted stock units ("RSUs") will vest fully on the earlier of"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Outside Director Compensation Policy financial
"issued to the Reporting Person pursuant to Issuer's Outside Director Compensation Policy"
annual director equity grant financial
"as an annual director equity grant"
continuous service financial
"subject to Reporting Person's continuous service through such date"
FAQ
What did Ibotta (IBTA) director Stephen Bailey receive in this Form 4?
Stephen Bailey received 5,988 restricted stock units as an equity grant. Each RSU represents a contingent right to one share of Ibotta Class A Common Stock, awarded under the company’s Outside Director Compensation Policy as an annual director equity grant.
When do Stephen Bailey’s 5,988 Ibotta (IBTA) RSUs vest?
The 5,988 RSUs will fully vest on the earlier of May 19, 2027, or the day before Ibotta’s next annual shareholder meeting. Vesting is conditioned on Bailey’s continuous service with the company through the applicable vesting date.
Was Stephen Bailey’s Ibotta (IBTA) equity award an open-market purchase?
No, the award was not an open-market purchase. It is classified as a grant or award acquisition, given at no cash cost per share under Ibotta’s Outside Director Compensation Policy as part of his annual director equity compensation.
What is an RSU in the context of Ibotta (IBTA) director compensation?
An RSU, or restricted stock unit, is a promise to deliver one share of Ibotta Class A Common Stock in the future. Delivery depends on meeting vesting conditions, such as continued service through a specified vesting date for the director.