Ibotta, Inc. (IBTA) CTO sells Class A stock under Rule 10b5-1 plan
Rhea-AI Filing Summary
Ibotta, Inc. chief technology officer Luke Roy Swanson reported selling 11,880 shares of Class A Common Stock on August 3, 2026. The sales occurred in four open-market transactions at weighted-average prices with ranges between $24.05 and $25.23 per share, executed under a Rule 10b5-1 trading plan adopted on March 6, 2026. Some shares were sold from Swanson’s direct holdings and others from shares held by his spouse.
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Insider Trade Summary 10b5-1
Net Seller: 11,880 shares
Net Sell
6 txns
Insider
Swanson Luke Roy
Role
CHIEF TECHNOLOGY OFFICER
Sold
11,880 shs ($291K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2, F3 | 5,814 | $24.4577 | $142K |
| Sale | Class A Common Stock F1, F4, F3 | 126 | $25.1165 | $3K |
| Sale | Class A Common Stock F1, F5, F6 | 5,814 | $24.4414 | $142K |
| Sale | Class A Common Stock F1, F4, F6 | 126 | $25.1165 | $3K |
| holding | Class A Common Stock F7 | -- | -- | -- |
| holding | Class A Common Stock F8 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 483,964 shares (Direct);
Class A Common Stock — 518,567 shares (Indirect, See footnote)
Footnotes (8)
- F1. The transactions reflected on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan established by the Reporting Person on March 6, 2026.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.05 to $24.95 per share. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F3. 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.
- F4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.09 to $25.23 per share. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F5. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.05 to $24.93 per share. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F6. These shares are held by Reporting Person's spouse.
- F7. The shares are held by Flat Tops Ventures, LLC, which is 1% owned by the Reporting Person and 99% owned by the Swanson 2021 Irrevocable Trust for the benefit of the Reporting Person's children.
- F8. These shares are held by Flat Tops 2024 Trust, of which Reporting Person's spouse is trustee, and Reporting Person's spouse and children are beneficiaries.
Key Figures
Shares sold: 11,880 shares
Direct sale weighted-average range: $24.05–$24.95 per share
Higher-price sale range: $25.09–$25.23 per share
+2 more
5 metrics
Shares sold
11,880 shares
Aggregate Class A Common Stock sales on August 3, 2026
Direct sale weighted-average range
$24.05–$24.95 per share
Price range for 5,814 directly held shares sold, as described in a footnote
Higher-price sale range
$25.09–$25.23 per share
Weighted-average price range for 126-share sales noted in footnote
Spouse-held sale range
$24.05–$24.93 per share
Weighted-average price range for 5,814 spouse-held shares sold
Trading plan adoption date
March 6, 2026
Date Swanson established the Rule 10b5-1 trading plan governing these trades
Key Terms
Rule 10b5-1 trading plan, weighted average price, restricted stock units ("RSUs"), Irrevocable Trust
4 terms
Rule 10b5-1 trading plan regulatory
"transactions were effected pursuant to a Rule 10b5-1 trading plan established"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock units ("RSUs") financial
"Certain of these securities are restricted stock units ("RSUs")."
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.
Irrevocable Trust financial
"owned by the Swanson 2021 Irrevocable Trust for the benefit"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Ibotta (IBTA) CTO Luke Swanson report in this Form 4?
Luke Swanson reported open-market sales of 11,880 shares of Ibotta Class A Common Stock on August 3, 2026. The transactions were executed in four blocks and are described as routine sales of non-derivative equity under a pre-established trading plan.
Were Luke Swanson’s Ibotta (IBTA) stock sales made under a Rule 10b5-1 plan?
Yes. A footnote explains the transactions were effected under a Rule 10b5-1 trading plan that Swanson established on March 6, 2026. This plan-based structure indicates the trades followed a pre-arranged schedule rather than discretionary same-day decisions.
What other indirect Ibotta (IBTA) holdings are disclosed for Luke Swanson?
The filing notes additional indirect holdings through Flat Tops Ventures, LLC, mostly owned by the Swanson 2021 Irrevocable Trust, and through Flat Tops 2024 Trust, where Swanson’s spouse is trustee and the spouse and children are beneficiaries, without specifying share counts.
Does Luke Swanson hold Ibotta (IBTA) restricted stock units (RSUs)?
Yes. A footnote states that certain of Swanson’s securities are restricted stock units (RSUs), each representing a contingent right to receive one share of Ibotta Class A Common Stock, subject to applicable vesting schedules and conditions tied to each RSU award.