Ibotta officer reports RSU tax share withholding
Ibotta, Inc. Chief Business Development Officer Amir El Tabib reported a Form 4 transaction involving 4,394 shares of Class A Common Stock at $24.97 per share.
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Rhea-AI Filing Summary
Ibotta, Inc. Chief Business Development Officer Amir El Tabib reported a Form 4 transaction involving 4,394 shares of Class A Common Stock at $24.97 per share. According to the filing, these shares were withheld by the company to cover income tax obligations from vesting RSUs, not sold on the open market. After this tax-withholding disposition, El Tabib directly owned 207,573 shares of Ibotta Class A Common Stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 4,394 | $24.97 | $110K |
Footnotes (2)
- F1. This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the vesting and net settlement of previously reported restricted stock units ("RSUs").
- F2. 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.
FAQ
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What insider transaction did Ibotta (IBTA) report for Amir El Tabib?
What do the RSU footnotes in the Ibotta (IBTA) Form 4 explain?
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