IBTA Form 4: VP Jared Chomko reports 91-share tax withholding on vested RSUs
Rhea-AI Filing Summary
Jared Chomko, Vice President, Accounting at Ibotta, Inc. (IBTA), reported a routine share withholding related to vested restricted stock units. On 09/01/2025 the filing shows 91 shares of Class A Common Stock were disposed of at a price of $26.94 per share. The filing clarifies these 91 shares were withheld by the issuer to satisfy income tax and withholding obligations tied to the vesting and net settlement of previously reported RSUs. After the transaction, the reporting person beneficially owned 10,527 shares (some of which are outstanding RSUs subject to vesting conditions).
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Insights
TL;DR: Routine tax-withholding on vested RSUs; no new sale or external transfer reported.
This Form 4 documents a non-sale withholding event where the issuer retained 91 shares at $26.94 to satisfy tax obligations arising from RSU vesting. Such transactions are administrative and do not indicate open-market disposition or a change in control over the reporting person's economic interest beyond satisfying tax liabilities. The post-transaction beneficial ownership is reported as 10,527 shares, and the filing explicitly states some holdings remain as RSUs contingent on vesting.
TL;DR: Administrative compliance disclosure; informational for shareholders tracking insider holdings.
The disclosure is consistent with standard Section 16 reporting where companies withhold shares upon vesting to meet withholding obligations. The filer used a power of attorney signature, and the explanation clarifies the nature of the disposition. There is no indication of market-sale activity or new derivative positions. This filing should be viewed as routine insider compensation settlement rather than a signal of material change.