STOCK TITAN

Director at Ibotta (NYSE: IBTA) sells 32,383 Class A shares in market trades

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Ibotta, Inc. director Thomas D. Lehrman reported open-market sales totaling 32,383 shares of Class A Common Stock on May 13, 2026, at weighted-average prices within a $32.25–$33.62 per-share range. Following these transactions, he holds 89,064 shares directly, with additional indirect holdings through LFP 2, LLC and Four Ways, LLC.

Positive

  • None.

Negative

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Insider Lehrman Thomas D
Role null
Sold 32,383 shs ($1.05M)
Type Security Shares Price Value
Sale Class A Common Stock 12,349 $32.3369 $399K
Sale Class A Common Stock 314 $33.5774 $11K
Sale Class A Common Stock 11,865 $32.3562 $384K
Sale Class A Common Stock 122 $33.31 $4K
Sale Class A Common Stock 7,655 $32.3563 $248K
Sale Class A Common Stock 78 $33.31 $3K
Holdings After Transaction: Class A Common Stock — 89,064 shares (Direct, null); Class A Common Stock — 81,595 shares (Indirect, See footnote)
Footnotes (1)
  1. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.25 to $33.21 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. 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.522 to $33.62 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. The shares are held by LFP 2, LLC. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.30 to $33.32 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.25 to $33.205 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. The shares are held by Four Ways, LLC.
Shares sold 32,383 shares Aggregate open-market sales on May 13, 2026
Sale price range $32.25–$33.62 per share Weighted-average price ranges from multiple trades
Direct holdings after sale 89,064 shares Class A Common Stock held directly after May 13, 2026
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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
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*
Lehrman Thomas D

(Last)(First)(Middle)
C/O IBOTTA, INC.
1400 16TH STREET, SUITE 600

(Street)
DENVER COLORADO 80202

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Ibotta, Inc. [ IBTA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock05/13/2026S12,349D$32.3369(1)89,064(2)D
Class A Common Stock05/13/2026S314D$33.5774(3)88,750(2)D
Class A Common Stock05/13/2026S11,865D$32.3562(1)81,595(2)ISee footnote(4)
Class A Common Stock05/13/2026S122D$33.31(5)81,473(2)ISee footnote(4)
Class A Common Stock05/13/2026S7,655D$32.3563(6)52,634(2)ISee footnote(7)
Class A Common Stock05/13/2026S78D$33.31(5)52,556(2)ISee footnote(7)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.25 to $33.21 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.
2. 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.
3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.522 to $33.62 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.
4. The shares are held by LFP 2, LLC.
5. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.30 to $33.32 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.
6. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.25 to $33.205 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.
7. The shares are held by Four Ways, LLC.
Remarks:
/s/ David T. Shapiro, by power of attorney05/15/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Ibotta (IBTA) director Thomas D. Lehrman report in this Form 4?

Thomas D. Lehrman reported selling 32,383 shares of Ibotta Class A Common Stock in open-market transactions. The sales occurred on May 13, 2026, and were executed at weighted-average prices within a disclosed price range, as detailed in the filing’s transaction entries and footnotes.

How many Ibotta (IBTA) shares did Lehrman sell and at what prices?

Lehrman reported selling 32,383 shares of Ibotta Class A Common Stock in multiple open-market trades. Footnotes state the weighted-average sale prices came from transactions executed between approximately $32.25 and $33.62 per share, reflecting several separate trades within that price range on the same day.

How many Ibotta (IBTA) shares does Lehrman hold after these transactions?

After the reported May 13, 2026 sales, Lehrman holds 89,064 shares of Ibotta Class A Common Stock directly. The filing also notes additional indirect holdings through entities LFP 2, LLC and Four Ways, LLC, which hold shares referenced in the indirect ownership entries and related footnotes.

Were Lehrman’s Ibotta (IBTA) sales open-market transactions?

Yes, each reported transaction is coded “S” and described as an open-market or private sale of non-derivative Class A Common Stock. The filing also notes that the reported prices are weighted averages for multiple trades executed within specified price ranges during the trading session.

What do the Ibotta (IBTA) Form 4 footnotes say about price ranges?

The footnotes explain that the reported prices are weighted averages for multiple trades. They specify sale price ranges, including $32.25 to $33.21, $33.522 to $33.62, $33.30 to $33.32, and $32.25 to $33.205 per share, and offer to provide detailed breakdowns upon request.

How are LFP 2, LLC and Four Ways, LLC involved in Ibotta (IBTA) holdings?

Footnotes state that certain shares are held by LFP 2, LLC and Four Ways, LLC. These entities appear in connection with indirect ownership entries, indicating that some of Lehrman’s reported Ibotta Class A Common Stock holdings are owned through these LLCs rather than held solely in his direct name.