Ibotta, Inc. (NYSE: IBTA) CEO sells 95,030 shares under 10b5-1 plan
Rhea-AI Filing Summary
Ibotta, Inc. director, CEO and 10% owner Bryan Leach exercised options and converted Class B into a total of 95,030 shares of Class A Common Stock on August 3–4, 2026, then reported selling 95,030 Class A shares at various weighted-average prices under a Rule 10b5-1 trading plan established on March 5, 2026.
He continues to hold Class B shares convertible 1‑for‑1 into Class A, including 2,208,424 underlying Class A shares held directly and 289,500 underlying Class A shares through each of two spouse‑managed trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
22 txns
Insider
Leach Bryan
Role
CEO AND PRESIDENT
Sold
95,030 shs ($3.26M)
Approx. gross sale proceeds
$3.26M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) F1, F14 | 57,132 | $0.00 | $0.00 |
| Conversion | Class B Common Stock F15, F1, F9 | 11,378 | $0.00 | $0.00 |
| Conversion | Class B Common Stock F15, F1, F11 | 11,378 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1, F2 | 57,132 | $3.99 | $228K |
| Sale | Class A Common Stock F1, F5, F2 | 21,757 | $35.6616 | $776K |
| Sale | Class A Common Stock F1, F6, F2 | 32,693 | $36.3582 | $1.19M |
| Sale | Class A Common Stock F1, F7, F2 | 2,682 | $37.4143 | $100K |
| Conversion | Class A Common Stock F1, F8, F9 | 11,378 | $0.00 | $0.00 |
| Sale | Class A Common Stock F1, F5, F9 | 4,316 | $35.6566 | $154K |
| Sale | Class A Common Stock F1, F6, F9 | 6,522 | $36.3588 | $237K |
| Sale | Class A Common Stock F1, F7, F9 | 540 | $37.4133 | $20K |
| Conversion | Class A Common Stock F1, F10, F11 | 11,378 | $0.00 | $0.00 |
| Sale | Class A Common Stock F1, F12, F11 | 4,403 | $35.671 | $157K |
| Sale | Class A Common Stock F1, F13, F11 | 6,446 | $36.3602 | $234K |
| Sale | Class A Common Stock F1, F7, F11 | 529 | $37.4141 | $20K |
| Exercise | Employee Stock Option (right to buy) F1, F14 | 15,142 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1, F2 | 15,142 | $3.99 | $60K |
| Sale | Class A Common Stock F1, F3, F2 | 14,380 | $24.3943 | $351K |
| Sale | Class A Common Stock F1, F4, F2 | 762 | $25.1652 | $19K |
| holding | Class B Common Stock F15 | -- | -- | -- |
| holding | Class B Common Stock F15, F16 | -- | -- | -- |
| holding | Class B Common Stock F15, F17 | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 63,067 shares (Direct);
Class B Common Stock — 789,832 shares (Indirect, See footnote);
Class A Common Stock — 866,484 shares (Direct);
Class A Common Stock — 0 shares (Indirect, See footnote);
Class B Common Stock — 2,208,424 shares (Direct)
Footnotes (17)
- 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 5, 2026.
- F2. 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.
- F3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.99 to $24.9425 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.
- F4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.02 to $25.2475 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 $35.00 to $36.00 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.0025 to $36.98 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.
- F7. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.03 to $37.875 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.
- F8. The Elysian 2024 GST Trust u/a/d/ March 20, 2024, converted 11,378 shares of Class B Common Stock into a like number of shares of Class A Common Stock.
- F9. By Spouse as Trustee for the Elysian 2024 GST Trust u/a/d March 20, 2024.
- F10. The Orion 2024 GST Trust u/a/d/ March 20, 2024, converted 11,378 shares of Class B Common Stock into a like number of shares of Class A Common Stock.
- F11. By Spouse as Trustee for the Orion 2024 GST Trust u/a/d March 20, 2024.
- F12. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.0175 to $36.015 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.
- F13. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.02 to $36.98 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.
- F14. All of the shares subject to the option are fully vested and exercisable as of the date hereof.
- F15. Shares of Class B Common Stock are convertible into shares of Class A Common Stock on a 1-for-1 basis at no cost, at any time, at the election of the holder.
- F16. By Spouse as Trustee for the Elysian 2021 Legacy Trust u/a/d May 11, 2021.
- F17. By Spouse as Trustee for the Orion 2021 Legacy Trust u/a/d May 11, 2021.
Key Figures
Class A shares sold: 95,030 shares
Class A from exercises/conversions: 95,030 shares
Option exercise price: $3.9900 per share
+5 more
8 metrics
Class A shares sold
95,030 shares
Aggregate Class A shares sold on August 3–4, 2026
Class A from exercises/conversions
95,030 shares
Total Class A shares acquired via option exercises and Class B conversions
Option exercise price
$3.9900 per share
Exercise price for Employee Stock Options exercised on August 3–4, 2026
Weighted-average sale price example
$24.3943 per share
Weighted-average price for 14,380 Class A shares sold on August 3, 2026
Weighted-average sale price example
$35.6616 per share
Weighted-average price for 21,757 Class A shares sold on August 4, 2026
Class B underlying shares (direct)
2,208,424 shares
Class B shares held directly, convertible into Class A on a 1-for-1 basis
Class B underlying shares (indirect trust 1)
289,500 shares
Class B shares held indirectly via a spouse‑managed trust, convertible into Class A
Class B underlying shares (indirect trust 2)
289,500 shares
Additional Class B shares held indirectly via a second spouse‑managed trust
Key Terms
Rule 10b5-1 trading plan, restricted stock units ("RSUs"), weighted average price, Class B Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"The transactions reflected on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
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.
restricted stock units ("RSUs") financial
"Certain of these securities are restricted stock units ("RSUs"). Each RSU represents a contingent right"
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.
weighted average price financial
"The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions"
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.
Class B Common Stock market
"Shares of Class B Common Stock are convertible into shares of Class A Common Stock on a 1-for-1 basis"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did Ibotta (IBTA) report for CEO Bryan Leach on August 3–4, 2026?
Bryan Leach exercised and converted derivatives into 95,030 Class A shares and sold 95,030 Class A shares in multiple weighted‑average price transactions on August 3–4, 2026, with all trades executed under a Rule 10b5-1 trading plan.
Were the recent Ibotta (IBTA) insider transactions by the CEO under a Rule 10b5-1 plan?
Yes. A footnote states all reported transactions were effected pursuant to a Rule 10b5-1 trading plan established by Bryan Leach on March 5, 2026, indicating the trades followed a pre‑arranged schedule rather than discretionary timing.
What options did the Ibotta (IBTA) CEO exercise in these transactions?
He exercised Employee Stock Options covering 57,132 and 15,142 underlying Class A shares at an exercise price of $3.9900 per share. A footnote notes that all shares subject to the option were fully vested and exercisable as of the transaction dates.
What role do family trusts play in the recent Ibotta (IBTA) insider transactions?
Some conversions and sales involved GST and legacy trusts for which the CEO’s spouse serves as trustee. These trusts converted Class B into Class A and sold Class A shares, and are reported as indirect holdings attributable to the reporting person.