Ibotta CRO has 12,988 shares withheld for taxes
Ibotta’s Chief Revenue Officer settled tax obligations on RSU vesting via share withholding and continues to hold a substantial direct equity position.
Rhea-AI Filing Summary
Ibotta, Inc. (IBTA) reported that Chief Revenue Officer Christopher J. Riedy had 12,988 shares of Class A Common Stock withheld on September 1, 2026 to pay income tax and withholding obligations related to vesting of previously reported restricted stock units (RSUs). This was not an open-market sale, and he now directly holds 363,387 shares of Class A Common Stock, including RSUs that will settle as they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 12,988 shares
Tax Withholding
1 txn
Insider
Riedy Christopher J
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2 | 12,988 | $37.21 | $483K |
Holdings After Transaction:
Class A Common Stock — 363,387 shares (Direct)
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.
Key Figures
Shares withheld for taxes: 12,988 shares
Per-share value for withholding: $37.21 per share
Shares held after transaction: 363,387 shares
+1 more
4 metrics
Shares withheld for taxes
12,988 shares
Class A Common Stock withheld on September 1, 2026 to satisfy tax and withholding obligations on RSU vesting
Per-share value for withholding
$37.21 per share
Value used for the 12,988 withheld shares in the tax-withholding transaction
Shares held after transaction
363,387 shares
Direct holdings of Ibotta Class A Common Stock by Christopher J. Riedy after the September 1, 2026 transaction, including RSUs
Shares used for exercise price or tax liability transactions
12,988 shares
Total shares reported in this Form 4 as delivered or withheld for payment of tax liability
Key Terms
restricted stock units ("RSUs"), net settlement, income tax and withholding and remittance obligations
3 terms
restricted stock units ("RSUs") financial
"represents shares that have been withheld ... in connection with the vesting and net settlement of previously reported 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.
net settlement financial
"obligations in connection with the vesting and net settlement of previously reported restricted stock units"
income tax and withholding and remittance obligations financial
"withheld by the Issuer to satisfy its income tax and withholding and remittance obligations"
FAQ
What insider transaction did Ibotta (IBTA) disclose for Christopher J. Riedy?
Ibotta disclosed that Chief Revenue Officer Christopher J. Riedy had 12,988 shares of Class A Common Stock withheld on September 1, 2026 to satisfy tax and withholding obligations from vested RSUs. The filing states this transaction is not a sale of shares.
Were Ibotta (IBTA) RSUs involved in this insider transaction?
Yes. The transaction relates to vesting and net settlement of previously reported restricted stock units (RSUs). A footnote explains that certain reported securities are RSUs, and each RSU represents a contingent right to receive one share of Class A Common Stock, subject to vesting conditions.
Was the Ibotta (IBTA) Form 4 transaction made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not selected, and the footnotes describe the event as shares withheld to satisfy tax and withholding obligations on vesting RSUs, not a discretionary trade under a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.