Ibotta CTO sells 11,880 shares in planned trades
Ibotta, Inc. chief technology officer Luke Roy Swanson reported open-market sales of 11,880 shares of Class A Common Stock on July 1, 2026.
Rhea-AI Filing Summary
Ibotta, Inc. chief technology officer Luke Roy Swanson reported open-market sales of 11,880 shares of Class A Common Stock on July 1, 2026. The shares were sold in multiple transactions at weighted average prices of $35.441 and $34.7739 per share.
The filing states these trades were executed under a Rule 10b5-1 trading plan established on March 6, 2026, indicating they were pre-arranged. Following the transactions, Swanson holds 489,904 shares directly and additional indirect holdings through his spouse and related family entities and trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 11,880 shares
Net Sell
6 txns
Insider
Swanson Luke Roy
Role
CHIEF TECHNOLOGY OFFICER
Sold
11,880 shs ($417K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,699 | $34.7739 | $94K |
| Sale | Class A Common Stock | 3,241 | $35.4409 | $115K |
| Sale | Class A Common Stock | 2,699 | $34.7739 | $94K |
| Sale | Class A Common Stock | 3,241 | $35.441 | $115K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 489,904 shares (Direct);
Class A Common Stock — 524,507 shares (Indirect, See footnote)
Footnotes (7)
- 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 6, 2026.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.175 to $35.165 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.
- F3. 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.
- F4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.18 to $35.94 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. These shares are held by Reporting Person's spouse.
- F6. The shares are held by Flat Tops Ventures, LLC, which is 1% owned by the Reporting Person and 99% owned by the Swanson 2021 Irrevocable Trust for the benefit of the Reporting Person's children.
- F7. These shares are held by Flat Tops 2024 Trust, of which Reporting Person's spouse is trustee, and Reporting Person's spouse and children are beneficiaries.
Key Figures
Total shares sold: 11,880 shares
Sale price tranche 1: $35.441 per share
Sale price tranche 2: $34.7739 per share
+5 more
8 metrics
Total shares sold
11,880 shares
Open-market sales on July 1, 2026
Sale price tranche 1
$35.441 per share
Weighted average price for 3,241-share sale
Sale price tranche 2
$34.7739 per share
Weighted average price for 2,699-share sale
Direct holdings after trades
493,145 shares
Class A Common Stock held directly after July 1, 2026
Indirect holding entry 1
206,000 shares
Indirect Class A holdings with footnote-described entity
Indirect holding entry 2
45,045 shares
Additional indirect Class A holdings with footnote-described entity
Net share direction
-11,880 shares
Net-sell activity in this Form 4
Rule 10b5-1 plan date
March 6, 2026
Date CTO’s trading plan was established
Key Terms
Rule 10b5-1 trading plan, weighted average price, restricted stock units ("RSUs"), Class A Common Stock, +1 more
5 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.
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.
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.
Class A Common Stock financial
"Class A Common Stock transactions and holdings are reported throughout the Form 4 data."
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.
indirect ownership financial
"Entries marked with ownership type "indirect" and nature of ownership "See footnote" reflect family entities and trusts."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Ibotta (IBTA) report for CTO Luke Swanson?
Ibotta’s CTO Luke Roy Swanson reported selling 11,880 shares of Class A Common Stock. The open-market transactions occurred on July 1, 2026, at weighted average prices around the mid-$30s per share, according to the Form 4 filing.
Were the Ibotta (IBTA) CTO stock sales pre-planned under a Rule 10b5-1 plan?
Yes. The Form 4 states the transactions were effected under a Rule 10b5-1 trading plan. This plan was established by Luke Roy Swanson on March 6, 2026, meaning the trades were pre-arranged rather than discretionary on the trade date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
