Ibotta (NYSE: IBTA) CEO trades 15,142 shares under 10b5-1 plan
Rhea-AI Filing Summary
Ibotta, Inc. CEO, President and 10% owner Bryan Leach exercised employee stock options for 15,142 shares of Class A Common Stock at an exercise price of $3.99 per share on July 20–21, 2026, then sold the same number of shares at weighted-average prices around $31–$32 per share. All trades were executed under a Rule 10b5-1 trading plan established on March 5, 2026, with reported prices reflecting weighted averages across individual sales ranging from $30.93 to $32.60 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 15,142 shares ($421K approx. pre-tax spread)
Exercise and Sale
7 txns
Insider
Leach Bryan
Role
CEO AND PRESIDENT
Sold
15,142 shs ($482K)
Approx. gross sale proceeds
$482K
Approx. exercise cost
$60K
Approx. pre-tax spread
$421K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) F1, F6 | 1,050 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1, F2 | 1,050 | $3.99 | $4K |
| Sale | Class A Common Stock F1, F5, F2 | 1,050 | $31.8282 | $33K |
| Exercise | Employee Stock Option (right to buy) F1, F6 | 14,092 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1, F2 | 14,092 | $3.99 | $56K |
| Sale | Class A Common Stock F1, F3, F2 | 7,001 | $31.4392 | $220K |
| Sale | Class A Common Stock F1, F4, F2 | 7,091 | $32.1999 | $228K |
Holdings After Transaction:
Employee Stock Option (right to buy) — 135,341 shares (Direct);
Class A Common Stock — 866,484 shares (Direct)
Footnotes (6)
- 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 $30.93 to $31.925 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 $31.945 to $32.60 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 $31.36 to $32.34 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. All of the shares subject to the option are fully vested and exercisable as of the date hereof.
Key Figures
Shares sold: 15,142 shares
Shares exercised: 15,142 shares
Option exercise price: $3.99 per share
+4 more
7 metrics
Shares sold
15,142 shares
Aggregate Class A shares sold on July 20–21, 2026
Shares exercised
15,142 shares
Shares acquired upon option exercises on July 20–21, 2026
Option exercise price
$3.99 per share
Strike price of employee stock options exercised
Sale price (lot 1)
$31.4392 per share
Weighted-average price for 7,001 shares sold on July 20, 2026
Sale price (lot 2)
$32.1999 per share
Weighted-average price for 7,091 shares sold on July 20, 2026
Sale price (lot 3)
$31.8282 per share
Weighted-average price for 1,050 shares sold on July 21, 2026
Option expiration date
January 16, 2027
Expiration date of exercised employee stock options
Key Terms
Rule 10b5-1 trading plan, restricted stock units ("RSUs"), weighted average price, contingent right
4 terms
Rule 10b5-1 trading plan regulatory
"transactions reflected 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"
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"
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Ibotta (IBTA) CEO Bryan Leach report in this Form 4?
Bryan Leach reported exercising 15,142 stock options at $3.99 per share and selling an equal number of Class A shares at weighted-average prices around $31–$32. All transactions were carried out under a pre-established Rule 10b5-1 trading plan.
What options did Bryan Leach exercise in Ibotta (IBTA)?
He exercised employee stock options for a total of 15,142 shares of Class A Common Stock at an exercise price of $3.99 per share. The options, expiring on January 16, 2027, were reported as fully vested and exercisable at the time of exercise.
Were Bryan Leach’s Ibotta (IBTA) trades made under a Rule 10b5-1 plan?
Yes. A footnote states the transactions were effected under a Rule 10b5-1 trading plan that Leach established on March 5, 2026. The filing’s 10b5‑1 checkbox is also marked, indicating these trades followed a pre-arranged plan rather than ad hoc decisions.
What RSUs are referenced in the Ibotta (IBTA) Form 4 footnotes?
The footnotes explain that certain reported securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Ibotta’s Class A Common Stock, subject to the applicable vesting schedule and other specified conditions.
What is the overall direction of Bryan Leach’s recent Ibotta (IBTA) trading?
The filing shows a net sale position. He exercised options for 15,142 shares and sold the same number of Class A shares, resulting in net-sell shares of 15,142 according to the transaction summary, based on trades dated July 20–21, 2026.