Ibotta CRO reports tax-withheld 9,134-share RSU vest
Ibotta, Inc. Chief Revenue Officer Christopher J. Riedy reported a Form 4 showing a tax-related share withholding, not an open-market sale.
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Rhea-AI Filing Summary
Ibotta, Inc. Chief Revenue Officer Christopher J. Riedy reported a Form 4 showing a tax-related share withholding, not an open-market sale. On the reported date, 9,134 shares of Class A Common Stock were withheld by the company to cover income tax obligations tied to vesting restricted stock units, leaving him with 388,373 shares held directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 9,134 | $24.97 | $228K |
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.
FAQ
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What insider transaction did Ibotta (IBTA) report for Christopher J. Riedy?
What does the F transaction code mean in the Ibotta (IBTA) Form 4?
What are the restricted stock units (RSUs) mentioned in the Ibotta (IBTA) filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.