Small share sale by Ibotta founder leaves 10% holding intact
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ibotta (NYSE: IBTA) filed a Form 4 disclosing two routine open-market sales totaling 10,000 Class A shares by 10% owner James H. Clark via Clark Jermoluk Founders Fund I LLC on 24-25 June 2025 at weighted-average prices of $38.34 and $38.43.
Post-sale, the reporting persons still own about 5.86 million shares, maintaining their >10% stake. No derivative activity or other material changes were reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($383,850)
Net Sell
3 txns
Insider
Clark Jermoluk Founders Fund I LLC, CLARK JAMES H
Role
10% Owner | 10% Owner
Sold
10,000 shs ($384K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 5,000 | $38.4271 | $192K |
| Sale | Class A Common Stock | 5,000 | $38.3428 | $192K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 435,241 shares (Indirect, See footnote);
Class A Common Stock — 5,419,810 shares (Direct)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $37.78 to $38.75 inclusive. The Reporting Person undertakes to provide to 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 securities sold at each separate price within the range set forth in this footnote. The shares are held by Monaco Partners, L.P. ("Monaco Partners"). The general partner of Monaco Partners is Clark Ventures, which is wholly owned by the JHC Family 2016 Trust (the "JHC Trust"). The JHC Trust is an entity controlled by James H. Clark. Mr. Clark disclaims beneficial ownership of the shares held by Monaco Partners, except to the extent of his pecuniary interest therein. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.965 to $38.85 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. The shares are held by Clark Jermoluk Founders Fund I LLC, which is 95% owned by the JHC Trust. Mr. Clark disclaims beneficial ownership of the shares held by Clark Jermoluk Founders Fund I LLC, except to the extent of his pecuniary interest therein.
FAQ
What is James H. Clark’s remaining ownership in IBTA?
After the trades, the reporting persons still beneficially own about 5.86 million shares, keeping a >10% position.
Were any derivative securities involved in this Form 4?
No. The filing reports only sales of common stock; no options or other derivatives were listed.