[Form 4] Ibotta, Inc. Insider Trading Activity
Marisa Daspit, Chief People Officer of Ibotta, Inc. (IBTA), reported an insider sale. On 09/05/2025 she sold 2,956 shares of Class A common stock at $26.94 per share under a Rule 10b5-1 trading plan established May 29, 2025. After the sale she beneficially owned 52,132 shares, some of which are restricted stock units (RSUs) that convert to Class A shares subject to vesting conditions. The Form 4 was signed by power of attorney on 09/09/2025.
- Transaction executed under a Rule 10b5-1 plan, indicating pre-scheduled trading and reduced likelihood of opportunistic timing
- Full disclosure of RSUs in beneficial ownership clarifies that part of the holding is subject to vesting conditions
- Officer sold shares (2,956 shares), which represents a reduction in insider holdings
- No additional context provided about the purpose of the sale beyond the 10b5-1 plan
Insights
TL;DR: Routine insider sale under a 10b5-1 plan; transparency is maintained and the transaction appears scheduled.
The filing shows an officer-initiated sale of 2,956 Class A shares at $26.94 per share executed under a pre-established Rule 10b5-1 trading plan dated May 29, 2025. The reporting person remains a meaningful holder with 52,132 shares, including RSUs subject to vesting. For investors, this is a disclosure of insider liquidity rather than a change in control or a company-level event. No derivative transactions or amendments are reported.
TL;DR: Governance practices followed; 10b5-1 plan reduces questions about timing.
The report identifies the transaction as occurring pursuant to a Rule 10b5-1 plan, which is a common governance mechanism to avoid allegations of opportunistic trading. The presence of RSUs in the reported beneficial ownership is noted and appropriately disclosed. There are no indications of unusual or ad hoc trading in this filing.