Ibotta (IBTA) CEO sells 15,142 shares under 10b5-1 trading plan
Rhea-AI Filing Summary
Ibotta, Inc. CEO Bryan Leach reported option exercises paired with open-market sales of Class A Common Stock. On June 22 and 23, 2026, he exercised employee stock options for a total of 15,142 shares at $3.99 per share and sold the same number of shares in open-market transactions at weighted average prices of $30.5619 and $30.3146.
The filing notes that these transactions were effected under a Rule 10b5-1 trading plan established by Leach, and all option shares involved were fully vested and exercisable. Following the transactions, he continues to hold 866,484 shares of Class A Common Stock directly, and 181,704 option shares remain outstanding under the referenced employee stock option.
Positive
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Negative
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Insider Trade Summary 10b5-1
Exercise and Sale: 15,142 shares ($401K approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
Leach Bryan
Role
CEO AND PRESIDENT
Sold
15,142 shs ($462K)
Approx. gross sale proceeds
$462K
Approx. exercise cost
$60K
Approx. pre-tax spread
$401K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 3,955 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,955 | $3.99 | $16K |
| Sale | Class A Common Stock | 3,955 | $30.3146 | $120K |
| Exercise | Employee Stock Option (right to buy) | 11,187 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 11,187 | $3.99 | $45K |
| Sale | Class A Common Stock | 11,187 | $30.5619 | $342K |
Holdings After Transaction:
Employee Stock Option (right to buy) — 181,704 shares (Direct);
Class A Common Stock — 866,484 shares (Direct)
Footnotes (5)
- 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 $30.13 to $31.02 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 $30.01 to $30.95 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. All of the shares subject to the option are fully vested and exercisable as of the date hereof.
Key Figures
Shares sold June 22, 2026: 11,187 shares at $30.5619
Shares sold June 23, 2026: 3,955 shares at $30.3146
Total shares sold: 15,142 shares
+4 more
7 metrics
Shares sold June 22, 2026
11,187 shares at $30.5619
Open-market sale of Class A Common Stock
Shares sold June 23, 2026
3,955 shares at $30.3146
Open-market sale of Class A Common Stock
Total shares sold
15,142 shares
Net open-market sales across both days
Options exercised
15,142 shares at $3.99
Employee stock option exercises into Class A shares
Shares held after transactions
866,484 shares
Direct Class A Common Stock ownership post-transactions
Remaining option position
181,704 option shares
Employee stock option balance after June 23, 2026 exercise
Option expiration date
January 16, 2027
Employee stock option referencing the exercised shares
Key Terms
Rule 10b5-1 trading plan, restricted stock units ("RSUs"), weighted average price, Employee Stock Option (right to buy), +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 established by the Reporting Person"
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 a contingent right to receive one share"
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 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.
Employee Stock Option (right to buy) financial
"security_title": "Employee Stock Option (right to buy)""
Class A Common Stock financial
"security_title": "Class A Common Stock""
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.
FAQ
What insider activity did Ibotta (IBTA) report for CEO Bryan Leach?
Ibotta’s CEO Bryan Leach exercised employee stock options and sold shares in open-market trades. He exercised 15,142 options at $3.99 per share, then sold the same number of Class A shares in transactions on June 22 and 23, 2026.
What options did the Ibotta (IBTA) CEO exercise and what is the strike price?
Bryan Leach exercised employee stock options covering 15,142 underlying Ibotta Class A shares. The options have a conversion or exercise price of $3.99 per share and an expiration date of January 16, 2027, with all option shares fully vested and exercisable.
How were the Ibotta (IBTA) CEO’s sale prices described in the Form 4?
The Form 4 reports weighted average sale prices for the CEO’s transactions. It notes that shares were sold in multiple trades, with price ranges from $30.13 to $31.02 and from $30.01 to $30.95 per share, and detailed breakdowns are available on request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
