Ibotta officer reports tax-withheld 4,394 shares
Ibotta, Inc. Chief Business Development Officer Amir El Tabib reported a routine share withholding related to equity compensation.
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Rhea-AI Filing Summary
Ibotta, Inc. Chief Business Development Officer Amir El Tabib reported a routine share withholding related to equity compensation. On this Form 4, 4,394 shares of Class A Common Stock were disposed of at $34.25 per share to cover income tax obligations tied to the vesting and net settlement of previously reported restricted stock units, as noted in the footnotes. This was not an open-market sale of shares by the insider. After this tax-withholding disposition, El Tabib holds 204,211 shares of Class A Common Stock directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 4,394 | $34.25 | $150K |
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.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
net settlement financial
withheld by the Issuer financial
FAQ
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What did Ibotta (IBTA) officer Amir El Tabib report on this Form 4?
How are restricted stock units (RSUs) described in this Ibotta (IBTA) filing?
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