Ibotta (IBTA) officer has 4,394 shares withheld for RSU tax, holds 204,211
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
El Tabib Amir
Role
Chief Business Dev. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 4,394 | $34.25 | $150K |
Holdings After Transaction:
Class A Common Stock — 204,211 shares (Direct, null)
Footnotes (1)
- 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"). 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
Shares withheld for tax: 4,394 shares
Tax withholding price: $34.25 per share
Shares held after transaction: 204,211 shares
+1 more
4 metrics
Shares withheld for tax
4,394 shares
Tax-withholding disposition on Class A Common Stock
Tax withholding price
$34.25 per share
Valuation price for 4,394 withheld shares
Shares held after transaction
204,211 shares
Direct holdings following tax-withholding disposition
Tax-withholding share count
4,394 shares
Matches taxWithholdingShares in transaction summary
Key Terms
restricted stock units ("RSUs"), net settlement, withheld by the Issuer
3 terms
restricted stock units ("RSUs") financial
"previously reported restricted stock units ("RSUs")."
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.
net settlement financial
"in connection with the vesting and net settlement of previously reported restricted stock units"
withheld by the Issuer financial
"represents shares that have been withheld by the Issuer to satisfy its income tax"
FAQ
What did Ibotta (IBTA) officer Amir El Tabib report on this Form 4?
Amir El Tabib reported a tax-related share disposition, where 4,394 Ibotta Class A shares were withheld by the company to satisfy income tax obligations from vesting restricted stock units, leaving him with 204,211 shares held directly.
How are restricted stock units (RSUs) described in this Ibotta (IBTA) filing?
The filing explains that certain securities are RSUs, each representing a contingent right to receive one share of Ibotta Class A Common Stock, subject to the specific vesting schedule and conditions attached to each RSU award.