Ibotta (IBTA) CTO Swanson sells 800 shares, retains 483,764 in direct stake
Rhea-AI Filing Summary
Ibotta, Inc. CHIEF TECHNOLOGY OFFICER Luke Roy Swanson reported selling a total of 800 shares of Class A Common Stock on August 7, 2026 at weighted-average prices around $39.90–$39.91 per share, pursuant to a Rule 10b5-1 trading plan established on March 6, 2026. Of these, 200 shares were sold from his direct holdings, leaving 483,764 shares directly held, which include restricted stock units. The remaining 600 shares were sold from indirect holdings through a spouse and a family trust. Additional indirect holdings are reported through an LLC and irrevocable trust structure.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 800 shares
Net Sell
4 txns
Insider
Swanson Luke Roy
Role
CHIEF TECHNOLOGY OFFICER
Sold
800 shs ($32K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2, F3 | 200 | $39.905 | $8K |
| Sale | Class A Common Stock F1, F2, F4 | 400 | $39.9025 | $16K |
| Sale | Class A Common Stock F1, F5 | 200 | $39.90 | $8K |
| holding | Class A Common Stock F6 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 483,764 shares (Direct);
Class A Common Stock — 312,367 shares (Indirect, See footnote)
Footnotes (6)
- 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 6, 2026.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.90 to $39.91 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.
- F3. 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.
- F4. These shares are held by Flat Tops 2024 Trust, of which Reporting Person's spouse is trustee, and Reporting Person's spouse and children are beneficiaries.
- F5. These shares are held by Reporting Person's spouse.
- F6. The shares are held by Flat Tops Ventures, LLC, which is 1% owned by the Reporting Person and 99% owned by the Swanson 2021 Irrevocable Trust for the benefit of the Reporting Person's children.
Key Figures
Total shares sold: 800 shares
Direct shares sold: 200 shares
Indirect shares sold: 600 shares
+4 more
7 metrics
Total shares sold
800 shares
Aggregate Class A Common Stock sales on August 7, 2026
Direct shares sold
200 shares
Directly held Class A shares sold on August 7, 2026
Indirect shares sold
600 shares
Indirect holdings through spouse and trust sold on August 7, 2026
Direct holdings after sale
483,764 shares
Directly held Class A shares remaining, including RSUs, after August 7, 2026 sale
Weighted average sale price range
$39.90–$39.91 per share
Prices for multiple sale transactions on August 7, 2026
10b5-1 plan adoption date
March 6, 2026
Date Swanson established the Rule 10b5-1 trading plan
Flat Tops Ventures, LLC ownership split
1% / 99%
1% owned by Swanson, 99% by Swanson 2021 Irrevocable Trust
Key Terms
Rule 10b5-1 trading plan, restricted stock units, weighted average price, irrevocable trust, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"transactions reflected were effected pursuant to a Rule 10b5-1 trading plan"
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 financial
"Certain of these securities are restricted stock units ("RSUs"). Each RSU represents"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average price financial
"The reported price in Column 4 is a weighted average price."
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.
irrevocable trust financial
"99% owned by the Swanson 2021 Irrevocable Trust for the benefit"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
indirect ownership financial
"ownership_type":"indirect","ownership_code":"I""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Ibotta (IBTA) CTO Luke Roy Swanson report in this Form 4?
Luke Roy Swanson reported sales of 800 shares of Ibotta Class A Common Stock on August 7, 2026. The transactions were executed under a Rule 10b5-1 trading plan and included both direct and indirect holdings.