Ibotta (NYSE: IBTA) CRO has 11,998 shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ibotta, Inc. Chief Revenue Officer Christopher J. Riedy reported a tax-related share disposition involving the company’s Class A Common Stock. On June 1, 2026, 11,998 shares were withheld at $34.25 per share to cover income tax and withholding obligations tied to the vesting and net settlement of previously reported restricted stock units (RSUs). This event is explicitly described as not a sale of shares by the executive. After the withholding, Riedy directly holds 376,375 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Riedy Christopher J
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 11,998 | $34.25 | $411K |
Holdings After Transaction:
Class A Common Stock — 376,375 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
Tax-withheld shares: 11,998 shares
Withholding price: $34.25 per share
Post-transaction holdings: 376,375 shares
+2 more
5 metrics
Tax-withheld shares
11,998 shares
Class A Common Stock withheld for tax obligations on RSU vesting
Withholding price
$34.25 per share
Value per share used in tax-withholding disposition
Post-transaction holdings
376,375 shares
Class A Common Stock directly held after transaction
Tax-withholding count
1 transaction
Number of tax-withholding dispositions in this Form 4
Tax-withholding shares total
11,998 shares
Total shares reported as tax-withholding in transaction summary
Key Terms
tax-withholding disposition, restricted stock units ("RSUs"), net settlement, contingent right
4 terms
tax-withholding disposition financial
"this represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock units ("RSUs") financial
"in connection with the vesting and net settlement of 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 ("RSUs")"
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock"
FAQ
What insider transaction did Ibotta (IBTA) disclose for Christopher J. Riedy?
Ibotta disclosed that Chief Revenue Officer Christopher J. Riedy had 11,998 Class A Common Stock shares withheld to cover taxes on vesting RSUs. This was reported as a tax-withholding disposition, not an open-market sale of shares.
What are RSUs mentioned in the Ibotta (IBTA) Form 4 footnotes?
The footnotes explain that certain securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Ibotta’s Class A Common Stock, subject to the specific vesting schedule and conditions attached to each RSU grant.