Clark Jermoluk Fund Reduces Stake in Ibotta Following Recent Price Rally
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Insider Trading Activity: Clark Jermoluk Founders Fund I LLC and James H. Clark, both 10% owners of Ibotta (IBTA), reported multiple sales of Class A Common Stock on June 17-18, 2025:
- June 17: Sold 4,600 shares at avg. price of $39.44 and 400 shares at $40.12
- June 18: Sold 4,100 shares at avg. price of $38.27 and 900 shares at $39.17
- Total disposition: 10,000 shares
Post-transaction, the reporting persons maintain significant holdings: 455,241 shares held indirectly through Monaco Partners LP (controlled by JHC Family 2016 Trust) and 5,419,810 shares held directly through Clark Jermoluk Founders Fund I LLC (95% owned by JHC Trust). Mr. Clark disclaims beneficial ownership except for his pecuniary interest in both entities.
Positive
- None.
Negative
- 10% owner James H. Clark, through affiliated entities, sold 10,000 shares at average prices between $38.27-$40.12, indicating potential insider selling pressure
Insider Trade Summary
Net Seller: 10,000 shares ($389,654)
Net Sell
5 txns
Insider
Clark Jermoluk Founders Fund I LLC, CLARK JAMES H
Role
10% Owner | 10% Owner
Sold
10,000 shs ($390K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 4,100 | $38.2707 | $157K |
| Sale | Class A Common Stock | 900 | $39.1676 | $35K |
| Sale | Class A Common Stock | 4,600 | $39.4443 | $181K |
| Sale | Class A Common Stock | 400 | $40.1228 | $16K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 456,141 shares (Indirect, See footnote);
Class A Common Stock — 5,419,810 shares (Direct)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $39.04 to $40.02 inclusive. The Reporting Person undertakes to provide to 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 securities sold at each separate price within the range set forth in this footnote. The shares are held by Monaco Partners, L.P. ("Monaco Partners"). The general partner of Monaco Partners is Clark Ventures, which is wholly owned by the JHC Family 2016 Trust (the "JHC Trust"). The JHC Trust is an entity controlled by James H. Clark. Mr. Clark disclaims beneficial ownership of the shares held by Monaco Partners, except to the extent of his pecuniary interest therein. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.04 to $40.28 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.9021 to $38.8767 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.93 to $39.4687 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. The shares are held by Clark Jermoluk Founders Fund I LLC, which is 95% owned by the JHC Trust. Mr. Clark disclaims beneficial ownership of the shares held by Clark Jermoluk Founders Fund I LLC, except to the extent of his pecuniary interest therein.
FAQ
What was the price range for IBTA stock sales on June 18, 2025?
On June 18, 2025, IBTA shares were sold in two transactions with different price ranges: 4,100 shares were sold at prices ranging from $37.9021 to $38.8767, and 900 shares were sold at prices ranging from $38.93 to $39.4687.