Ibotta director receives 5,988-share RSU award
SONSINI LARRY W reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
SONSINI LARRY W reported acquisition or exercise transactions in this Form 4 filing.
Ibotta, Inc. director Larry W. Sonsini received a grant of 5,988 restricted stock units (RSUs) of Class A Common Stock as an annual director equity award under the company’s Outside Director Compensation Policy. Each RSU represents a right to receive one share, subject to vesting. The RSUs vest fully on the earlier of May 19, 2027 or the day prior to the company’s next annual shareholder meeting, provided he continues to serve through that date. Following this grant, he directly holds 104,814 Class A shares, and 1,569 additional shares are held indirectly by his spouse.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 5,988 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (4)
- F1. The restricted stock units ("RSUs") will vest fully on the earlier of (i) May 19, 2027, or (ii) the day prior to the date of the Issuer's next annual meeting of shareholders, subject to Reporting Person's continuous service through such date.
- F2. This RSU award was issued to the Reporting Person pursuant to Issuer's Outside Director Compensation Policy as an annual director equity grant.
- F3. 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.
- F4. The shares are held by the Reporting Person's spouse.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Outside Director Compensation Policy financial
Class A Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Ibotta (IBTA) director Larry Sonsini receive in this Form 4 filing?
When do Larry Sonsini’s 5,988 Ibotta (IBTA) RSUs vest?
What does each Ibotta (IBTA) RSU granted to Larry Sonsini represent?
Was there a purchase price for Larry Sonsini’s Ibotta (IBTA) RSU grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.