Ibotta, Inc.·4

May 13, 4:20 PM ET

Lehrman Thomas D 4

4 · Ibotta, Inc. · Filed May 13, 2026

Research Summary

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Updated

Ibotta (IBTA) Director Thomas D. Lehrman Sells 25,854 Shares

What Happened

  • Thomas D. Lehrman, a director of Ibotta, sold a total of 25,854 shares in open-market transactions on May 11–12, 2026, for aggregate proceeds of about $860,270. The filing breaks the sales into four transactions: 10,000 shares on 2026-05-11 at a reported weighted-average $33.52 ($335,171); and on 2026-05-12: 4,862 shares at $33.61 ($163,397), 6,682 shares at $32.91 ($219,878), and 4,310 shares at $32.91 ($141,824). These are outright sales (code S) rather than purchases or option exercises.

Key Details

  • Transaction dates & reported prices:
    • 2026-05-11: 10,000 shares @ $33.52 (weighted average; per footnote sold in multiple trades at $33.50–$33.725)
    • 2026-05-12: 4,862 shares @ $33.61 (weighted average; footnote shows some trades ranged $33.50–$34.40)
    • 2026-05-12: 6,682 shares @ $32.91 (weighted average; footnote shows range $32.75–$33.685)
    • 2026-05-12: 4,310 shares @ $32.91 (same range as above)
  • Shares owned after transaction: Not stated in the excerpt of the filing provided.
  • Notable footnotes: some reported prices are weighted averages across multiple trade prices (further breakdown available on request); certain securities referenced are restricted stock units (RSUs); some shares are held via entities (LFP 2, LLC and Four Ways, LLC). Exhibit 24 (Power of Attorney) is attached.
  • Filing timeliness: Form filed on 2026-05-13 for transactions on 2026-05-11 and 05-12; filing appears timely based on the reported dates.

Context

  • The filing notes RSUs (restricted stock units) in footnotes — RSUs represent the right to receive shares if vesting conditions are met; sales tied to RSUs are often related to vesting or tax-management rather than a directional view. The sales here were open-market disposals rather than option exercises or gifts. No buying activity was reported in this filing.

Insider Transaction Report

Form 4
Period: 2026-05-11
Transactions
  • Sale

    Class A Common Stock

    [F1][F2]
    2026-05-11$33.52/sh10,000$335,171106,275 total
  • Sale

    Class A Common Stock

    [F3][F2]
    2026-05-12$33.61/sh4,862$163,397101,413 total
  • Sale

    Class A Common Stock

    [F4][F2][F5]
    2026-05-12$32.91/sh6,682$219,87893,460 total(indirect: See footnote)
  • Sale

    Class A Common Stock

    [F4][F2][F6]
    2026-05-12$32.91/sh4,310$141,82460,289 total(indirect: See footnote)
Footnotes (6)
  • [F1]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.50 to $33.725 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.
  • [F2]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.
  • [F3]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.50 to $34.40 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.
  • [F4]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.75 to $33.685 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.
  • [F5]The shares are held by LFP 2, LLC.
  • [F6]The shares are held by Four Ways, LLC.
Signature
/s/ David T. Shapiro, by power of attorney|2026-05-13

Documents

3 files