Ibotta, Inc.·4

May 13, 4:20 PM ET

Lehrman Thomas D 4

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.

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