Ibotta, Inc.·4

May 19, 4:31 PM ET

Lehrman Thomas D 4

Research Summary

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Ibotta (IBTA) Director Thomas D. Lehrman Sells Shares

What Happened
Director Thomas D. Lehrman sold a total of 75,907 shares of Ibotta Class A common stock in multiple open‑market transactions on May 15 and May 18, 2026. The sales were reported on a Form 4 filed May 19, 2026. The individual lots and reported (weighted‑average) prices/values were: 25,818 @ $30.79 for $794,859; 182 @ $31.59 for $5,750; 18,307 @ $30.78 for $563,462; 12,025 @ $32.11 for $386,078; 11,812 @ $30.78 for $363,556; and 7,763 @ $32.11 for $249,242 — aggregate proceeds ≈ $2.36M. All transactions are coded as sales (S).

Key Details

  • Transaction dates: May 15, 2026 and May 18, 2026; Form 4 filed May 19, 2026 (timely filing).
  • Total shares sold: 75,907; total proceeds ≈ $2,362,947.
  • Reported prices are weighted averages; filing footnotes show transaction price ranges across the lots (e.g., ~$30.50–$31.375, $31.56–$31.64, $32.00–$32.36). The filer offers to provide exact per‑trade details on request.
  • Some sold shares were restricted stock units (RSUs) that vest into common shares per the filing. Other shares were held through entities (LFP 2, LLC and Four Ways, LLC) per the filing footnotes.
  • Shares owned after the transactions are not specified in the excerpt provided.
  • Transaction code: S = Sale. No 10b5‑1 plan or late filing was indicated in the provided information.

Context
These were open‑market sales by a company director. Sales do not necessarily indicate negative views by insiders (they can be for diversification, tax, or personal reasons); purchases are generally considered a stronger signal of insider conviction.