Bailey Stephen 4
Research Summary
AI-generated summary
Ibotta (IBTA) Director Bailey Stephen Receives RSU Award
What Happened Bailey Stephen, a director of Ibotta, Inc. (IBTA), was granted 5,988 restricted stock units (RSUs) on May 19, 2026. The award was recorded as an acquisition at $0.00 (no cash paid). These RSUs are a contingent right to receive one share of Class A common stock per RSU upon vesting; they do not represent immediately tradable shares.
Key Details
- Transaction date: 2026-05-19; Filing date: 2026-05-21.
- Grant: 5,988 RSUs granted at $0.00 (acquisition value $0).
- Vesting: Fully vests on the earlier of (i) May 19, 2027, or (ii) the day prior to the issuer’s next annual meeting of shareholders, subject to continued service. (Footnote F1)
- Grant type: Annual outside director equity award under the Issuer's Outside Director Compensation Policy. (F2)
- RSU mechanics: Each RSU is a contingent right to one share upon vesting. (F3)
- Shares owned after the transaction: not specified in the filing.
- Exhibit noted: Exhibit 24 – Power of Attorney.
Context This transaction is a routine director compensation grant rather than an open-market purchase or sale. RSU awards are common for non-employee directors and become actual shares only if and when they vest according to the stated schedule; they shouldn’t be interpreted as an immediate buy/sell signal.