Lehrman Thomas D 4
4 · Ibotta, Inc. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Ibotta (IBTA) Director Thomas D. Lehrman Receives Award
What Happened Thomas D. Lehrman, a director of Ibotta, received 5,988 restricted stock units (RSUs) granted on 2026-05-19. The filing reports the acquisition price as $0, so the reported cash outlay is $0. This was an equity award (transaction code A), not a purchase or sale — RSUs are a promise to issue shares in the future if vesting conditions are met.
Key Details
- Transaction date: 2026-05-19; reported on Form 4 filed 2026-05-21 (timely filing).
- Amount granted: 5,988 RSUs; reported acquisition price: $0; reported value at filing: $0.
- Vesting: RSUs vest in full on the earlier of (i) May 19, 2027 or (ii) the day before the issuer's next annual meeting of shareholders, subject to continuous service (Footnote F1).
- Grant type: Annual outside-director equity award under the Issuer’s Outside Director Compensation Policy (F2).
- RSU mechanics: Each RSU represents a contingent right to receive one share of Class A common stock upon vesting (F3).
- Holdings: Some securities are held through LFP 2, LLC and Four Ways, LLC, entities of which Lehrman is a member and over which he has voting and investment control (F4, F5).
- Shares owned after transaction: not specified in the information provided.
Context This is a routine director equity grant (annual compensation) rather than an open-market buy or sale. RSUs do not immediately transfer stock to the director — they become shares only if and when the RSUs vest and settlement conditions are met. Awards like this are common for non-employee directors and do not, by themselves, signal a buy or sell decision.
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2][F3]2026-05-19+5,988→ 68,738 total
- 51,141(indirect: See footnote)
Class A Common Stock
[F4] - 32,981(indirect: See footnote)
Class A Common Stock
[F5]
Footnotes (5)
- [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 LFP 2, LLC, of which the Reporting Person is a member and has voting and investment control.
- [F5]The shares are held by Four Ways, LLC, of which the Reporting Person is a member and has voting and investment control.