Riedy Christopher J 4
4 · Ibotta, Inc. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Ibotta CRO Christopher Riedy Withholds 11,998 Shares for Taxes
What Happened
Christopher J. Riedy, Chief Revenue Officer of Ibotta, had 11,998 shares withheld by the company on June 1, 2026 to satisfy tax and withholding obligations related to the vesting and net settlement of previously granted RSUs. The withholding was recorded at $34.25 per share for a total value of $410,932. This is a tax-withholding/net-settlement event (transaction code F), not an open-market sale by the insider.
Key Details
- Transaction date: 2026-06-01; Filing date: 2026-06-03 (filed within standard Form 4 timing).
- Shares involved: 11,998 shares withheld at $34.25 each; total value $410,932.
- Transaction code: F — shares withheld by issuer to satisfy tax withholding on vested RSUs.
- Securities type: RSUs (each RSU represents a contingent right to one share, subject to vesting).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes: F1 clarifies this was issuer withholding, not a sale by the reporting person; F2 explains these were RSUs.
Context
This is a routine, non-market transaction that reflects tax withholding on vested restricted stock units (a form of compensation), and does not necessarily indicate buying or selling intent. For insiders, withheld shares to cover taxes are common and should be viewed differently than open-market sales or purchases.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1][F2]2026-06-01$34.25/sh−11,998$410,932→ 376,375 total
Footnotes (2)
- [F1]This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the vesting and net settlement of previously reported restricted stock units ("RSUs").
- [F2]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.