Ibotta (IBTA) Sr. VP Jared Chomko Exercises Options

What Happened
Jared Chomko, Senior Vice President — Accounting at Ibotta (IBTA), exercised derivative securities on July 31, 2026 and acquired a total of 1,850 shares. He paid $10.40 per share for 1,475 shares ($15,340) and $12.45 per share for 375 shares ($4,669), for an aggregate cash outlay of $20,009. The filing also shows corresponding zero‑proceeds conversion entries for the same share counts, reflecting the conversion/exercise of the derivative instruments into Class A common stock. No sale of the shares was reported.

Key Details

• Transaction date: 2026-07-31; Form 4 filed: 2026-08-04 (filed within the reporting window).
• Acquisitions: 1,475 shares @ $10.40 = $15,340; 375 shares @ $12.45 = $4,669; total acquired = 1,850 shares, $20,009 total.
• Dispositions reported at $0.00 for the same share counts represent conversion of derivative securities into common stock.
• Shares owned after the transactions: not disclosed in the provided excerpt.
• Footnotes: F1 = some securities are RSUs (convert to one share each upon vesting); F2 = a monthly vesting schedule (1/48th) beginning Feb 16, 2023 for certain grants; F3 = all option shares are fully vested and exercisable as of the filing date.
• No 10b5-1 plan, tax‑withholding sale, or immediate open‑market sale is reported in the filing excerpt.

Context
This was an exercise/conversion of derivative securities (options/RSUs) into common shares rather than an open‑market purchase or sale. Because the options are fully vested and there was no immediate sale, the transaction appears to be an exercise/vesting event rather than a realized sale — common for employee compensation and tax/holdings management. No inference about insider sentiment should be made from this single administrative transaction.