Ibotta (IBTA) CBO El Tabib Withholds 3,404 Shares for Taxes

What Happened

• El Tabib, Chief Business Development Officer at Ibotta (IBTA), had 3,404 shares withheld by the company to satisfy tax and withholding obligations related to vested restricted stock units (RSUs). The withholding was recorded at $37.21 per share, totaling $126,663. This transaction represents a net settlement/tax-withholding of RSUs, not an open-market sale by the reporting person.

Key Details

• Transaction date: 2026-09-01; Filing date (Accession): 2026-09-03 (filed timely within the usual 2-business-day window).
• Amount withheld/disposed: 3,404 shares at $37.21 per share; total value reported $126,663.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 clarifies the shares were withheld by the issuer to cover income tax/withholding obligations (not a voluntary sale). F2 notes these securities were RSUs—each RSU converts to one share upon vesting.
• Transaction code: F (tax withholding/net settlement of RSUs).

Context

• This is a routine tax-withholding event tied to RSU vesting and should not be read as a deliberate sale or market view by the insider. In tax-withholding/net-settlement transactions, the issuer retains shares rather than the insider selling them on the open market.