Ibotta (IBTA) CPO Marisa Daspit Sells Shares Worth ~$175K
$IBTA · Ibotta, Inc.Research Summary
AI-generated summary of this SEC filing
Ibotta (IBTA) CPO Marisa Daspit Sells Shares Worth ~$175K
What Happened
Marisa Daspit, Chief People Officer of Ibotta, sold 4,668 shares in open-market transactions on Sept. 1–2, 2026 for aggregate proceeds of roughly $174,079. In addition, 2,951 RSUs were withheld by the company to cover income tax withholding associated with vesting (book value ~ $109,807). The filing shows these sales were effected under a Rule 10b5-1 trading plan.
Key Details
- Transaction types: S = open-market sales (4,668 shares, proceeds ≈ $174,079); F = shares withheld for taxes on RSU vesting (2,951 shares, value ≈ $109,807). Total disposed (sale + withholding) = 7,619 shares valued ≈ $283,886.
- Dates and reported prices:
- 2026-09-01: 910 shares @ $37.31 (≈ $33,951) and 802 shares @ $36.66 (≈ $29,403).
- 2026-09-01: 2,951 RSUs withheld @ weighted avg $37.21 (≈ $109,807) — tax withholding, not a personal sale.
- 2026-09-02: 1,779 shares @ $37.25 (≈ $66,261) and 1,177 shares @ $37.78 (≈ $44,464).
- Price ranges: weighted-average prices reported; individual trades ranged roughly from $36.235 to $38.00 per share (see filing footnotes for per-lot ranges).
- Plan and disclosures: Transactions were made pursuant to a 10b5-1 trading plan established June 1, 2026 (footnote). The withholding entry represents net settlement of vested RSUs (footnote).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Filing timeliness: no late filing indicated in the provided details.
Context
These are insider sales and RSU tax-withholdings rather than open-market purchases — sales are common for executives to cover diversification, taxes, or liquidity needs and do not necessarily signal a change in company outlook. The presence of a 10b5-1 plan indicates the trades likely followed a pre-established schedule.