Ibotta (IBTA) CTO Luke Swanson Sells 16,500 Shares

What Happened
Luke Swanson, Chief Technology Officer of Ibotta, sold 16,500 shares in an open-market transaction on September 10, 2026. The shares were sold at a weighted average price of $40.07 per share for total reported proceeds of $661,216. This sale was executed under a Rule 10b5‑1 trading plan.

Key Details

• Transaction date: 2026-09-10 (open-market sale, code S)
• Shares sold: 16,500; weighted average price: $40.07; total proceeds: $661,216
• Price range reported: $39.90 to $40.41 per share (multiple trades)
• Plan: Sale executed pursuant to a 10b5‑1 trading plan established March 6, 2026 (F1)
• Filing: This is an amended Form 4 filed 2026-09-25 correcting an earlier Form 4 (filed 2026-09-14) that had overstated the shares sold by 3,600 (F2)
• Restricted securities: The filing notes some securities involved are RSUs subject to vesting (F4)
• Shares owned after transaction: Not specified in the amended filing

Context
Sales made under pre-established 10b5‑1 plans are typically scheduled trades rather than ad hoc insider sales; the filing is amended to correct a reporting error and does not by itself indicate a change in intent. The original Form 4 was late and subsequently corrected (see amendment date), so retail investors should note the timing and amendment when assessing disclosure.