Ibotta, Inc.: 10% owner Bryan Leach sold 49,899 shares

What happened

• Bryan Leach, reported as a 10% owner, exercised or converted a total of 49,899 shares and sold 49,899 shares on Oct 21, 2026. The filing shows exercises of 21,407 shares at $5.35 for $114,527 and 15,346 shares at $12.75 for $195,662, plus conversions of 6,573 shares and 6,573 shares at $0.00 (total 13,146) for $0. The filing reports open-market sales of 49,899 shares that generated $2,465,879 in proceeds.

Key details

• Transaction date: Oct 21, 2026. Form 4 filed Oct 23, 2026.
• Exercise/conversion details: exercised 21,407 shares at $5.35 ($114,527) and 15,346 shares at $12.75 ($195,662); converted 6,573 shares and 6,573 shares into Class A at $0.00 (total converted 13,146 shares).
• Sales: 49,899 shares sold on Oct 21, 2026, for total proceeds of $2,465,879. Reported weighted-average sale prices include $48.43, $48.47, $49.64, $49.65 and $50.04; footnotes in the filing report underlying sale ranges from $47.95 to $50.045 per share.
• Shares owned after the transaction: not stated in this Form 4.
• Relevant footnotes from the filing: transactions were effected under a Rule 10b5-1 trading plan established Mar 5, 2026 (F1); options reported as exercised are fully vested and exercisable (F12); certain conversions reflect Class B to Class A conversion on a 1-for-1 basis at no cost (F13, F6, F8).

Why it may matter

• Options exercised: the filing shows exercises (and conversions) and same-day open-market sales of the acquired shares, consistent with a cashless exercise and immediate sale reported on Oct 21, 2026.
• Ownership status: the reporting person is a 10% owner, which is a large holder rather than an executive officer.
• A filing does not show why the insider traded or why the company acted.