Luke Roy Swanson - 01 Dec 2024 Form 4 Insider Report for Ibotta, Inc. (IBTA)

Signature
/s/ David T. Shapiro, by power of attorney
Issuer symbol
IBTA
Transactions as of
01 Dec 2024
Net transactions value
-$622,056
Form type
4
Filing time
03 Dec 2024, 17:49:53 UTC
Previous filing
22 Apr 2024
Next filing
10 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IBTA Class A Common Stock Tax liability $622,056 -8,505 -1.3% $73.14 651,418 01 Dec 2024 Direct F1, F2
holding IBTA Class A Common Stock 45,045 01 Dec 2024 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the vesting and net settlement of previously reported restricted stock units.
F2 Certain of these securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
F3 The shares are held by Flat Tops Ventures, LLC, which is 1% owned by the Reporting Person and 99% owned by the Swanson 2021 Irrevocable Trust for the benefit of the Reporting Person's children.