IBTA.NYSEIbotta, INC

Form 4: D. E. Shaw & Co. Reports Changes in Beneficial Ownership of Ibotta, Inc. Shares

Sentiment:

SEC Form 4 Filing


D. E. Shaw & Co. reports multiple transactions involving Ibotta, Inc. Class A common stock, resulting in adjustments to their beneficial ownership.

Summary

  • D. E. Shaw & Co., L.P., D. E. Shaw & Co., L.L.C., and David E. Shaw have filed a Form 4 detailing changes in their beneficial ownership of Ibotta, Inc. (IBTA) Class A common stock.
  • On March 3, 2025, D. E. Shaw Valence Portfolios, L.L.C. sold 40,112 shares at a weighted average price of $32.8878, 19,946 shares at a weighted average price of $33.7458 and 7,707 shares at a weighted average price of $34.7886.
  • D. E. Shaw Oculus Portfolios, L.L.C. sold 13,572 shares at a weighted average price of $32.8975, 6,348 shares at a weighted average price of $33.7439 and 2,681 shares at a weighted average price of $34.7817.
  • Following these transactions, D. E. Shaw Valence Portfolios, L.L.C. beneficially owns 2,024,888 shares, then 2,004,942 shares, then 1,997,235 shares.
  • Following these transactions, D. E. Shaw Oculus Portfolios, L.L.C. beneficially owns 674,729 shares, then 668,381 shares, then 665,700 shares.
  • Additionally, 58,842 shares are directly held by a member of the Executive Committee of D. E. Shaw & Co., L.P. and D. E. Shaw & Co., L.L.C.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership as required by the SEC for major shareholders.

Stakeholder Impact

  • The transactions may have a minor impact on Ibotta, Inc.'s stock price due to the volume of shares sold.

Key Dates

DateDescription
August 1, 2024Date of Power of Attorney for regulatory filings.
March 3, 2025Date of transactions involving Ibotta, Inc. Class A common stock.
March 5, 2025Date of signature for the Form 4 filing.

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