Form 4: Ibotta Executive David T. Shapiro Reports Stock Transaction

David T. Shapiro, Chief Legal Officer of Ibotta, Inc., reports the withholding of shares by the issuer to cover income tax obligations related to vesting restricted stock units.

Summary

• On March 1, 2025, David T. Shapiro, Chief Legal Officer of Ibotta, Inc., had 986 shares of Class A Common Stock withheld by the issuer to cover income tax obligations.
• The shares were withheld at a price of $34.01.
• Following the transaction, Shapiro beneficially owns 70,781 shares.
• These shares include restricted stock units (RSUs), each representing a contingent right to receive one share of Ibotta's Class A Common Stock, subject to vesting schedules and conditions.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests between management and shareholders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine tax withholding related to executive compensation.

Key Dates

Keywords

Ibotta, David T. Shapiro, Form 4, Insider Trading, Stock Transaction, Restricted Stock Units, Tax Withholding, Beneficial Ownership, IBTA, Chief Legal Officer