4/A: Ibotta Inc. Chief Legal Officer David T. Shapiro Amends SEC Filing to Correct RSU Grant Date

David T. Shapiro, Chief Legal Officer of Ibotta Inc., amended a previous SEC filing to correct the grant date of restricted stock units (RSUs) from June 14, 2024, to June 21, 2024.

Summary

• David T. Shapiro, the Chief Legal Officer of Ibotta Inc., filed an amendment to a Form 4 with the SEC.
• The amendment corrects the date of the grant of restricted stock units (RSUs).
• The original filing incorrectly stated the grant date as June 14, 2024, but the correct date is June 21, 2024.
• The reporting person was granted 17,124 RSUs, each representing a contingent right to receive one share of Ibotta's Class A Common Stock.
• 1/8th of the RSUs will vest on December 2, 2024, and 1/16th will vest quarterly thereafter, contingent upon continued service.
• Following the reported transaction, Shapiro beneficially owns 34,506 RSUs.

Sentiment

Score: 7

Explanation: The document is a routine correction of an SEC filing, indicating standard corporate governance practices. There is no information to suggest a negative outlook, and the correction itself is a positive sign of attention to detail.

Industry Context

This is a standard SEC filing related to executive compensation and beneficial ownership. Such filings are common for publicly traded companies and provide transparency into the holdings of company insiders.

Stakeholder Impact

• The correction of the RSU grant date ensures accurate reporting to shareholders and the public.

Key Dates