Form 4: Ibotta Inc. Interim CFO Valarie L. Sheppard Reports Tax Withholding Transaction
SEC Form 4 Filing
Valarie L. Sheppard, Interim CFO of Ibotta, Inc., reports the withholding of shares to cover income tax obligations related to vesting restricted stock units.
Summary
- On April 17, 2025, Valarie L. Sheppard, Interim CFO of Ibotta, Inc., had 1,724 shares of Class A Common Stock withheld by the issuer to cover income tax obligations.
- The shares were withheld at a price of $45.44 per share.
- Following the transaction, Sheppard beneficially owns 35,894 shares of Class A Common Stock, some of which are restricted stock units (RSUs).
- Each RSU represents a contingent right to receive one share of Ibotta's Class A Common Stock, subject to vesting schedules and conditions.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a standard tax withholding procedure.
Key Dates
| Date | Description |
|---|---|
| 04/17/2025 | Date of transaction: Shares withheld for tax obligations. |
| 04/21/2025 | Date of signature on the report. |
Keywords
Form 4, Ibotta Inc., Valarie L. Sheppard, Interim CFO, Class A Common Stock, Restricted Stock Units, Tax Withholding, Beneficial Ownership
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