Form 4: Koch Industries Reports Change in Beneficial Ownership of Ibotta, Inc. Shares Following Internal Reorganization
SEC Form 4 Filing
Koch Industries, LLC no longer holds beneficial ownership of Ibotta, Inc. shares due to an internal reorganization effective August 1, 2024.
Summary
- Koch Industries, LLC (KII) has reported a change in its beneficial ownership of Ibotta, Inc. shares.
- Effective August 1, 2024, KII ceased to own equity interests in KDT Ibotta Holdings, LLC (KDT Ibotta) due to an internal reorganization.
- Koch, Inc. became the indirect ultimate parent company of both KDT Ibotta and KII.
- As a result, KII no longer has beneficial ownership of any shares of Ibotta, Inc. common stock held by KDT Ibotta.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to a corporate reorganization, with neutral sentiment.
Industry Context
This filing reflects a corporate restructuring within the Koch Industries organization and its impact on the ownership structure of Ibotta, Inc., a company in the technology sector.
Stakeholder Impact
- The reorganization may have minimal direct impact on Ibotta, Inc.'s operations or stakeholders, as it primarily involves internal restructuring within Koch Industries.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Effective date of the internal reorganization where Koch Industries, LLC ceased to own equity interests in KDT Ibotta Holdings, LLC. |
| 08/02/2024 | Date of signature for the Form 4 filing. |
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