Company: IBTA
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001538379-25-000010
Chunk: 258

Company: Ibotta, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 8
Chunk 258
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 of Class A common stock (Share Repurchase Program). In both March 2025 and June 2025, the Board of Directors approved an additional $100 million, bringing the total authorization under the Share Repurchase Program to $300 million. The Company may, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases under this authorization. The Share Repurchase Program has no expiration date. 

(2)Excludes other costs such as broker commissions and the 1% excise tax imposed by the Inflation Reduction Act of 2022. 

Item 3. Defaults Upon Senior Securities

Not applicable.

Item 4. Mine Safety Disclosures

Not applicable.

Item 5. Other Information

Securities Trading Plans of Directors and Executive Officers

During the fiscal quarter ended June 30, 2025, the following officers, as defined in Rule 16a-1(f), adopted a “Rule 10b5-1 trading arrangement” as defined in Regulation S-K Item 408:

On May 19, 2025, Bryan Leach, our Founder, Chief Executive Officer, President, and Chairman, and his family trusts, adopted a Rule 10b5-1 trading arrangement providing for the sale from time to time of an aggregate of up to 281,532 shares of our Class A common stock plus an indeterminate number of shares of our Class A Common Stock for certain of Mr. Leach’s vested RSUs. The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1. The duration of the trading arrangement is until June 5, 2026, or earlier if all transactions under the trading arrangement are completed.

98

On May 29, 2025, Marisa Daspit, our Chief People Officer, adopted a Rule 10b5-1 trading arrangement providing for the sale from time to time of an aggregate of up to 51,625 shares of our Class A common stock. The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1. The duration of the trading arrangement is until May 29, 2026, or earlier if all transactions under the trading arrangement are completed.

No other directors or officers, as defined in Rule 16a-1(f), adopted and/or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” each as defined in Regulation S-K Item