IBTA Ibotta, Inc.

NEUTRAL Impact: 2/10 Insider Cluster (2 insiders)
Horizon days Filed Jun 10, 2026 Processed 3d 13h ago
Insider cluster: 2 insiders, $320K total

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Executive Summary

CEO Bryan Leach and CTO Luke Swanson sold a combined $320K in open-market shares over a 7-day window, with Leach also gifting 50,000 shares and exercising derivatives for tax-related sales. The total open-market sales represent ~0.04% of IBTA's $739M market cap, well below the 0.1% threshold for materiality. The cluster is driven by CEO Leach's routine option exercises and tax withholding, not a coordinated bearish signal.

Key Financial Metrics

Direction
selling
Total Value
$320.0K
Insiders
2

Actionable Insight

The insider selling is immaterial in size and consistent with routine option exercise/tax planning. No bearish signal. Monitor next earnings for any guidance revision, but this cluster does not warrant action.

Key Facts

  • CEO Bryan Leach sold 4,748 shares ($152K) on June 9, 2026 at $31.96
  • CTO Luke Swanson sold 5,100 shares ($169K) on June 4, 2026 at $32.86
  • Total open-market sales: $320K, or ~0.04% of $739M market cap
  • Leach also gifted 50,000 shares ($0) and exercised 19,902 options at $3.99 strike on June 8-9
  • No C-suite cluster buys; all insider activity is selling or non-cash
  • Analyst consensus is 7% bullish (1 Buy, 8 Hold, 3 Sell, 2 Strong Sell)

Financial Impact

Open-market sales of $320K represent 0.04% of market cap — trivial and routine

dilutioninsider ownership

Risk Factors

  • CEO Leach's option exercises could precede further selling if share price appreciates
  • Weak analyst sentiment (7% bullish) suggests limited near-term catalysts

Market Snapshot

Exchange
NYSE
Sector
Services-Advertising
Analyst Consensus
7% bullish (14 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-IBTA-1781210305170
6 reports for IBTA
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for IBTA — sortable, filterable
Type Now
Jun 10, 2026
4d ago
Insider Cluster
NEUTRAL ★ 2/10
$31.77 awaiting T+5awaiting T+5$31.38 (−1.23%)
May 22, 2026
23d ago
8-K
NEUTRAL ★ 3/10
$32.17 $34.73▲ +7.96%▲ +6.75%$31.38 (−2.46%)
May 6, 2026
5w ago
8-K
MIXED ★ 5/10
$36.78 $32.31▼ −12.15%▼ −13.66%$31.38 (−14.68%)
Mar 12, 2026
13w ago
8-K
NEUTRAL ★ 4/10
$23.06 $27.69▲ +20.08%▲ +21.06%$31.38 (+36.08%)
Feb 28, 2026
15w ago
Institutional Cluster
BULLISH ★ 6/10
$24.94 $23.42▼ −6.09%▼ −4.89%$31.38 (+25.82%)
Feb 25, 2026
15w ago
8-K
BEARISH ★ 6/10
$26.35 $23.89▲ +9.34%▲ +8.21%$31.38 (−19.09%)
Showing 6 of 6

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