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Insider Cluster (2 insiders) ·Filed Sep 25, 2026

IBTA

Ibotta, Inc.
BEARISH
Impact 4/10
Horizonweeks Processed1mo ago
Insider cluster: 2 insiders, $997K total
Actionable Insight ▼ Bearish

The CEO and CTO both sold shares in the same week without disclosed 10b5-1 plans, a pattern that typically signals insider caution. Monitor for any upcoming earnings or material news that could explain the timing.

DirectionBearish
Confidencemedium
Horizonweeks
Latest settled — T+20d
IBTA ▲ +21.49% at T+20d
SHORT call ✗ call lost -21.49% · α vs SPY -21.52% · entry $40.07 → $48.68
Next anchor: T+60d in 8w
Entry = T+0 close
Sep 25, 2026
via day close
T+1d
-2.00%
call +2.00% · α +1.81%
$39.27
settled 4w ago
T+5d
+3.19%
call -3.19% · α -1.99%
$41.35
settled 26d ago
T+20d
+21.49%
call -21.49% · α -21.52%
$48.68
settled 5d ago
T+60d
Pending
in 8w

Price Chart

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Executive Summary

Two senior insiders at Ibotta (CEO and CTO) sold a combined $997K in open-market sales over a one-week window, with the CEO selling $193K and the CTO selling $805K. The total sales represent approximately 0.3% of the company's $326M market cap, a modest but notable insider selling cluster.

Key Financial Metrics

Direction
selling
Total Value
$997.0K
Insiders
2

Key Facts

  • CEO Bryan Leach sold 5,100 shares at $37.74 for $193K on 2026-09-09
  • CTO Luke Roy Swanson sold 20,100 shares at $40.04 for $805K on 2026-09-10
  • Total insider sales of $997K represent ~0.3% of market cap
  • Both sales are open-market (code S) with no 10b5-1 plan indicated

Financial Impact

Total insider sales of $997K, approximately 0.3% of market cap

insider ownership

Risk Factors

  • Insider sales may be liquidity-driven rather than informational
  • Sales represent a small fraction of market cap, limiting materiality

Investment Themes

Services

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-IBTA-1790410177158
22 reports for IBTA
Performance horizon
67% Hit rate @ T+1 4 of 6 directional calls Went positive at some point 5 of 6 best @ T+60▲ +28.99%Feb 28, 2026
Filters
Rows
Reports for IBTA — sortable, filterable
TypeNow
Oct 23, 2026
4d ago
Insider Cluster
NEUTRAL ★ 3/10
$48.68 $48.85▲ +0.35%▼ −0.21%$48.85 (+0.35%)
Oct 22, 2026
5d ago
144
NEUTRAL ★ 2/10
$48.61 $48.68▲ +0.14%▼ −0.57%$48.85 (+0.49%)
Oct 22, 2026
5d ago
144
NEUTRAL ★ 3/10
$48.61 $48.68▲ +0.14%▼ −0.57%$48.85 (+0.49%)
Oct 22, 2026
5d ago
144
NEUTRAL ★ 2/10
$48.61 $48.68▲ +0.14%▼ −0.57%$48.85 (+0.49%)
Sep 25, 2026
4w ago
Insider Cluster
BEARISH ★ 4/10
$40.07 $39.27▲ +2.00%▲ +1.81%$48.85 (−21.91%)
Sep 24, 2026
4w ago
8-K
NEUTRAL ★ 2/10
$41.06 $40.07▼ −2.41%▼ −1.67%$48.85 (+18.97%)
Sep 14, 2026
6w ago
Insider Cluster
BEARISH ★ 5/10
$42.05 $41.58▲ +1.12%▲ +0.68%$48.85 (−16.17%)
Sep 10, 2026
6w ago
Insider Cluster
BEARISH ★ 5/10
$41.14 $42.40▼ −3.06%▼ −3.51%$48.85 (−18.74%)
Sep 3, 2026
7w ago
Insider Cluster
NEUTRAL ★ 3/10
$38.39 $38.38▼ −0.03%▲ +0.52%$48.85 (+27.25%)
Aug 19, 2026
9w ago
Insider Cluster
BEARISH ★ 5/10
$36.48 $37.71▼ −3.37%▼ −2.96%$48.85 (−33.91%)
Showing 10 of 22

US Market Status

Market Closed — Opens Thu (11h 31m)

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Report published Sep 25, 2026