Christopher J. Riedy, an officer at Ibotta, Inc., has sold 12,259 shares of Class A stock, valued at approximately $735,540. This transaction, filed on November 5, 2026, is part of Riedy's compensation package and highlights ongoing stock activity within the company.
Ibotta, Inc. operates in the advertising services sector, specifically under the SIC code 7310. The company, incorporated in Delaware, has its business address at 1400 16th Street, Suite 600, Denver, CO. The firm has undergone a name change from Zing Enterprises, Inc. in December 2011.
According to the filing, Riedy acquired the shares through restricted stock vesting on three separate occasions in 2025. The shares sold were part of a larger compensation plan, with the most recent vesting occurring on September 1, 2025, where Riedy acquired 5,313 shares. The filing indicates that there is nothing to report on securities sold in the past three months.
This sale may impact various stakeholders, including Ibotta's investors and employees. The transaction was executed through Fidelity Brokerage Services LLC, which further underscores the professional management of Riedy's stock holdings.
The filing does not say what happens next.
Additional Transaction Details
Riedy's sale of 12,259 shares represents a portion of his total holdings, as there are approximately 20,469,814 shares of Class A stock outstanding for Ibotta, Inc. This indicates that Riedy's transaction is relatively small in the context of the overall share structure of the company.
The shares sold were acquired through restricted stock vesting on three different dates in 2025: 1,633 shares on March 1, 5,313 shares on June 1, and another 5,313 shares on September 1. This structured vesting approach is common in executive compensation packages, aligning the interests of executives with those of shareholders.
“The nature of the acquisition for all shares was through compensation, indicating that these were part of Riedy's remuneration as an officer of the company.”
Brokerage Information
The transaction was facilitated by Fidelity Brokerage Services LLC, which is based in Smithfield, Rhode Island. This brokerage is well-known for its comprehensive financial services and has been involved in numerous transactions for corporate clients.
Signature and Filing Details
The filing was signed by Wade Moss, acting as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Christopher Riedy. This indicates that Riedy has authorized Fidelity to act on his behalf regarding this transaction.
As of the filing date, November 5, 2026, there were no additional securities sold by Riedy in the past three months, as confirmed in the filing.
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