Ibotta director Thomas Lehrman sells $1.53m in company stock.
Thomas D. Lehrman, a director at Ibotta Inc., sold approximately $1.53 million worth of the company's Class A Common Stock over two days in August 2026. The sales occurred at prices ranging from $35.73 to $36.22 per share, as the stock had surged 78% over the past six months and was trading at $38.18, just 6% below its 52-week high of $40.48.
According to InvestingPro analysis, the stock appeared overvalued at these levels relative to its Fair Value. Lehrman sold 10,000 shares directly on August 11 at a weighted average price of $35.73, with an additional 7,669 shares sold indirectly on the same day through Four Ways, LLC and LFP 2, LLC, both entities controlled by Lehrman.
On August 12, he sold an additional 4,692 shares directly at a weighted average price of $36.19, along with 3,197 shares indirectly through Four Ways, LLC and 4,957 shares through LFP 2, LLC, with prices ranging from $36.00 to $36.33. Following these transactions, Lehrman's beneficial ownership of Company stock remained substantial, with direct ownership of 54,046 shares and indirect ownership through the two LLCs totaling 56,310 shares.
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