Ibotta CEO Bryan Leach sells $625,981 in company shares

Bryan Leach, CEO and President of Ibotta Inc. (NASDAQ:IBTA), recently sold stock worth about $625,981. The transactions took place over two days, September 21 and September 22, 2026, pursuant to a Rule 10b5-1 trading plan set up on March 5, 2026. IBTA shares have been near their 52-week high of $43.43, trading at $41.06, after a significant year-to-date increase of around 81%.

According to InvestingPro analysis, the stock may be overvalued compared to its Fair Value, which can be monitored on InvestingPro’s Most Overvalued stocks list. On September 21, Leach sold 13,418 shares of Class A Common Stock at an average price of $41.3444, ranging from $40.72 to $41.70 per share. The next day, September 22, he sold an additional 1,724 shares of Class A Common Stock, with individual prices between $40.85 and $41.755, including one of 7 shares at $41.94.

In total, the sales amounted to approximately $625,981. Previously, Leach bought 15,142 shares of Class A Common Stock through employee stock options on September 21, acquiring 13,418 shares at $3.99 per share and another 1,724 shares on September 22 at the same price. Both acquisitions were fully vested and exercisable at the time.

Leach, also a Director and 10% owner, now owns about 823,886 shares of Ibotta Class A Common Stock, including restricted stock units that grant a potential right to receive additional shares upon vesting. While the company has generated considerable returns over the past six months, up about 42%, it has remained unprofitable over the last year.

Investors can delve further into IBTA’s financial status and access additional insights through InvestingPro’s Pro Research Report, which offers over 13 exclusive tips for this and 1,400+ other US equities. Recently, Ibotta Inc. reported its second-quarter earnings for 2026, indicating a return to revenue growth after over a year without.

The company reported revenue of $88.9 million, representing a 3% increase from the same period last year. However, adjusted earnings per share fell short of analysts' expectations, coming in at $0.46 compared to the expected $0.77. Despite the earnings disappointment, the revenue growth indicates a positive trend for the company, likely influencing market sentiment as evidenced by the stock’s performance in after-hours trading. This report was produced with AI assistance and reviewed by a human editor.