Ibotta, Inc.
For the period ended Dec 31, 2025. Filed Apr 7, 2026.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Dec 31, 2025 · Filed Apr 7, 2026
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Summary Compensation Table
The following table sets forth information regarding the compensation of our named executive officers for the year ended December 31, 2025, December 31, 2024, and December 31, 2023. Messrs. Puckett, Riedy, Shapiro, Patel, and Donahue and Ms. Sheppard were not named executive officers for the year ended December 31, 2023, and Messrs. Puckett, Riedy, Shapiro, and Donahue and Ms. Sheppard were not named executive officers for the year ended December 31, 2024.
| Name and Principal Position | Year | Salary($) | StockAwards ($)(1) | OptionAwards($)(1) | Non-EquityIncentive PlanCompensation($)(2) | All OtherCompensation($) | Total ($) |
|---|---|---|---|---|---|---|---|
| Bryan Leach Founder, Chief Executive Officer, President, and Chairman | 2025 | 550,693 | 9,999,955 | — | 381,570 | 16,815(3) | 10,949,033 |
| 2024 | 494,383 | 25,284,867(4) | 2,433,974 | 480,691 | 17,991(5) | 28,711,906 | |
| 2023 | 429,327 | 279,509 | 407,955 | 645,000 | 6,910(6) | 1,768,701 | |
| Matt PuckettChief Financial Officer | 2025 | 169,231 | 9,444,601 | — | 159,041 | 6,184(7) | 9,779,057 |
| Chris RiedyChief Revenue Officer | 2025 | 461,538 | 9,879,818 | — | 365,800 | 11,916(8) | 10,719,072 |
| David ShapiroChief Legal Officer | 2025 | 459,231 | 2,534,935 | — | 176,157 | 15,116(9) | 3,185,439 |
| Luke Swanson Chief Technology Officer | 2025 | 464,231 | 6,499,964 | — | 320,850 | 13,170(10) | 7,298,215 |
| 2024 | 446,448 | 5,736,016 | 494,254 | 434,194 | 10,482(11) | 7,121,394 | |
| 2023 | 429,327 | 279,509 | 271,970 | 645,000 | 10,965(12) | 1,636,771 | |
| Valarie Sheppard Former Interim Chief Financial Officer | 2025 | 414,923 | 1,468,441 | — | — | 295,836(1)(13) | 2,179,200 |
| Sunit PatelFormer Chief Financial Officer | 2025 | 118,173 | 6,499,964 | — | — | 17,193(14) | 6,635,330 |
| 2024 | 388,074 | 4,518,008 | — | 377,425 | 15,086(15) | 5,298,593 | |
| Richard DonahueFormer Chief Marketing Officer | 2025 | 245,231 | 3,999,941 | — | — | 17,797(16) | 4,262,969 |
- The amounts reported in this column represent the aggregate grant date fair value of the awards granted to each named executive officer as calculated in accordance with ASC 718. The assumptions used in calculating the grant date fair value of the awards disclosed in this column are set forth in Note 11 to our audited financial statements for the year ended December 31, 2025, which are included in our Annual Report on Form 10-K filed with the SEC on February 26, 2026. These amounts do not correspond to the actual value that may be recognized by the named executive officers upon vesting of the applicable awards.
| Ibotta, Inc. | 49 | 2026 Proxy Statement |
|---|
The amounts reported in this column for 2025 represent payments made under our 2025 Bonus Plan. The amounts reported in this column for 2024 and 2023 represent payments made under the bonus plans for those applicable years, which amounts were reported in the “Bonus” column to this Summary Compensation Table in prior filings with the SEC but are being included in this column in this filing to reflect the structure of those payments and how they were calculated and paid.
Consists of $13,125 in 401(k) plan matching contributions, $270 in life insurance premiums, and $3,420 in a phone stipend.
4.$14,265,859 of this amount represents the grant date fair value of the award of performance-based RSUs granted to Mr. Leach in April 2024 as calculated in accordance with ASC 718, based upon the probable outcome of the applicable performance conditions as determined through a Monte-Carlo simulation model. The value of this award at the grant date assuming that the highest level of performance conditions will be achieved is $22,038,016.
Consists of $17,859 in 401(k) plan matching contributions and $132 in life insurance premiums.
Consists of $6,785 in 401(k) plan matching contributions and $125 in life insurance premiums.
Consists of $5,923 in 401(k) plan matching contributions, $127 in life insurance premiums, and $134 in our lifestyle spending account.
Consists of $10,500 in 401(k) plan matching contributions, $366 in life insurance premiums, $750 in our lifestyle spending account, and $300 in a phone stipend.
Consists of $11,690 in 401(k) plan matching contributions, $774 in life insurance premiums, $2,352 in our lifestyle spending account, and $300 in a phone stipend.
Consists of $10,500 in 401(k) plan matching contributions, $270 in life insurance premiums, $1,800 in our lifestyle spending account, and $600 in a phone stipend.
Consists of $10,350 in 401(k) plan matching contributions and $132 in life insurance premiums.
Consists of $10,840 in 401(k) plan matching contributions and $125 in life insurance premiums.
Consists of $7,619 in 401(k) plan matching contributions, $548 in life insurance premiums, and $896 in our lifestyle spending account. Ms. Sheppard did not participate in the 2025 Bonus Plan but received a cash bonus of $36,000 for her service as a director that was paid after her resignation as Interim Chief Financial Officer. For her service as a director, Ms. Sheppard also earned a cash fee of $50,773 and was granted RSUs with an aggregate grant date fair value of $200,000.
Consists of $16,873 in 401(k) plan matching contributions and $320 in life insurance premiums.
Consists of $14,954 in 401(k) plan matching contributions and $132 in life insurance premiums.
Consists of $14,000 in 401(k) plan matching contributions, $197 in life insurance premiums, $3,150 in our lifestyle spending account, and $450 in a phone stipend.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.