Halpin Christopher 4

What Happened

• Christopher Halpin, IAC’s Executive VP, CFO & COO, had restricted stock units (RSUs) vest on Feb 6 and Feb 8, 2026. A total of 148,508 shares converted to common stock at $0.00 (derivative conversion). To cover tax withholding, 75,960 shares were surrendered/disposed at $35.65 each, totaling $2,707,974. After withholding, Halpin received 72,548 net shares. On Feb 9, 2026 he was also granted 219,058 RSUs (unvested).
• These transactions are RSU vesting and routine tax-withholding events (not open-market purchases or discretionary sales). The conversion entries show $0 exercise price because these were restricted stock units converting into common shares.

Key Details

• Transaction dates: Vesting/conversion on Feb 6 and Feb 8, 2026; RSU grant on Feb 9, 2026. Form 4 filed Feb 10, 2026 (appears timely).
• Prices and value: RSU conversions recorded at $0.00; withheld shares disposed at $35.65 each for a total tax-withheld value of $2,707,974 (75,960 shares).
• Net shares received from the vesting events: 72,548 shares (148,508 vested minus 75,960 withheld).
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes: F1/F2 denote RSU vesting and tax withholding; F4 notes adjustments related to IAC’s March 31, 2025 Angi spin-off; F7 indicates the 219,058 RSU grant vests in two equal installments on Feb 9, 2028 and Feb 9, 2029 (subject to service).
• Transaction codes: M = conversion/exercise of derivative (RSU conversion); F = shares withheld for taxes.

Context

• This was a cashless-withholding tax settlement of vested RSUs (routine compensation event), not an open-market sale or purchase that signals a trading view. The new 219,058 RSU award is unvested and subject to future service-based vesting dates.