KAUFMAN VICTOR 4
4 · IAC Inc. · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
IAC (IAC) Vice Chairman Victor Kaufman Receives RSU Award; Tax Withholding
What Happened
- Victor Kaufman, Vice Chairman and Director of IAC Inc., received the vesting of restricted stock units (RSUs). On Feb 9, 2026, 6,845 RSUs were granted/acquired (vested). Related actions on Feb 10 show conversion/exercise of 2,445 derivative units into shares and those 2,445 shares were disposed the same day. To satisfy tax withholding on the RSU vesting, 1,007 shares were withheld/used to cover taxes at $36.47 per share, totaling $36,725.
- This is primarily a routine RSU vesting event with tax withholding rather than an open-market sale or a cash purchase.
Key Details
- Transaction dates: Feb 9–10, 2026. Form filed Feb 11, 2026 (appears timely).
- Vesting/acquisition: 6,845 RSUs vested (acquired) on Feb 9, 2026.
- Derivative conversion/exercise: 2,445 units converted/exercised on Feb 10, 2026 and same-day disposed (reported at $0.00 per share in the filing).
- Tax withholding: 1,007 shares withheld at $36.47/share to cover tax liability = $36,725 (code F).
- Shares owned after the transaction: not specified in the provided extract; filing notes holdings held via a grantor retained annuity trust (GRAT) for the reporting person’s spouse (see footnote F3).
- Notable footnotes: F1–F2 confirm shares acquired on vesting and shares withheld for taxes; F4–F5 describe future vesting schedules for remaining RSUs; F6 notes prior adjustment for the Angi Inc. spin-off.
Context
- RSU vesting and associated tax-withholding are common, routine insider events and do not necessarily signal a change in the insider’s view of the company. The reported exercise/conversion (code M) followed by same-day disposition generally reflects settlement mechanics (conversion and immediate transfer/settlement), not an open-market sale for investment purposes.
Insider Transaction Report
Form 4
IAC Inc.IAC
KAUFMAN VICTOR
DirectorVice Chairman
Transactions
- Exercise/Conversion
Common Stock, par value $0.0001
[F1]2026-02-10+2,445→ 23,490 total - Tax Payment
Common Stock, par value $0.0001
[F2]2026-02-10$36.47/sh−1,007$36,725→ 22,483 total - Award
Restricted Stock Units
[F4]2026-02-09+6,845→ 6,845 totalExercise: $0.00→ Common Stock, par value $0.0001 (6,845 underlying) - Exercise/Conversion
Restricted Stock Units
[F5][F6]2026-02-10−2,445→ 4,890 totalExercise: $0.00→ Common Stock, par value $0.0001 (2,445 underlying)
Holdings
- 68,284(indirect: By Spouse)
Common Stock, par value $0.0001
[F3]
Footnotes (6)
- [F1]Represents shares of IAC common stock acquired upon the vesting of restricted stock units.
- [F2]Represents shares of lAC common stock withheld to cover the payment of taxes due in connection with the vesting of restricted stock units.
- [F3]Reflects shares of IAC common stock held as of the date of this report by a grantor retained annuity trust established for the benefit of the reporting person's spouse (the "GRAT"), who also serves as trustee of the GRAT and is the sole annuitant of the GRAT.
- [F4]Represents restricted stock units that vest in equal installments on each of February 9, 2027, 2028, and 2029, subject to continued service.
- [F5]Represents restricted stock units that vest in equal installments on each of February 10, 2026, 2027, and 2028 subject to continued service.
- [F6]On March 31, 2025, IAC completed the spin-off of its ownership in Angi Inc. by means of a special dividend of all of the shares of Class A Common Stock then held by IAC to holders of its common stock and Class B common stock (the "Angi Spin"). The amount of unvested restricted stock units reported on this Form 4 have been adjusted to reflect the Angi Spin.
Signature
/s/ Kyra Ayo Caros as Attorney-In-Fact for Victor Kaufman|2026-02-11