4//SEC Filing
Russakoff Andrew 4
Accession 0001705110-25-000050
CIK 0001705110other
Filed
May 15, 8:00 PM ET
Accepted
May 16, 4:11 PM ET
Size
8.2 KB
Accession
0001705110-25-000050
Insider Transaction Report
Form 4
Angi Inc.ANGI
Transactions
- Award
Class A Common Stock, par value $0.001
2025-03-31+590→ 58,332 total - Award
Restricted Stock Units
2025-05-06+20,000→ 20,000 totalExercise: $0.00From: 2026-03-01Exp: 2027-03-01→ Class A Common Stock, par value $0.001 (20,000 underlying)
Footnotes (3)
- [F1]On March 31, 2025, the Reporting Person received 590 shares of ANGI Class A common stock in connection with the completion of the spin-off by IAC Inc. ("IAC") of ANGI by means of a special dividend (the "Distribution") 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 (together, the "IAC Stock"). This special dividend was paid through the distribution of 42,080,232 shares of Class A Common Stock on March 31, 2025 to holders of record of IAC Stock as of the close of business on March 25, 2025 (the "Record Date"), on a pro rata basis. Holders of IAC Stock as of the Record Date received 0.5251 shares of Class A Common Stock for each share of IAC Stock then held. This transaction is exempt under Rule 16b-3.
- [F2]Effective on March 24, 2025, the Issuer effected a 1-for-10 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.
- [F3]Represents restricted stock units that vest in two equal installments on each of March 1, 2026 and 2027, subject to continued service.
Documents
Issuer
Angi Inc.
CIK 0001705110
Entity typeother
Related Parties
1- filerCIK 0001933705
Filing Metadata
- Form type
- 4
- Filed
- May 15, 8:00 PM ET
- Accepted
- May 16, 4:11 PM ET
- Size
- 8.2 KB