Angi Inc.·4

Mar 3, 4:40 PM ET

Shaw Shannon 4

Research Summary

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Angi (ANGI) CLO Shannon Shaw Exercises RSUs, Withholds 2,444 Shares

What Happened

  • Shannon Shaw, Chief Legal Officer of Angi Inc. (ANGI), had a total of 8,334 restricted stock units (RSUs) convert into Class A common stock on March 1, 2026. Of those, 2,444 shares were withheld to cover tax obligations (reported as dispositions) at $7.78 per share, totaling $19,014. The net shares delivered to Shaw were 5,890.
  • These transactions are conversions of derivative awards (RSUs) rather than open-market purchases or discretionary sales. The filing reports the RSU conversion (transaction code M) and the tax-withholding share disposition (transaction code F).

Key Details

  • Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (covers the Mar 1 transaction).
  • Vested/converted: 8,334 RSUs converted to common stock.
  • Shares withheld for taxes: 2,444 shares at $7.78 each, total $19,014.
  • Net shares received by Shaw: 5,890.
  • Footnotes: F1 — RSUs convert one-for-one to Class A common stock. F2 & F3 — the grants originated from (a) 100,000 RSUs granted Mar 1, 2024 (vesting in three equal annual installments beginning Mar 1, 2026) and (b) 20,000 RSUs granted May 6, 2025 (vesting in four equal annual installments beginning Mar 1, 2026).
  • Shares owned after the transaction are not specified in the provided excerpt.
  • No indication in the provided data that this filing was late.

Context

  • This was a scheduled vesting and conversion of RSUs with a net settlement for taxes (common practice). The reporting shows conversion of the derivative award and share withholding to satisfy tax liability; it is not an open-market buy or discretionary sale and does not by itself indicate a change in market sentiment.