Angi Inc.·4

Mar 3, 4:41 PM ET

Carson Bailey 4

Research Summary

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Angi (ANGI) COO Carson Bailey Converts RSUs; 1,505 Shares Withheld

What Happened

  • Carson Bailey, Chief Operating Officer of Angi Inc. (ANGI), had 5,000 restricted stock units (RSUs) convert into 5,000 shares on March 1, 2026. To cover tax withholding, 1,505 of those shares were surrendered at $7.78 per share for a total withholding value of $11,709. The filing shows a second derivative entry of 5,000 shares at $0, consistent with the conversion/cancellation reporting of RSUs (see footnotes).

Key Details

  • Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (report shows the Mar 1 transaction date).
  • Conversion: 5,000 RSUs converted into 5,000 shares (derivative exercise/conversion, code M).
  • Tax withholding: 1,505 shares withheld at $7.78/share = $11,709 (code F).
  • Net shares retained from this conversion: 3,495 shares (5,000 converted less 1,505 withheld).
  • Footnotes: F1 notes RSUs convert 1:1 into Class A common stock; F2 describes the original RSU grant (200,000 RSUs on Mar 1, 2024, vesting in four annual installments).
  • Shares owned after the transaction are not specified in the provided excerpt.
  • Filing timeliness: The Form 4 was filed two days after the transaction date; no late-filing indication is provided in the report excerpt.

Context

  • This was an RSU conversion with shares withheld for taxes, not an open-market purchase or sale. Such withholding is a routine administrative step and does not necessarily indicate buying or selling sentiment. For derivative-style entries: “M” indicates exercise/conversion of a derivative (here, RSUs converting into common shares); “F” denotes shares used to satisfy tax withholding.