Hicks Bowman Angela R. 4
Research Summary
AI-generated summary
ANGI Director Angela Hicks Bowman Receives 6,000 Shares
What Happened
- Angela R. Hicks Bowman, a director of Angi Inc. (ANGI), had restricted stock units (RSUs) convert into common stock on March 1, 2026. A total of 6,000 shares were issued on conversion.
- To satisfy tax withholding, 852 shares were withheld at $7.78 per share (total withheld ≈ $6,629). Net shares issued to her after withholding were 5,148.
- This was not an open‑market purchase or sale but a routine vesting/conversion of equity awards (derivative conversion), not a cash purchase.
Key Details
- Transaction date: 2026-03-01; Form 4 filed: 2026-03-03 (filed timely).
- Conversion entries recorded as "M" (exercise/conversion of derivative); withholding recorded as "F" (payment of tax liability) — 568 shares and 284 shares withheld at $7.78/share.
- Gross shares converted: 6,000; shares withheld for taxes: 852; net shares received: 5,148.
- Footnotes: F1 notes RSUs convert one-for-one into Class A Common Stock. F2 and F3 describe the original RSU grants (grants on Mar 1, 2023 and Mar 1, 2024 with multi-year vesting schedules).
- Filing does not list total shares owned after the transaction in the provided excerpt.
Context
- This transaction reflects RSU vesting/conversion. The withheld shares are a standard tax-withholding mechanism and do not indicate a market sale decision by the insider.
- For retail investors, awards vesting are common compensation events and are informational about insider compensation rather than a direct bullish or bearish signal.