Orchard Glenn 4

What Happened

• Orchard Glenn, Chief Growth Officer of Angi Inc. (ANGI), was granted 24,388 restricted stock units (RSUs) on March 26, 2026. The Form 4 reports the acquisition as a derivative award (transaction code A) at $0.00 per unit, meaning no cash was paid at grant.

Key Details

• Transaction date: 2026-03-26; Form filed: 2026-03-30.
• Grant quantity and price: 24,388 RSUs acquired at $0.00 (award/derivative).
• Shares owned after transaction: Not specified in this filing.
• Footnotes: F1 — each RSU represents a contingent right to one share of Class A common stock; F2 — the RSUs vest in one installment on March 1, 2027, subject to Glenn’s continued service on the vesting date.
• Filing timeliness: Form filed on Mar 30; the filing shows the grant date and filing date but does not indicate a tardiness code in the provided data.

Context

• RSU grants are compensation awards, not open-market purchases or sales. They have no immediate cash proceeds; value is realized only if/when RSUs vest and convert to shares (then worth the market price at that time). This transaction is routine executive compensation and should be viewed differently from a purchase (potential bullish signal) or a sale (liquidity/portfolio action).