Buchanan Sandra M 4
Research Summary
AI-generated summary
Angi (ANGI) Director Sandra M Buchanan Receives 43,936-Share Award
What Happened
- Sandra M. Buchanan, a director of Angi Inc. (ANGI), was granted 43,936 restricted stock units (RSUs) on 2026-06-10. The award is reported as a derivative grant (code A) with a reported price of $0.00 (no cash paid). Each RSU represents a contingent right to receive one share of Class A common stock (see footnote F1).
Key Details
- Transaction date: 2026-06-10; Filing date: 2026-06-12 (appears timely under Form 4 rules).
- Grant size and price: 43,936 RSUs granted at $0.00 (derivative award).
- Shares owned after transaction: Not disclosed in the provided summary filing.
- Vesting and settlement: RSUs vest in three equal annual installments beginning on the first anniversary of the grant date (footnote F2). Per the reporting person's deferral election, any vested RSUs will be settled in a lump sum following termination of service.
- Transaction type: Award/Grant (compensation), not a market purchase or sale.
Context
- RSU grants are common director compensation and represent a future right to shares if vesting conditions are met; they are not an immediate cash purchase or sale. Because of the deferral election and typical compensation nature of RSUs, this transaction should be viewed as compensation-related rather than a direct market signal by the insider.