ANGI.NASDAQAngi INC

Form 4: Angi CAO Julie Gosal Converts RSUs, Sells for Tax

Sentiment:

Insider Transaction Report


Angi's Chief Accounting Officer, Julie Gosal, converted restricted stock units into Class A Common Stock and sold a portion for tax withholding.

Summary

  • Julie Gosal, Angi Inc.'s Chief Accounting Officer (CAO), reported a transaction involving Class A Common Stock.
  • On November 1, 2025, 10,638 restricted stock units (RSUs) converted into Class A Common Stock on a one-for-one basis.
  • Concurrently, 3,835 shares of Class A Common Stock were disposed of at a price of $13.27 per share to cover tax withholding obligations.
  • Following these transactions, Julie Gosal beneficially owns 6,803 shares of Class A Common Stock directly.
  • Additionally, 21,276 derivative securities (Restricted Stock Units) are beneficially owned directly.
  • The RSUs originated from a grant on November 1, 2024, for 319,149 units (pre-reverse stock split basis), vesting in three equal annual installments subject to continued service.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as it reflects a routine compensation event for a key executive, indicating continued service and the vesting of equity. The sale of shares is for tax purposes and is a standard practice, not indicative of a negative outlook.

Positives

  • The vesting of restricted stock units indicates the fulfillment of compensation agreements and continued service by a key executive.
  • The executive retains a significant number of shares and unvested RSUs, aligning her interests with shareholders.

Negatives

  • A portion of the vested shares was sold, reducing the executive's direct equity ownership, although this was for tax purposes.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

  • Shareholders: The transaction is a routine executive compensation event and is unlikely to have a significant direct impact on shareholders beyond the minor dilution from RSU conversion, which is already factored into compensation plans.
  • Employees: No direct impact on employees is indicated by this filing.

Next Steps

  • Future annual installments of the restricted stock units are expected to vest, subject to continued service.

Key Dates

DateDescription
11/01/2024Grant date of 319,149 restricted stock units (pre-reverse stock split basis) to the reporting person, vesting in three equal annual installments.
11/01/2025Date of transaction where 10,638 restricted stock units converted into Class A Common Stock and 3,835 shares were disposed for tax withholding.
11/05/2025Signature date of the reporting person's attorney-in-fact for the Form 4 filing.

Recommendation

hold

This Form 4 filing details a routine insider transaction involving the vesting of restricted stock units and a subsequent sale of shares for tax purposes by a Chief Accounting Officer. Such transactions are standard compensation events and do not typically provide new fundamental information that would warrant a change in investment recommendation. The executive continues to hold a substantial number of shares and unvested units, aligning her interests with the company's performance. Therefore, a 'hold' recommendation is appropriate as this filing does not present new catalysts for a 'buy' or 'sell' decision.

Keywords

Angi, ANGI, Insider Transaction, Form 4, Restricted Stock Units, RSU Conversion, Stock Sale, Executive Compensation, Julie Gosal

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