Form 4: Angi Inc. Chief Legal Officer Shannon Shaw Reports Stock Transactions
SEC Form 4 Filing
Chief Legal Officer Shannon Shaw reports the vesting of restricted stock units and subsequent stock transactions.
Summary
- On April 1, 2024, Shannon Shaw, Chief Legal Officer of Angi Inc., reported transactions involving Class A Common Stock.
- 107,751 shares were acquired upon the vesting of restricted stock units.
- 31,701 shares were withheld to cover tax obligations related to the vesting.
- Following these transactions, Shaw directly owns 429,706 shares of Angi Inc. Class A Common Stock and 107,752 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation, and does not inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The vesting of RSUs and subsequent tax withholding has a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/01/2022 | Date of grant for Restricted Stock Units (RSUs) that vest in three equal installments annually. |
| 04/01/2023 | First vesting date for 1/3 of the Restricted Stock Units. |
| 04/01/2024 | Date of transaction: Vesting of RSUs and withholding of shares for taxes. |
| 04/01/2025 | Final vesting date for 1/3 of the Restricted Stock Units. |
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