Form 4: Angi Inc. Director Glenn Schiffman Receives RSU Grant

Angi Inc. director Glenn Schiffman was granted 43,936 restricted stock units as part of his compensation package.

Summary

• Director Glenn Schiffman received a grant of 43,936 restricted stock units (RSUs) on June 10, 2026.
• Each RSU represents a contingent right to receive one share of Class A Common Stock.
• The units vest in three equal annual installments starting on the first anniversary of the grant date.
• Vested RSUs will be settled in a lump sum following the director's termination of service, per a deferral election.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation that carries no significant impact on the company's operational or financial outlook.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.

Negatives

• The grant results in potential future dilution for existing shareholders upon the eventual settlement of the RSUs.

Risks

• Continued service requirement for vesting creates a dependency on the director's ongoing tenure.

Future Outlook

The RSUs will vest in three equal annual installments, with settlement occurring as a lump sum following the director's termination of service.

Industry Context

StockSavvy.ai notes that equity grants to directors are standard corporate governance practice to ensure alignment between board members and shareholders, particularly in the technology and digital services sector.

Comparison to Industry Standards

• The use of three-year vesting schedules for director equity is consistent with standard corporate governance practices for publicly traded companies.
• Deferral of settlement until termination of service is a common practice for directors to manage tax implications and long-term alignment.

Stakeholder Impact

• Shareholders may experience minor dilution upon the eventual conversion of these RSUs into common stock.

Next Steps

• Vesting of the first installment of RSUs on June 10, 2027.

Key Dates

Keywords

Angi Inc, ANGI, Form 4, Insider Trading, Director Compensation, Restricted Stock Units