Form 4: Angi Inc. Director Jeremy Philips Converts Restricted Stock Units to Common Shares

Angi Inc. Director Jeremy Philips has converted 2,580 restricted stock units into Class A Common Stock, increasing his direct beneficial ownership.

Summary

• Jeremy Philips, a Director at Angi Inc., acquired 2,580 shares of Class A Common Stock on June 20, 2025.
• This acquisition resulted from the conversion of 2,580 Restricted Stock Units (RSUs) on a one-for-one basis.
• Following this transaction, Mr. Philips directly beneficially owns 12,207 shares of Class A Common Stock.
• He continues to hold 2,580 Restricted Stock Units, which are part of a grant that vests in equal installments over three years from the grant date of June 20, 2023, subject to continued service.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as a director is increasing their direct ownership in the company through the conversion of equity awards, which is a routine and generally favorable event for shareholders.

Positives

• The conversion of Restricted Stock Units into common stock increases the director's direct equity stake in Angi Inc., aligning his interests more closely with shareholders.
• This transaction reflects a routine compensation-related event, indicating the vesting and exercise of previously granted equity awards.

Negatives

• No inherently negative information is presented in this routine insider transaction report.

Risks

• No specific risks are mentioned in this Form 4 filing, as it primarily reports a change in beneficial ownership.

Future Outlook

The remaining 2,580 Restricted Stock Units held by Jeremy Philips are scheduled to vest in equal installments over three years from their grant date of June 20, 2023, contingent upon his continued service to the company.

Industry Context

This Form 4 filing is a standard disclosure of an insider's equity transaction, common across all publicly traded companies. It does not provide information specific to broader industry trends or competitive landscape within the home services or online marketplace sectors where Angi Inc. operates.

Stakeholder Impact

• Shareholders: The increase in a director's direct ownership may be viewed positively as it aligns the director's interests more closely with those of shareholders.

Next Steps

• Continued vesting of the remaining 2,580 Restricted Stock Units held by Jeremy Philips on the anniversary of the June 20, 2023 grant date, subject to continued service.

Key Dates

Keywords

Angi Inc., ANGI, Jeremy Philips, Form 4, SEC filing, insider transaction, restricted stock units, RSU conversion, Class A Common Stock, beneficial ownership, director stock ownership