Form 4: Angi Inc. Director Reports Stock Transactions Following RSU Vesting
SEC Form 4 Filing
Director Angela R. Hicks Bowman reports acquisition and disposal of Angi Inc. Class A common stock related to the vesting of restricted stock units.
Summary
- On March 1, 2025, Director Angela R. Hicks Bowman reported transactions involving Angi Inc. Class A common stock.
- These transactions are related to the vesting of restricted stock units (RSUs).
- 20,000 shares were acquired upon the vesting of RSUs granted on March 1, 2023.
- 10,000 shares were acquired upon the vesting of RSUs granted on March 1, 2024.
- 5,690 shares were withheld to cover taxes related to the vesting of the first set of RSUs at a price of $1.68.
- 2,845 shares were withheld to cover taxes related to the vesting of the second set of RSUs at a price of $1.68.
- Following these transactions, Bowman directly owns 256,027 shares of Angi Inc. Class A common stock.
- Bowman also holds 40,000 restricted stock units from the 2023 grant and 30,000 restricted stock units from the 2024 grant.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Positives
- The vesting of RSUs indicates continued service and alignment of the director's interests with the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine compensation-related activities.
Key Dates
| Date | Description |
|---|---|
| 03/01/2023 | Grant date of restricted stock units vesting in four equal installments. |
| 03/01/2024 | Grant date of restricted stock units vesting in four equal installments. |
| 03/01/2025 | Date of transactions involving acquisition and disposal of shares due to RSU vesting. |
| 03/03/2025 | Date of signature for the Form 4 filing. |
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