Form 4: Angi Inc. Director Sandra Hurse Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Sandra Hurse reports the acquisition of 118,483 restricted stock units in Angi Inc.
Summary
- Sandra Hurse, a director of Angi Inc., reported the acquisition of 118,483 restricted stock units (RSUs) on June 12, 2024.
- These RSUs vest in equal installments over three years from the grant date, contingent upon continued service.
- Vested RSUs will be settled in a lump sum following termination of service, according to Hurse's deferral election.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance, only details about the vesting schedule of the restricted stock units.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency regarding the equity-based compensation awarded to directors.
Stakeholder Impact
- The grant of RSUs aligns the director's interests with those of the shareholders, as the value of the RSUs is tied to the company's stock performance.
Key Dates
| Date | Description |
|---|---|
| 06/12/2024 | Date of transaction: acquisition of restricted stock units. |
| 06/12/2024 | Grant date of restricted stock units; first vesting date. |
| 06/12/2025 | First anniversary of the grant date, first vesting installment. |
| 06/12/2027 | Final vesting date for the restricted stock units. |
| 06/13/2024 | Date of signature by Attorney-in-Fact. |
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