Form 4: Angi Inc. Director Suzy Welch Reports Stock Transactions
SEC Form 4
Director Suzy Welch reported the vesting of restricted stock units and acquisition of Class A Common Stock in Angi Inc.
Summary
- On June 8, 2024, Suzy Welch, a director of Angi Inc., acquired 15,151 shares of Class A Common Stock upon the vesting of restricted stock units.
- These restricted stock units were granted on June 8, 2022, and vest in equal installments over three years.
- Following this transaction, Welch directly owns 117,354 shares of Class A Common Stock.
- On June 9, 2024, Welch acquired 5,931 shares of Class A Common Stock upon the vesting of restricted stock units.
- These restricted stock units were granted on June 9, 2021, and vest in equal installments over three years.
- Following this transaction, Welch directly owns 123,285 shares of Class A Common Stock.
- Welch also holds 15,152 restricted stock units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports routine stock transactions related to vesting of restricted stock units.
Positives
- The vesting of restricted stock units indicates that Welch has met the service requirements associated with the grants.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they represent a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 06/09/2021 | Grant date of restricted stock units vesting on June 9, 2024. |
| 06/08/2022 | Grant date of restricted stock units vesting on June 8, 2024. |
| 06/08/2023 | First vesting anniversary of restricted stock units granted on June 8, 2022. |
| 06/08/2024 | Vesting of 15,151 shares of Class A Common Stock from restricted stock units. |
| 06/09/2024 | Vesting of 5,931 shares of Class A Common Stock from restricted stock units. |
| 06/08/2025 | Final vesting anniversary of restricted stock units granted on June 8, 2022. |
| 06/12/2024 | Date of Form 4 filing. |
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