ANGI.NASDAQAngi INC

Form 4: Angi Inc. Director Suzy Welch Reports Stock Transactions

Sentiment:

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

DateDescription
06/09/2021Grant date of restricted stock units vesting on June 9, 2024.
06/08/2022Grant date of restricted stock units vesting on June 8, 2024.
06/08/2023First vesting anniversary of restricted stock units granted on June 8, 2022.
06/08/2024Vesting of 15,151 shares of Class A Common Stock from restricted stock units.
06/09/2024Vesting of 5,931 shares of Class A Common Stock from restricted stock units.
06/08/2025Final vesting anniversary of restricted stock units granted on June 8, 2022.
06/12/2024Date of Form 4 filing.

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