4/A: Angi Inc. Executive Glenn Orchard Reports Changes in Beneficial Ownership
SEC Form 4/A (Amendment to Statement of Changes in Beneficial Ownership)
Glenn Orchard, Chief Growth Officer of Angi Inc., reports the vesting of restricted stock units and subsequent tax withholding, resulting in changes to his beneficial ownership of Class A common stock.
Summary
- On January 1, 2025, Glenn Orchard, Chief Growth Officer of Angi Inc., had restricted stock units vest, resulting in the acquisition of 87,500 shares of Class A common stock.
- 47,766 shares of Class A common stock were withheld to cover taxes due in connection with the vesting of the restricted stock units.
- Following these transactions, Orchard directly owns 39,734 shares of Class A common stock.
- Orchard also directly owns 262,500 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment.
Future Outlook
The reporting person's holdings will change as restricted stock units continue to vest, subject to continued service.
Industry Context
This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 01/01/2024 | Anniversary of the grant date for restricted stock units, which vest in four equal installments. |
| 01/01/2025 | Date of transaction: vesting of restricted stock units and tax withholding. |
| 01/03/2025 | Date of original filing (amended by this filing). |
| 01/01/2028 | Expiration date of restricted stock units. |
| 02/19/2025 | Date of signature for the report. |
Keywords
ANGI, Form 4, Beneficial Ownership, Glenn Orchard, Restricted Stock Units, Class A Common Stock, Vesting, Tax Withholding
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