Form 4: ANGI Inc. Executive Kulesh Shanmugasundaram Reports Stock Transactions
SEC Form 4 Filing
Kulesh Shanmugasundaram, Chief Technology Officer of Angi Inc., reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On April 19, 2024, Kulesh Shanmugasundaram, Chief Technology Officer of Angi Inc., reported transactions involving Class A Common Stock.
- 12,707 shares were acquired upon the vesting of restricted stock units.
- 6,487 shares were withheld to cover tax obligations related to the vesting.
- Following these transactions, Shanmugasundaram directly owns 172,254 shares of Angi Inc. Class A Common Stock and 12,706 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC to ensure transparency and prevent insider trading.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/19/2022 | Commencement date of bi-annual vesting installments for restricted stock units. |
| 04/19/2024 | Date of transaction: vesting of restricted stock units and tax withholding. |
| 10/19/2024 | Ending date of bi-annual vesting installments for restricted stock units. |
| 04/22/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.