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 March 25, 2025, Kulesh Shanmugasundaram, Chief Technology Officer of Angi Inc., reported transactions involving Class A Common Stock.
- 3,620 shares were acquired upon the vesting of restricted stock units.
- 1,848 shares were disposed of to cover tax obligations related to the vesting.
- Following these transactions, Shanmugasundaram directly owns 43,243 shares of Angi Inc. Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/25/2022 | Commencement date of restricted stock units vesting in four equal annual installments. |
| 03/25/2025 | Date of transaction: vesting of restricted stock units and tax withholding. |
| 03/25/2025 | Final vesting date of restricted stock units. |
| 03/27/2025 | Date of Form 4 filing. |
Keywords
Form 4, ANGI, Insider Trading, Stock Transaction, Restricted Stock Units, Beneficial Ownership, Shanmugasundaram, Kulesh, Angi Inc., CTO
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