Form 4: Angi Inc. Executive Shannon Shaw Reports Stock Transactions
SEC Form 4 Filing
Chief Legal Officer Shannon Shaw reports acquisition of 10,775 shares and disposal of 3,165 shares of Angi Inc. Class A common stock on April 1, 2025, related to vesting of restricted stock units.
Summary
- On April 1, 2025, Shannon Shaw, Chief Legal Officer of Angi Inc., reported transactions involving Angi Inc. Class A common stock.
- Shaw acquired 10,775 shares upon the vesting of restricted stock units.
- 3,165 shares were disposed of to cover tax obligations related to the vesting of these units at a price of $14.7 per share.
- Following these transactions, Shaw directly owns 53,089 shares of Angi Inc. Class A common stock.
- The restricted stock units were granted on April 1, 2022, under the Angi Inc. 2017 Stock and Annual Incentive Plan and vest in three equal annual installments.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects routine stock transactions by an executive. There are no indications of positive or negative implications for the company's performance.
Positives
- The vesting of restricted stock units indicates a continued commitment to Angi Inc. by its Chief Legal Officer.
Future Outlook
The document does not contain any specific forward-looking statements regarding Angi Inc.'s future performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice and provides transparency to investors.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/01/2022 | Date of grant for restricted stock units, vesting in three equal installments annually. |
| 04/01/2023 | First vesting date of the restricted stock units. |
| 04/01/2025 | Date of reported transactions: acquisition of 10,775 shares and disposal of 3,165 shares. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Angi Inc., Shannon Shaw, Class A Common Stock, Restricted Stock Units, Form 4, Vesting, Insider Trading, SEC, Chief Legal Officer
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