Form 4: Chelsea Clinton Reports Stock Vesting in IAC Inc.

Chelsea Clinton, a director at IAC Inc., reports the vesting of restricted stock units and subsequent acquisition of IAC common stock.

Summary

• On June 23, 2024, Chelsea Clinton, a director of IAC Inc., had 1,034 restricted stock units vest.
• These units converted into 1,034 shares of IAC common stock.
• Following this transaction, Ms. Clinton directly owns 74,993 shares of IAC common stock, which includes 46,895 shares held directly and 28,098 share units accrued under the Non-Employee Director Deferred Compensation Plan.
• The restricted stock units vested in equal installments on June 23, 2023, June 23, 2024, and will vest on June 23, 2025, subject to continued service.

Sentiment

Score: 5

Explanation: This is a neutral event, reflecting routine stock vesting. It doesn't indicate positive or negative performance for the company.

Future Outlook

The reporting person will continue to vest in restricted stock units subject to continued service through June 23, 2025.

Industry Context

This filing is a routine disclosure of stock vesting for a company director, common in publicly traded companies to ensure transparency and compliance with SEC regulations.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine vesting of stock options.

Key Dates