Form 4: IAC Director Bryan Lourd Increases Stake Through Scheduled RSU Vesting

IAC Inc. Director Bryan Lourd has increased his beneficial ownership in the company by acquiring 1,257 shares of common stock through the scheduled vesting of restricted stock units.

Summary

• Bryan Lourd, a Director of IAC Inc., acquired 1,257 shares of IAC common stock on June 23, 2025.
• This acquisition resulted from the vesting of restricted stock units (RSUs), which were set to vest in equal installments on June 23, 2023, 2024, and 2025, contingent on his continued service.
• Following this transaction, Mr. Lourd's total beneficial ownership in IAC Inc. stands at 169,837 shares.
• His total beneficial ownership includes 46,173 shares held directly and 123,664 share units accrued under the Non-Employee Director Deferred Compensation Plan.
• The amount of unvested restricted stock units was adjusted to reflect the Angi Inc. spin-off, which IAC completed on March 31, 2025.

Sentiment

Score: 5

Explanation: The filing reports a standard vesting of restricted stock units for a director, which is a routine compensation event and does not inherently indicate positive or negative sentiment regarding the company's performance or outlook.

Positives

• Increased insider ownership: Bryan Lourd's beneficial ownership increased to 169,837 shares, which can signal alignment of interests with shareholders.
• Routine compensation: The vesting of restricted stock units is a standard component of director compensation, indicating continued service and commitment to the company.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Increased alignment with the director's interests due to higher beneficial ownership.

Key Dates

Keywords

SEC Form 4, insider transaction, restricted stock units, RSU vesting, IAC Inc., Bryan Lourd, director compensation, beneficial ownership, Angi spin-off