4/A: IAC Director's Ownership Updated Post-Angi Spin-Off

An amended SEC filing details IAC Director Alexander Von Furstenberg's updated beneficial ownership following the Angi Inc. spin-off.

Summary

• Alexander Von Furstenberg, a Director at IAC Inc., filed an amendment to his Statement of Changes in Beneficial Ownership (Form 4/A).
• The filing updates the amount of share units accrued under the Non-Employee Director Deferred Compensation Plan (Deferred Shares) to reflect adjustments following the Angi Inc. spin-off.
• IAC completed the spin-off of its ownership in Angi Inc. on March 31, 2025, through a special dividend of Class A Common Stock to its shareholders.
• Following the reported transaction(s), Mr. Von Furstenberg beneficially owns a total of 106,177 shares of IAC common stock.
• This total includes 85,034 shares held directly and 21,143 Deferred Shares.

Sentiment

Score: 5

Explanation: The filing is a factual report of beneficial ownership adjustments following a corporate spin-off, containing no inherently positive or negative operational or financial news.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of insider ownership changes, specifically an adjustment following a corporate spin-off. It reflects the administrative process of updating beneficial ownership records after a significant corporate event like a spin-off, which distributes shares of a subsidiary to parent company shareholders.

Stakeholder Impact

• Shareholders: Provides transparency regarding a director's updated holdings post-spin-off, which is standard regulatory disclosure.

Key Dates

Keywords

SEC filing, beneficial ownership, director holdings, IAC Inc., Angi Inc., spin-off, Form 4/A, equity securities, deferred compensation