Form 4: IAC Inc. Director Alexander Von Furstenberg Reports Stock Acquisition from RSU Vesting
SEC Form 4 Filing
Director Alexander Von Furstenberg acquired 549 shares of IAC Inc. common stock on May 14, 2024, through the vesting of restricted stock units.
Summary
- On May 14, 2024, Alexander Von Furstenberg, a director of IAC Inc., acquired 549 shares of IAC common stock.
- The acquisition resulted from the vesting of restricted stock units.
- Following the transaction, Von Furstenberg directly owns 96,408 shares of IAC common stock, which includes 78,989 shares held directly and 17,419 share units accrued under IAC's Non-Employee Director Deferred Compensation Plans.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through existing compensation plans.
Key Dates
| Date | Description |
|---|---|
| 05/14/2022 | Date that restricted stock units vested/vest in equal installments |
| 05/14/2023 | Date that restricted stock units vested/vest in equal installments |
| 05/14/2024 | Date of transaction: acquisition of 549 shares of IAC common stock through RSU vesting |
| 05/15/2024 | Date of report |
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