Form 4: IAC Inc. Director Bonnie Hammer Reports Stock Vesting
SEC Form 4 Filing
Director Bonnie Hammer reports the vesting of restricted stock units into IAC Inc. common stock.
Summary
- On May 14, 2024, Bonnie Hammer, a director of IAC Inc., reported the vesting of 549 restricted stock units, which converted into 549 shares of IAC common stock.
- The shares were acquired at a price of $0 per share.
- Following the transaction, Hammer directly owns 27,419 shares of IAC common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock vesting, neither particularly positive nor negative.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a small change in the director's holdings.
Key Dates
| Date | Description |
|---|---|
| 05/14/2022 | Initial vesting date of restricted stock units. |
| 05/14/2023 | Second vesting date of restricted stock units. |
| 05/14/2024 | Date of transaction: Vesting of restricted stock units and acquisition of common stock. |
| 05/15/2024 | Date of report filing. |
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