IAC.NASDAQIac INC

Form 4: IAC Inc. Director Bryan Lourd Reports Acquisition of Common Stock

Sentiment:

SEC Form 4 Filing


📋All filings for Iac INC

Director Bryan Lourd reports acquiring 348 shares of IAC Inc. common stock through the Non-Employee Director Deferred Compensation Plan.

Summary

  • On December 31, 2024, Bryan Lourd, a director of IAC Inc., acquired 348 shares of common stock at a price of $43.14 per share.
  • The acquisition was made under the Non-Employee Director Deferred Compensation Plan.
  • Following the transaction, Lourd directly owns 41,230 shares and indirectly owns 123,338 share units accrued under the Non-Employee Director Deferred Compensation Plan, resulting in a total beneficial ownership of 164,568 shares.
  • The report was filed on January 3, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it is a routine disclosure of a director's stock acquisition. It doesn't indicate any significant positive or negative implications for the company.

Positives

  • The director's participation in the Non-Employee Director Deferred Compensation Plan demonstrates confidence in the company's future.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and assess management's alignment with shareholder interests.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding insider activity.

Key Dates

DateDescription
12/31/2024Date of transaction: Bryan Lourd acquired 348 shares of IAC Inc. common stock.
01/03/2025Date of filing: Form 4 was filed on January 3, 2025.

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