Form 4: IAC Inc. Director Bryan Lourd Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Bryan Lourd reports acquiring 257 shares of IAC Inc. common stock through the Non-Employee Director Deferred Compensation Plan.
Summary
- On March 31, 2024, Bryan Lourd, a director of IAC Inc., acquired 257 shares of common stock at a price of $53.34 per share.
- The acquisition was made through the Non-Employee Director Deferred Compensation Plan.
- Following the transaction, Lourd directly owns 160,713 shares, which includes 38,322 shares of IAC common stock held directly and 122,391 share units accrued under the Non-Employee Director Deferred Compensation Plan.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a director's stock acquisition, so the sentiment is neutral.
Positives
- The director's participation in the Non-Employee Director Deferred Compensation Plan demonstrates a commitment to the company's long-term success.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it represents a small change in the director's holdings.
Key Dates
| Date | Description |
|---|---|
| 03/31/2024 | Date of transaction: Acquisition of 257 shares of IAC Inc. common stock. |
| 04/02/2024 | Date of report filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.