Form 4: IAC Inc. Director Bryan Lourd Reports Stock Acquisition from RSU Vesting
SEC Form 4 Filing
Director Bryan Lourd acquired 549 shares of IAC Inc. common stock on May 14, 2024, through the vesting of restricted stock units.
Summary
- On May 14, 2024, Bryan Lourd, a director of IAC Inc., acquired 549 shares of IAC common stock.
- The acquisition resulted from the vesting of restricted stock units.
- The price per share was $0.
- Following the transaction, Lourd directly owns 161,262 shares of IAC common stock, including shares and share units accrued under a deferred compensation plan.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine vesting of previously granted compensation.
Key Dates
| Date | Description |
|---|---|
| 05/14/2022 | First 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 IAC common stock. |
| 05/15/2024 | Date of report. |
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