Form 4: IAC Inc. Vice Chairman Victor Kaufman Reports Stock Transactions
SEC Form 4 Filing
Victor Kaufman, Vice Chairman of IAC Inc., reports acquisition and disposal of common stock related to vesting of restricted stock units.
Summary
- On February 15, 2025, Victor Kaufman, Vice Chairman of IAC Inc., acquired 27,752 shares of IAC common stock upon the vesting of restricted stock units.
- On the same day, 11,081 shares were withheld to cover tax obligations related to the vesting.
- Following these transactions, Kaufman directly owns 88,617 shares of IAC common stock.
- He also holds 5,910 restricted stock units that vest in three equal installments starting February 6, 2026.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 02/06/2025 | Grant date of restricted stock units vesting in three equal installments. |
| 02/15/2025 | Vesting of 27,752 restricted stock units and withholding of 11,081 shares for taxes. |
| 02/06/2026 | First anniversary of restricted stock unit grant date; first vesting installment. |
| 02/06/2028 | Third anniversary of restricted stock unit grant date; final vesting installment. |
| 02/19/2025 | Date of Form 4 filing. |
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