Form 4: Michael Eisner Reports Acquisition of IAC Inc. Shares

Michael Eisner, a director of IAC Inc., reported acquiring 232 shares of IAC common stock at $53.82 per share on September 30, 2024.

Summary

• Michael Eisner, a director of IAC Inc., filed a Form 4 on October 2, 2024, reporting a transaction in IAC common stock.
• On September 30, 2024, Eisner acquired 232 shares of IAC common stock at a price of $53.82 per share.
• These shares were acquired under the Non-Employee Director Deferred Compensation Plan.
• Following the transaction, Eisner directly owns 164,863 shares of IAC common stock, including shares held personally or through a trust and share units accrued under the compensation plan.
• Eisner also indirectly owns 40,555 shares through a trust where he is the trustee.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates