Form 4: Angel Studios Director Robert Gay Reports Stock Transactions

Angel Studios, Inc. Director Robert C. Gay reported a disposition of 5,296 shares of Class A Common Stock on May 22, 2026, following the vesting of Restricted Stock Units.

Summary

• Robert C. Gay, a Director at Angel Studios, Inc. (ANGX), reported a transaction on May 22, 2026.
• The transaction involved the disposition of 5,296 shares of Class A Common Stock.
• These shares were acquired through the vesting of Restricted Stock Units (RSUs) under the Issuer's 2025 Long-Term Incentive Plan.
• The RSUs were awarded on October 23, 2025, and vest in quarterly increments over one year.
• Following this transaction, Robert C. Gay beneficially owns 5,297 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine insider transaction related to equity compensation rather than a significant strategic or financial event.

Positives

• Director Robert C. Gay continues to hold a beneficial ownership of 5,297 shares of Class A Common Stock after the reported transaction.
• The vesting of RSUs indicates the fulfillment of performance or service conditions tied to the incentive plan.

Negatives

• A disposition of 5,296 shares of Class A Common Stock was reported by Director Robert C. Gay.

Future Outlook

The filing does not contain forward-looking statements or guidance regarding future financial performance or strategic initiatives.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings and activities of company directors and officers. This specific filing details a common event related to equity compensation plans.

Stakeholder Impact

• Shareholders gain insight into director stock activity, which can inform their investment decisions.
• Employees may observe the mechanics of the company's long-term incentive plan.

Key Dates

Keywords

SEC Form 4, Angel Studios, ANGX, Robert C. Gay, Director, Class A Common Stock, Restricted Stock Units, RSUs, Beneficial Ownership, Stock Transaction