Angi (NASDAQ: ANGI) expands 2017 stock plan and re-elects Class II directors
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Angi Inc. reported results from its annual stockholder meeting and changes to its long-term incentive plan. Stockholders approved an amended and restated 2017 Stock and Annual Incentive Plan, increasing the shares of Class A common stock available under the plan by 2,400,000 shares and extending its term to 2036.
The revised plan adds a minimum vesting requirement, caps annual compensation for non-employee directors, tightens share recycling rules, limits dividends and dividend equivalents, and clarifies treatment of performance stock units upon a change in control. Three Class II directors were re-elected, and Ernst & Young LLP was ratified as independent auditor for the 2026 fiscal year.
Positive
- None.
Negative
- None.
8-K Event Classification
3 items: 5.02, 5.07, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Plan share increase: 2,400,000 shares
Shares outstanding: 40,522,947 shares
Plan term extension: to 2036
+5 more
8 metrics
Plan share increase
2,400,000 shares
Additional Angi Class A shares issuable under 2017 Stock Plan
Shares outstanding
40,522,947 shares
Class A common stock outstanding and entitled to vote as of April 14, 2026
Plan term extension
to 2036
2017 Stock Plan term extended by 10 years
Stock plan approval votes for
27,395,763 votes
Votes in favor of amended 2017 Stock Plan
Stock plan votes against
1,133,031 votes
Votes against amended 2017 Stock Plan
Auditor ratification votes for
32,462,993 votes
In favor of Ernst & Young LLP as 2026 auditor
Buchanan votes for
24,234,693 votes
For election of director Sandra Buchanan
Pickett Jr. votes for
27,635,782 votes
For election of director Thomas C. Pickett Jr.
Key Terms
2017 Stock Plan, minimum vesting requirement, share recycling, change in control, +2 more
6 terms
2017 Stock Plan financial
"approved the amendment and restatement of the Amended and Restated Angi Inc. 2017 Stock and Annual Incentive Plan (as so amended and restated, the “2017 Stock Plan”)."
minimum vesting requirement financial
"add a minimum vesting requirement; include a limitation on the amount of compensation payable"
change in control financial
"add a default treatment of performance stock units in connection with a change in control; limit dividend"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
broker non-vote regulatory
"FOR | AGAINST | ABSTAIN | BROKER NON-VOTE 27,395,763 | 1,133,031 | 207,849 | 4,329,130"
independent registered public accounting firm financial
"ratify the appointment of Ernst & Young LLP as Angi’s independent registered public accounting firm for the 2026 fiscal year."
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
FAQ
What did Angi (ANGI) stockholders approve regarding the 2017 Stock Plan?
Stockholders approved an amended and restated 2017 Stock and Annual Incentive Plan. The plan increases available Angi Class A shares by 2,400,000, adds a minimum vesting requirement, tightens share recycling, limits dividends, and extends the plan term to 2036 with updated governance features.
Which directors were elected at Angi’s 2026 annual stockholder meeting?
Stockholders elected three Class II directors: Sandra Buchanan, Thomas C. Pickett Jr., and Glenn H. Schiffman. Each will serve until the 2029 annual meeting, or earlier resignation or removal, in line with Angi’s classified board structure outlined in the meeting materials.
What were the voting results for Angi’s 2017 Stock Plan approval?
The amended 2017 Stock Plan received 27,395,763 votes for, 1,133,031 against, and 207,849 abstentions, with 4,329,130 broker non-votes. These totals show clear stockholder support for increasing share reserves and updating incentive plan terms and governance limits.
Who is Angi’s independent auditor for the 2026 fiscal year?
Ernst & Young LLP was ratified as Angi’s independent registered public accounting firm for the 2026 fiscal year. The ratification vote totaled 32,462,993 for, 469,719 against, and 133,061 abstentions, with no broker non-votes recorded on this proposal.
How did stockholders vote on Angi’s Class II director nominees?
For Class II seats, Sandra Buchanan received 24,234,693 for and 4,501,950 withhold votes, Thomas C. Pickett Jr. received 27,635,782 for and 1,100,861 withhold votes, and Glenn H. Schiffman received 20,722,477 for and 8,014,166 withhold votes, plus 4,329,130 broker non-votes each.