ANGI insider: 27,084 RSUs awarded to Chief Legal Officer with 2027-2029 vesting
Rhea-AI Filing Summary
Shannon Shaw, Chief Legal Officer of Angi Inc. (ANGI), received a grant of 27,084 restricted stock units (RSUs) on 09/17/2025. Each RSU represents the right to one share of Class A common stock and will convert to shares upon vesting. The award vests in three tranches: approximately 29% on March 1, 2027, 29% on March 1, 2028, and 42% on March 1, 2029, contingent on continued service. Following the grant, Ms. Shaw beneficially owns 27,084 shares of Class A common stock on a direct basis. The RSUs have no exercise price and are reported as derivative securities tied to underlying common stock.
Positive
- Grant of 27,084 RSUs aligns the Chief Legal Officer with shareholder interests through equity-based compensation
- Clear vesting schedule with specific tranche dates (29%/29%/42%) provides transparent retention incentives
Negative
- None.
Insights
TL;DR: Standard executive equity grant with multi-year vesting to retain a senior officer; not immediately dilutive until settlement.
The award of 27,084 RSUs to the Chief Legal Officer follows common retention-oriented compensation practices: time-based vesting over roughly four years with increasing final tranche weight. The instrument is an RSU converting one-for-one into Class A common stock upon vesting, carries no cash exercise price, and is held directly. For governance review, key points are service-based vesting conditions and the multi-year schedule aligning executive incentives with company performance and retention.
TL;DR: Modest-sized equity grant to an officer; unlikely to materially affect outstanding shares but worth noting for insider alignment.
From a securities perspective, 27,084 RSUs is a limited issuance relative to most public company floats; the report shows direct beneficial ownership post-grant. The vesting timetable (29%/29%/42%) indicates back-loaded vesting, which concentrates potential share issuance later in the period. No exercise price is associated, consistent with restricted stock units rather than options. This disclosure is routine insider compensation reporting under Section 16.
FAQ
What equity award did Angi Inc. (ANGI) Chief Legal Officer receive?
When do the RSUs vest for Shannon Shaw?
How many shares does Shannon Shaw beneficially own after the reported transaction?
Do the RSUs have an exercise price?
What is the relationship of the reporting person to Angi Inc.?