Angi Inc. (ANGI) grants director 40,257 RSUs vesting over three years
Rhea-AI Filing Summary
Steib Michael F reported acquisition or exercise transactions in this Form 4 filing.
Angi Inc. reported that director Michael F. Steib received a grant of 40,257 Restricted Stock Units, each representing a contingent right to one share of Class A Common Stock. The RSUs vest in three equal annual installments beginning on 8/4/2026, subject to continued service, leaving him with 40,257 directly held units tied to Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Steib Michael F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 40,257 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 40,257 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F2. The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date (8/4/2026), subject to continued service through each vesting date.
Key Figures
RSUs granted: 40,257 shares
Transaction price per share: 0.0000 per share
Underlying shares: 40,257 shares
+2 more
5 metrics
RSUs granted
40,257 shares
Restricted Stock Units granted on 2026-08-04 to director Michael F. Steib
Transaction price per share
0.0000 per share
Reported price per Restricted Stock Unit in the grant
Underlying shares
40,257 shares
Each RSU represents a contingent right to one share of Class A Common Stock
Holdings after transaction
40,257 units
Total Restricted Stock Units held directly following the reported grant
Vesting installments
3 annual installments
RSUs vest in three equal annual installments beginning 8/4/2026
Key Terms
Restricted Stock Units, Class A Common Stock, vesting, contingent right
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"right to receive one share of Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vesting financial
"The restricted stock units vest in three equal annual installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did Angi (ANGI) grant to Michael F. Steib?
Angi granted Michael F. Steib 40,257 Restricted Stock Units, each representing a contingent right to receive one share of Class A Common Stock. This award is compensation-related and reported as an acquisition of derivative securities on the Form 4.
What is the vesting schedule of Michael F. Steib’s Angi (ANGI) RSUs?
The RSUs vest in three equal annual installments beginning on 8/4/2026. Vesting on each date is subject to continued service through that vesting date, meaning unvested units could be forfeited if service ends earlier.
Is the reported Angi (ANGI) Form 4 transaction a purchase or a grant?
The Form 4 shows a grant/award acquisition of 40,257 Restricted Stock Units, coded as transaction type “A.” It is a compensation-related equity award, not an open-market purchase or sale of Angi Class A Common Stock.
What is Michael F. Steib’s role at Angi (ANGI) in this filing?
Michael F. Steib is reported as a director of Angi Inc. in this Form 4. The filing records equity-based compensation to him in the form of Restricted Stock Units tied to Angi’s Class A Common Stock.