Angi (ANGI) director Thomas Evans granted 43,936 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Evans Thomas R reported acquisition or exercise transactions in this Form 4 filing.
Angi Inc. director Thomas R. Evans received a grant of 43,936 restricted stock units (RSUs). Each RSU represents a right to receive one share of Angi Class A common stock. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, subject to continued service, and will be settled in a lump sum after his service ends due to a deferral election.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Evans Thomas R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 43,936 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 43,936 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date, subject to continued service through each vesting date. Pursuant to the reporting person's deferral election, any vested RSUs will be settled in a lump sum following termination of service.
Key Figures
RSUs granted: 43,936 units
Underlying shares: 43,936 shares
Price per unit: $0.00
+1 more
4 metrics
RSUs granted
43,936 units
Restricted stock unit award to director Thomas R. Evans
Underlying shares
43,936 shares
Class A Common Stock deliverable upon RSU settlement
Price per unit
$0.00
Equity compensation grant, no cash paid for RSUs
Holdings after grant
43,936 derivative units
Total restricted stock units held following this transaction
Key Terms
Restricted Stock Units, Class A Common Stock, deferral election, vest
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock."
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
"Each restricted stock unit represents a contingent 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.
deferral election financial
"Pursuant to the reporting person's deferral election, any vested RSUs will be settled in a lump sum following termination of service."
vest financial
"The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date, subject to continued service through each vesting date."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did Angi (ANGI) director Thomas R. Evans report in this Form 4?
Thomas R. Evans reported receiving 43,936 restricted stock units as equity compensation. These RSUs give him the right to receive an equal number of Angi Class A common shares, subject to future vesting and settlement conditions tied to his continued service.
How many Angi (ANGI) restricted stock units were granted to Thomas R. Evans?
He was granted 43,936 restricted stock units. Each unit represents a contingent right to receive one share of Angi Class A common stock, so this award corresponds to 43,936 potential shares if all vesting and settlement conditions are ultimately satisfied.
What are the vesting terms of Thomas R. Evans’s Angi (ANGI) RSU grant?
The 43,936 restricted stock units vest in three equal annual installments. Vesting begins on the first anniversary of the grant date, and Evans must remain in service with Angi through each vesting date for the corresponding portion of the RSUs to vest.
What does each Angi (ANGI) restricted stock unit represent for Thomas R. Evans?
Each restricted stock unit represents a contingent right to receive one share of Angi Class A common stock. The right becomes actual share ownership only if the unit vests under the service-based schedule and is later settled in shares according to the deferred settlement terms.
Is Thomas R. Evans’s RSU grant on Angi (ANGI) an open-market purchase or sale?
No, this transaction is a grant of restricted stock units as compensation, not an open-market trade. The Form 4 shows an acquisition coded as a grant or award, with no cash purchase price and no corresponding sale of Angi shares reported in this filing.