Angi (NASDAQ: ANGI) director exercises 3,576 RSUs
Rhea-AI Filing Summary
Angi Inc. (ANGI) reported that director Thomas Corning Pickett Jr exercised 3,576 Restricted Stock Units on August 22, 2026, converting them on a one-for-one basis into 3,576 shares of Class A Common Stock. Following this RSU conversion, he directly holds 10,729 shares of Angi Class A Common Stock. The RSUs exercised are part of a grant of 107,296 RSUs (pre-reverse stock split) awarded on August 22, 2023, vesting in three equal annual installments, subject to continued service.
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Insider Trade Summary
Net Buyer: 3,576 shares
Net Buy
2 txns
Insider
Pickett Thomas Corning Jr
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 3,576 | $0.00 | $0.00 |
| Exercise | Class A Common Stock, par value $0.001 F1 | 3,576 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Class A Common Stock, par value $0.001 — 10,729 shares (Direct)
Footnotes (2)
- F1. Restricted stock units convert into Class A Common Stock on a one-for-one basis.
- F2. On August 22, 2023, the reporting person was granted 107,296 restricted stock units (on a pre-reverse stock split basis), vesting in three equal annual installments beginning on the first anniversary of the grant date, subject to continued service.
Key Figures
Restricted Stock Units exercised: 3,576 units
Class A Common Stock acquired: 3,576 shares
Holdings after transaction: 10,729 shares
+2 more
5 metrics
Restricted Stock Units exercised
3,576 units
RSUs converted into Class A Common Stock on August 22, 2026
Class A Common Stock acquired
3,576 shares
Shares received from RSU conversion on August 22, 2026
Holdings after transaction
10,729 shares
Direct Class A Common Stock ownership after RSU conversion
Original RSU grant size
107,296 units
RSUs granted on August 22, 2023 on a pre-reverse stock split basis
RSU conversion price
$0.0000 per unit
Reported transaction price per RSU in the derivative transaction row
Key Terms
Restricted Stock Units, Class A Common Stock, reverse stock split, vesting
4 terms
Restricted Stock Units financial
"Restricted Stock Units convert into Class A Common Stock on a one-for-one basis"
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
"convert into Class A Common Stock on a one-for-one basis"
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.
reverse stock split financial
"107,296 restricted stock units (on a pre-reverse stock split basis)"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
vesting financial
"vesting in three equal annual installments beginning on the first anniversary"
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.
FAQ
What insider transaction did Angi Inc. (ANGI) disclose for Thomas Corning Pickett Jr?
Angi Inc. disclosed that director Thomas Corning Pickett Jr exercised 3,576 Restricted Stock Units on August 22, 2026, converting them into 3,576 shares of Class A Common Stock through an RSU-to-share conversion transaction.
What was the size of the original RSU grant reported in this Angi Inc. (ANGI) Form 4?
The filing states that on August 22, 2023, Thomas Corning Pickett Jr was granted 107,296 restricted stock units (on a pre-reverse stock split basis), vesting in three equal annual installments, subject to continued service.
At what ratio do the reported Angi Inc. (ANGI) restricted stock units convert into common stock?
The restricted stock units convert into Angi Inc. Class A Common Stock on a one-for-one basis, according to the footnote in the Form 4.
What is the vesting schedule of the Angi Inc. (ANGI) RSUs referenced in this Form 4?
The RSUs referenced were granted on August 22, 2023 and vest in three equal annual installments beginning on the first anniversary of the grant date, subject to continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
