Angi (ANGI) Insider Filing: Kris Boon Receives 72,500 RSUs
Rhea-AI Filing Summary
Kris Boon, Chief Product Officer of Angi Inc. (ANGI), received a grant of 72,500 restricted stock units on 09/17/2025 that convert to Class A common shares upon vesting. The award is reported as direct ownership of 72,500 shares following the grant. The RSUs vest in three installments: approximately 21% on March 1, 2027, 21% on March 1, 2028, and 59% on March 1, 2029, subject to continued service. The Form 4 was signed by an attorney-in-fact on 09/18/2025. Each RSU represents a contingent right to one share of Class A common stock.
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Insights
TL;DR: Routine executive equity award aligns management with shareholders; modest near-term vesting delays limit immediate dilution.
This Form 4 discloses a time-based grant of 72,500 restricted stock units to the Chief Product Officer, reported as direct beneficial ownership. The vesting schedule is back-loaded with the largest tranche (59%) in 2029, which emphasizes retention over immediate share issuance. For investors, this is a standard compensation mechanism linking executive incentives to long-term share performance rather than an event likely to materially change capital structure in the near term.
TL;DR: Grant design favors retention through multi-year cliff-like schedule; governance implications are typical for senior executives.
The award’s three-point vesting (21%/21%/59%) is consistent with retention-focused packages. The Form 4 shows direct beneficial ownership equal to the full award immediately for reporting purposes, but actual share issuance depends on continued service through vesting dates. No accelerated vesting, sale, or derivative transactions are disclosed. This is a routine disclosure under Section 16 reporting requirements.