Angi Board Member Increases Stake as RSUs Convert to Common Stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Angi director Jeremy Philips reported the vesting of restricted stock units (RSUs) on June 20, 2025. The transaction involved the conversion of 2,580 RSUs into Class A Common Stock on a one-for-one basis.
Key transaction details:
- Acquired 2,580 shares of Class A Common Stock through RSU conversion
- Post-transaction direct ownership increased to 12,207 shares
- RSUs were granted on June 20, 2023, with a three-year vesting schedule in equal annual installments
- Transaction was executed under transaction code 'M' (exercise or conversion of derivative security)
The Form 4 was filed by Shannon M. Shaw as Attorney-in-Fact for Jeremy Philips on June 23, 2025, within the required reporting timeline. This transaction represents a scheduled vesting event rather than an open market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,580 shares exercised/converted
Mixed
2 txns
Insider
Philips Jeremy
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,580 | $0.00 | -- |
| Exercise | Class A Common Stock, par value $0.001 | 2,580 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,580 shares (Direct);
Class A Common Stock, par value $0.001 — 12,207 shares (Direct)
Footnotes (1)
- Restricted stock units convert into Class A Common Stock on a one-for-one basis. Represents restricted stock units that vest in equal installments over three years on the anniversary of the grant date (June 20, 2023), subject to continued service.
FAQ
What insider trading activity occurred at ANGI on June 20, 2025?
Director Jeremy Philips acquired 2,580 shares of ANGI Class A Common Stock through the conversion of Restricted Stock Units (RSUs). Following this transaction, Philips owned 12,207 shares directly.
What is the vesting schedule for ANGI's RSUs granted to Director Jeremy Philips?
The Restricted Stock Units vest in equal installments over three years on the anniversary of the grant date (June 20, 2023), subject to continued service as a director.
What was the conversion price of ANGI RSUs in the June 2025 insider transaction?
The Restricted Stock Units converted into Class A Common Stock on a one-for-one basis at $0 cost, as indicated in the Form 4 filing.