Angi (NASDAQ: ANGI) director Suzy Welch receives 43,936 RSU equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Welch Suzy reported acquisition or exercise transactions in this Form 4 filing.
Angi Inc. director Suzy Welch 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 starting on the first anniversary of the grant date, subject to continued service, and will be settled in a lump sum after her service ends under her deferral election.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Welch Suzy
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
Grant price: $0.00 per unit
RSUs after transaction: 43,936 units
+1 more
4 metrics
RSUs granted
43,936 units
Restricted stock units granted to Suzy Welch
Grant price
$0.00 per unit
Stated price for RSU grant
RSUs after transaction
43,936 units
Total restricted stock units held following grant
Underlying shares
43,936 shares
Class A common stock underlying the RSUs
Key Terms
Restricted Stock Units, vest, deferral election
3 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.
vest financial
"The restricted stock units vest in three equal annual installments"
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.
deferral election financial
"Pursuant to the reporting person's deferral election, any vested RSUs will be settled"
FAQ
What did Angi (ANGI) director Suzy Welch report on this Form 4?
Suzy Welch reported receiving 43,936 restricted stock units from Angi Inc. This is a compensation-related equity award, not an open-market stock purchase or sale, and represents a right to receive an equal number of Class A common shares in the future.
How many Angi (ANGI) restricted stock units were granted to Suzy Welch?
Suzy Welch was granted 43,936 restricted stock units by Angi Inc. These units convert one-for-one into Class A common shares upon settlement, giving her a significant equity-based compensation stake tied to ongoing service on the company’s board.
How do Suzy Welch’s Angi (ANGI) RSUs vest and settle?
The 43,936 restricted stock units vest in three equal annual installments starting on the first anniversary of the grant date. Under her deferral election, any vested RSUs will be settled in a single lump-sum share delivery after her service with Angi ends.
Is Suzy Welch’s Angi (ANGI) Form 4 a stock purchase or sale?
This Form 4 does not show a stock purchase or sale on the market. It reports a grant of 43,936 restricted stock units as compensation, at a stated grant price of $0.00 per unit, contingent on future vesting and continued service.
What is the underlying security for Suzy Welch’s Angi (ANGI) RSU grant?
Each of the 43,936 restricted stock units corresponds to one share of Angi’s Class A common stock, par value $0.001. When units vest and are settled, she will receive an equivalent number of these common shares from the company.