Angi Board Member Increases Stake as RSUs Convert to Common Stock
Rhea-AI Filing Summary
Angi director Suzy Welch 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, increasing her direct holdings to 19,003 shares.
Key details of the RSU grant:
- Original grant date: June 20, 2023
- Vesting schedule: Equal installments over three years
- Vesting condition: Continued service as director
- Conversion rate: One-for-one into Class A Common Stock
The Form 4 was filed by Shannon M. Shaw as Attorney-in-Fact for Welch on June 23, 2025. This transaction represents a routine vesting event of director compensation and does not involve any open market transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,580 shares exercised/converted
Mixed
2 txns
Insider
Welch Suzy
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 — 19,003 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.
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FAQ
What insider trading activity occurred at ANGI on June 20, 2025?
Director Suzy Welch acquired 2,580 shares of ANGI Class A Common Stock through the conversion of Restricted Stock Units (RSUs). Following this transaction, she owned 19,003 shares directly.
What is the vesting schedule for ANGI's RSUs granted to Director Suzy Welch?
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 transaction?
The Restricted Stock Units converted into Class A Common Stock on a one-for-one basis at $0 cost, as indicated in Table II of the Form 4 filing.