Angi Inc. (ANGI) director Jeremy Philips granted 43,936 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Philips Jeremy reported acquisition or exercise transactions in this Form 4 filing.
Angi Inc. director Jeremy Philips received a grant of 43,936 restricted stock units, each tied to one share of Class A Common Stock. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, subject to continued service. Under Philips' deferral election, any vested RSUs will be settled in a lump sum after his service with the company ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Philips Jeremy
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
Underlying shares: 43,936 shares
Grant price per RSU: $0.0000 per unit
+1 more
4 metrics
RSUs granted
43,936 units
Restricted Stock Units granted on June 10, 2026
Underlying shares
43,936 shares
Class A Common Stock tied to RSUs
Grant price per RSU
$0.0000 per unit
Equity award, no cash paid per unit
Shares following transaction
43,936 units
Total RSUs held after grant
Key Terms
Restricted Stock Units, Class A Common Stock, deferral election, vest
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock."
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
"Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock."
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.
deferral election financial
"Pursuant to the reporting person's deferral election, any vested RSUs will be settled in a lump sum following termination of service."
vest financial
"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."
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.
FAQ
What did Angi Inc. (ANGI) director Jeremy Philips report on this Form 4?
Jeremy Philips reported receiving 43,936 restricted stock units. Each RSU represents a contingent right to one share of Angi’s Class A Common Stock, granted at no cash cost, with vesting and settlement terms tied to his continued board service and termination.
How many Angi Inc. (ANGI) restricted stock units did Jeremy Philips receive?
Jeremy Philips received 43,936 restricted stock units. These units correspond to 43,936 underlying shares of Class A Common Stock and represent equity-based compensation that vests over time, rather than an immediate cash transaction or an open-market stock purchase or sale.
What are the vesting terms of Jeremy Philips’ Angi (ANGI) restricted stock units?
The 43,936 restricted stock units vest in three equal annual installments. Vesting begins on the first anniversary of the grant date and is conditioned on Jeremy Philips’ continued service with Angi through each annual vesting date specified in the award terms.
Does Jeremy Philips’ Angi (ANGI) Form 4 show a stock purchase or sale?
The Form 4 reports a grant of restricted stock units, not an open-market purchase or sale. The transaction code “A” indicates an award or other acquisition, with 43,936 RSUs granted at a stated price of $0.0000 per unit as equity compensation.