Angi (ANGI) awards 24,388 restricted stock units to growth chief
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Orchard Glenn reported acquisition or exercise transactions in this Form 4 filing.
Angi Inc. reported that Chief Growth Officer Glenn Orchard received a grant of 24,388 restricted stock units on March 26, 2026. Each unit represents a contingent right to receive one share of Class A Common Stock. The units vest in a single installment on March 1, 2027, contingent on Orchard’s continued service with Angi through that date. Following this grant, Orchard holds 24,388 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Orchard Glenn
Role
Chief Growth Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 24,388 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 24,388 shares (Direct)
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 one installment on March 1, 2027, subject to the Reporting Person's continued service to the Issuer on the vesting date.
Key Figures
RSUs granted: 24,388 units
Underlying shares: 24,388 shares
Vesting date: March 1, 2027
+1 more
4 metrics
RSUs granted
24,388 units
Restricted Stock Units granted on March 26, 2026
Underlying shares
24,388 shares
Class A Common Stock underlying the RSUs
Vesting date
March 1, 2027
RSUs vest in a single installment
Post-transaction RSU holdings
24,388 units
Total restricted stock units held directly after grant
Key Terms
Restricted Stock Units, Class A Common Stock, vest, contingent right
4 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.
Class A Common Stock financial
"one share of Class A Common Stock, par value $0.001"
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.
vest financial
"The restricted stock units vest in one installment on March 1, 2027"
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.
contingent right financial
"represents a contingent right to receive one share of Class A Common Stock"
FAQ
What insider transaction did Angi (ANGI) Chief Growth Officer Glenn Orchard report?
Glenn Orchard reported receiving 24,388 restricted stock units from Angi Inc. as a compensation award. These units are not an open-market purchase or sale but a grant that can convert into Class A Common Stock if vesting conditions are met on the specified date.
How many restricted stock units did Glenn Orchard receive from Angi (ANGI)?
Glenn Orchard received 24,388 restricted stock units from Angi Inc. in the reported transaction. Each unit represents a contingent right to one share of Class A Common Stock, providing potential future equity ownership if the units vest as scheduled under the award terms.
When do Glenn Orchard’s Angi (ANGI) restricted stock units vest?
The restricted stock units granted to Glenn Orchard vest in one installment on March 1, 2027. Vesting is contingent on his continued service to Angi Inc. through that vesting date, meaning the award must satisfy that service condition before shares can be delivered.
What does each Angi (ANGI) restricted stock unit granted to Glenn Orchard represent?
Each restricted stock unit granted to Glenn Orchard represents a contingent right to receive one share of Angi’s Class A Common Stock. The units do not deliver shares immediately; they convert into stock only if the vesting condition, including continuous service, is satisfied on the vesting date.
How many Angi (ANGI) restricted stock units does Glenn Orchard hold after this grant?
After the reported grant, Glenn Orchard holds 24,388 restricted stock units directly. This total reflects the new award reported, which can convert into the same number of Class A Common Stock shares if the vesting condition on March 1, 2027 is met.