Angi (ANGI) director Suzy Welch converts 2,580 RSUs to stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Angi Inc. director Suzy Welch exercised restricted stock units into common shares. On June 20, 2026, 2,580 restricted stock units converted into 2,580 shares of Angi Class A common stock at a stated price of $0.00 per share, reflecting routine equity compensation.
After this transaction, Welch directly holds 21,583 shares of Angi Class A common stock. The RSUs come from a prior grant originally covering 77,399 units on June 20, 2023, which vest in three equal annual installments subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,580 shares exercised/converted
Mixed
2 txns
Insider
Welch Suzy
Role
null
| 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 — 0 shares (Direct, null);
Class A Common Stock, par value $0.001 — 21,583 shares (Direct, null)
Footnotes (1)
- Restricted stock units convert into Class A Common Stock on a one-for-one basis. On June 20, 2023, the reporting person was granted 77,399 restricted stock units (on a pre-reverse stock split basis), vesting in three equal annual installments beginning on the first anniversary of the grant date, subject to continued service.
Key Figures
RSUs exercised: 2,580 shares
Shares held after transaction: 21,583 shares
Original RSU grant size: 77,399 units
+1 more
4 metrics
RSUs exercised
2,580 shares
Restricted stock units converted to Class A common stock on June 20, 2026
Shares held after transaction
21,583 shares
Direct holdings of Angi Class A common stock following the RSU conversion
Original RSU grant size
77,399 units
Restricted stock units granted on June 20, 2023, vesting in three equal annual installments
Exercise price per RSU
$0.00 per share
Stated price for RSU conversion into Angi Class A common stock
Key Terms
Restricted stock units, Class A Common Stock, reverse stock split, Exercise or conversion of derivative security
4 terms
Restricted stock units financial
"Restricted stock units convert into Class A Common Stock on a one-for-one basis."
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
"Restricted stock units convert into Class A Common Stock on a one-for-one basis."
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.
reverse stock split financial
"granted 77,399 restricted stock units (on a pre-reverse stock split basis), vesting in three equal annual installments"
A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
FAQ
What insider transaction did Angi (ANGI) director Suzy Welch report?
Suzy Welch reported exercising 2,580 restricted stock units into 2,580 shares of Angi Class A common stock. The transaction reflects equity compensation vesting rather than an open-market stock purchase or sale, and was executed at a stated price of $0.00 per share.
Was Suzy Welch’s Angi (ANGI) Form 4 a stock purchase or sale?
The Form 4 does not report an open-market purchase or sale. Instead, it shows a derivative exercise, where 2,580 restricted stock units converted into the same number of Angi Class A common shares, a standard equity compensation vesting event.
What does transaction code "M" mean in Suzy Welch’s Angi (ANGI) Form 4?
Transaction code "M" indicates the exercise or conversion of a derivative security. In this filing, it reflects restricted stock units converting into Angi Class A common stock, not a discretionary market trade to buy or sell existing shares.