Angi (ANGI) director Glenn Schiffman awarded 43,936 restricted stock units with deferred settlement
Rhea-AI Filing Summary
Schiffman Glenn reported acquisition or exercise transactions in this Form 4 filing.
Angi Inc. director Glenn Schiffman received a grant of restricted stock units as equity compensation. He was awarded 43,936 Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Angi Class A common stock.
The RSUs vest in three equal annual installments beginning on the first anniversary of the June 10, 2026 grant date, subject to his continued service on each vesting date. Under his deferral election, any RSUs that vest will be settled in a lump sum of shares only after his service with Angi ends.
Positive
- None.
Negative
- None.
Insights
Routine RSU grant to Angi director, with multi-year vesting and deferral.
Director Glenn Schiffman received 43,936 RSUs, a common form of non-cash compensation that aligns board members with shareholders. Each unit can convert into one share of Class A common stock at settlement.
The award vests in three equal annual installments starting one year after the June 10, 2026 grant, contingent on continued service. Because settlement is deferred until service ends, the economic benefit is pushed into the future, making this a long-term incentive rather than an immediate cash-like gain.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 43,936 | $0.00 | -- |
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.