Angi (NASDAQ: ANGI) grants CEO 500,000 RSUs vesting over three years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kip Jeffrey W reported acquisition or exercise transactions in this Form 4 filing.
Angi Inc. reported that CEO Kip Jeffrey W received a grant of 500,000 Restricted Stock Units (RSUs). Each RSU represents a right to receive one share of Class A common stock. The RSUs vest in three equal annual installments starting on the first anniversary of the grant date, contingent on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kip Jeffrey W
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 500,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 500,000 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.
Key Figures
RSUs granted: 500,000 units
Underlying shares: 500,000 shares
Post-grant RSU holdings: 500,000 units
+1 more
4 metrics
RSUs granted
500,000 units
Restricted Stock Units awarded to CEO on grant date
Underlying shares
500,000 shares
Class A Common Stock underlying granted RSUs
Post-grant RSU holdings
500,000 units
Total Restricted Stock Units following this transaction
Vesting schedule
3 equal annual installments
Beginning on first anniversary of grant date, subject to continued service
Key Terms
Restricted Stock Units, Class A Common Stock, vesting, grant date
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.
vesting financial
"The restricted stock units vest in three equal annual installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
grant date financial
"annual installments beginning on the first anniversary of the grant date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
What insider transaction did Angi (ANGI) report for CEO Kip Jeffrey W?
Angi reported that CEO Kip Jeffrey W received a grant of 500,000 Restricted Stock Units. These units give him the right to receive an equal number of Class A common shares, subject to a multi-year vesting schedule tied to continued service.
How many Restricted Stock Units were granted to Angi’s CEO in this Form 4?
The CEO was granted 500,000 Restricted Stock Units. Each unit is a contingent right to one share of Class A Common Stock, providing equity-based compensation that aligns his interests with shareholders over the vesting period described in the filing’s footnotes.
What is the vesting schedule for the 500,000 RSUs granted by Angi (ANGI)?
The 500,000 RSUs vest in three equal annual installments. Vesting begins on the first anniversary of the grant date, and each installment requires the CEO to remain in service through the applicable vesting date, supporting long-term retention and alignment with company performance.
What does each Angi Restricted Stock Unit represent in this grant?
Each Restricted Stock Unit represents a contingent right to receive one share of Angi Class A Common Stock. The units do not convert immediately; they deliver shares only as they vest over time, assuming the CEO continues his service with the company through each vesting date.
How many derivative securities does Angi’s CEO hold after this RSU grant?
After this transaction, the CEO is shown holding 500,000 Restricted Stock Units. These derivative securities correspond to a potential 500,000 shares of Class A Common Stock, subject to the three-year vesting schedule and continued service conditions detailed in the Form 4 footnotes.