Angi (ANGI) CFO nets new shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Angi Inc. CFO Andrew Russakoff reported multiple equity transactions on Class A common stock tied to restricted stock units (RSUs). He exercised several RSU awards into a total of 23,334 shares of Class A stock and disposed of 8,412 shares at $7.78 per share to cover tax withholding obligations. After these transactions, he directly owned 82,851 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
23,334 shares exercised/converted
Mixed
9 txns
Insider
Russakoff Andrew
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 10,000 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,334 | $0.00 | -- |
| Exercise | Restricted Stock Units | 10,000 | $0.00 | -- |
| Exercise | Class A Common Stock, par value $0.001 | 10,000 | $0.00 | -- |
| Tax Withholding | Class A Common Stock, par value $0.001 | 3,605 | $7.78 | $28K |
| Exercise | Class A Common Stock, par value $0.001 | 3,334 | $0.00 | -- |
| Tax Withholding | Class A Common Stock, par value $0.001 | 1,202 | $7.78 | $9K |
| Exercise | Class A Common Stock, par value $0.001 | 10,000 | $0.00 | -- |
| Tax Withholding | Class A Common Stock, par value $0.001 | 3,605 | $7.78 | $28K |
Holdings After Transaction:
Restricted Stock Units — 10,000 shares (Direct);
Class A Common Stock, par value $0.001 — 77,929 shares (Direct)
Footnotes (1)
- Restricted stock units convert into Class A Common Stock on a one-for-one basis. On March 1, 2023, the reporting person was granted 400,000 restricted stock units (on a pre-reverse stock split basis), vesting in four equal annual installments beginning on the first anniversary of the grant date, subject to continued service. On March 1, 2024, the reporting person was granted 100,000 restricted stock units (on a pre-reverse stock split basis), vesting in three equal annual installments beginning on the second anniversary of the grant date, subject to continued service. On May 6, 2025, the reporting person was granted 20,000 restricted stock units, vesting in two equal annual installments beginning March 1, 2026, subject to continued service.
FAQ
What did Angi (ANGI) CFO Andrew Russakoff report in this Form 4?
Angi CFO Andrew Russakoff reported exercising restricted stock units into Class A common shares and delivering some shares to cover tax withholding. These transactions reflect equity compensation mechanics rather than open-market buying or selling activity.
How do the reported restricted stock units affect Angi (ANGI) CFO compensation?
The restricted stock units form a significant part of the CFO’s equity compensation at Angi. As these RSUs vest and convert one-for-one into Class A shares, they increase his direct ownership stake, aligning compensation with long-term company performance.