Angi (ANGI) Form 4: Glenn Schiffman Adds 16K RSUs, No Shares Sold

Rhea-AI Filing Summary

Form 4 Overview – Angi Inc. (ANGI)

Director Glenn H. Schiffman filed a Form 4 disclosing one equity grant executed on 17 June 2025. The filing shows no open-market purchases or sales; rather, the report reflects the issuance of 16,436 Restricted Stock Units (RSUs), each convertible into one share of Class A common stock.

Key details of the grant

• Type of security: RSUs tied to Class A common stock, par value $0.001.
• Grant size: 16,436 units.
• Vesting schedule: Equal annual installments over three years on each anniversary of the 17 June 2025 grant date, subject to continued service. Per the director’s deferral election, settlement occurs in a lump sum after service termination.
• Exercise price: Not applicable (RSUs granted at $0 cost).

Post-transaction ownership

• Directly held Class A shares: 34,014.
• Directly held RSUs: 16,436.

Contextual notes

• Amounts reflect Angi’s 1-for-10 reverse stock split effective 24 March 2025.
• The filing references the 31 March 2025 spin-off distribution from IAC Inc., by which the reporting person previously received 32,156 post-split shares; that prior distribution is exempt under Rule 16a-9(a) and does not involve today’s transaction.

This Form 4 signals additional equity alignment for the director but does not involve cash transactions or disposals that would directly affect Angi’s public float.

Positive

• Director equity alignment strengthened: award of 16,436 time-vested RSUs promotes long-term shareholder alignment.

Negative

• None.

Insights

Securities Analyst

TL;DR: Director granted 16,436 RSUs; no buys/sells, ownership rises, neutral financial impact.

The filing documents a standard equity compensation grant. Schiffman’s direct stake now totals 34,014 shares plus the newly issued RSUs, enhancing insider alignment but not changing cash flow or share count meaningfully. Because RSUs vest over three years and were issued at no cost, immediate dilution is minimal. The grant size is modest relative to Angi’s ~84 million shares outstanding (post-split), so market impact should be negligible.

Corporate Governance Specialist

TL;DR: Routine compensation award; supports long-term alignment, no red flags detected.

The staggered vesting and post-service deferral election promote long-term stewardship. No accelerated vesting or unusual terms are disclosed. The reverse-split and IAC spin-off explanations provide transparency. Overall, the filing reflects normal governance practices with no indication of opportunistic trades.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Schiffman Glenn

(Last) (First) (Middle)

C/O ANGI INC.

3601 WALNUT STREET, SUITE 700

(Street)

DENVER CO 80205

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Angi Inc. [ ANGI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock, par value $0.001								34,014(1)(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(3)	06/17/2025		A		16,436		(4)	(4)	Class A Common Stock, par value $0.001	16,436	$0	16,436	D

Explanation of Responses:

1. Effective on March 24, 2025, ANGI effected a 1-for-10 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.

2. On March 31, 2025, the Reporting Person received 32,156 shares of ANGI Class A common stock in connection with the completion of the spin-off by IAC Inc. ("IAC") of ANGI by means of a special dividend (the "Distribution") of all of the shares of Class A Common Stock then held by IAC to holders of its common stock and Class B common stock (together, the "IAC Stock"). This special dividend was paid through the distribution of 42,080,232 shares of Class A Common Stock on March 31, 2025 to holders of record of IAC Stock as of the close of business on March 25, 2025 (the "Record Date"), on a pro rata basis. Holders of IAC Stock as of the Record Date received 0.5251 shares of Class A Common Stock for each share of IAC Stock then held. This transaction is exempt under Rule 16a-9(a).

3. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock.

4. Represents RSUs that vest in equal installments over three years on the anniversary of the grant date (June 17, 2025), subject to continued service. Pursuant to the reporting person's deferral election, any vested RSUs will be settled in a lump sum following termination of service.

Remarks:

	Shannon M. Shaw as Attorney-in-Fact for Glenn H. Schiffman	06/20/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did Angi Inc. (ANGI) disclose in the 17 June 2025 Form 4?

The company reported a grant of 16,436 Restricted Stock Units to Director Glenn H. Schiffman.

How many Angi Class A shares does Glenn Schiffman own after this transaction?

He directly owns 34,014 Class A shares following the reported grant.

What is the vesting schedule for the 16,436 RSUs?

The RSUs vest in three equal annual installments on each anniversary of 17 June 2025, subject to continued service.

Did the filing involve any stock sales or purchases by the director?

No. The Form 4 shows only an RSU grant; no open-market buys or sells were reported.

Why is the share count adjusted in the Form 4?

All figures reflect Angi’s 1-for-10 reverse stock split effective 24 March 2025.