ANGI Form 4: RSU conversion and tax withholding reported
Rhea-AI Filing Summary
Angi Inc. reported insider activity by Director Angela R. Hicks Bowman. On 10/15/2025, 2,500 restricted stock units converted into Class A shares (one-for-one), increasing her holdings. The company notes its 1-for-10 reverse stock split became effective on 3/24/2025, and amounts reflect this adjustment.
To cover taxes, 712 shares were withheld at $14.08. Following these transactions, she directly owned 27,390 Class A shares, with 7,500 RSUs remaining. The RSUs were part of a grant originally issued on 10/15/2024 that vests in four equal annual installments, subject to continued service.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting with tax withholding; neutral impact.
The filing shows a standard equity vesting event: 2,500 RSUs converted into Class A shares on 10/15/2025, consistent with a time-based vesting schedule. A portion of the shares (712) was withheld at $14.08 to satisfy tax obligations, a common administrative step.
Post-transaction ownership stands at 27,390 Class A shares, and 7,500 RSUs remain outstanding for the reporting person. The company executed a 1-for-10 reverse stock split effective 3/24/2025, and all figures reflect that adjustment. Actual market impact depends on normal trading dynamics; this event itself does not change fundamentals.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,500 | $0.00 | -- |
| Exercise | Class A Common Stock, par value $0.001 | 2,500 | $0.00 | -- |
| Tax Withholding | Class A Common Stock, par value $0.001 | 712 | $14.08 | $10K |
Footnotes (1)
- Restricted stock units convert into Class A Common Stock on a one-for-one basis. Effective on March 24, 2025, the Issuer 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. On October 15, 2024, the reporting person was granted 100,000 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.