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Angi CEO Michael Steib receives 2M stock units

The restricted stock units vest in annual installments; the performance units have stepped price targets and a sixth-anniversary forfeiture provision.

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Form Type
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Rhea-AI Filing Summary

Angi Inc. (ANGI) Chief Executive Officer and director Michael F. Steib acquired 1,000,000 restricted stock units and 1,000,000 performance-based restricted stock units on September 22, 2026. Each unit converts one-for-one into Class A common stock.

The restricted stock units vest in four equal annual installments beginning on the first anniversary of the grant date, subject to continued employment through each vesting date. The performance-based units vest in tranches of 300,000 at price thresholds of $10.00, $12.00 and $14.00, and 100,000 at $20.00. Each threshold must be met for 30 consecutive trading days, and vesting occurs on the later of the applicable anniversary and achievement of the threshold. Any performance units still outstanding and unvested on the sixth anniversary are forfeited and canceled.

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Insider Steib Michael F
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units F1, F2 1,000,000 $0.00 $0.00
Grant/Award Restricted Stock Units F1, F3, F4 1,000,000 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 2,000,000 contracts (Direct)
Footnotes (4)
  1. F1. Restricted stock units convert into Class A Common Stock on a one-for-one basis.
  2. F2. The restricted stock units vest in four equal annual installments beginning on the first anniversary of the grant date (September 22, 2026), subject to continued employment through each vesting date.
  3. F3. Represents performance-based restricted stock units ("PSUs") that will vest as set forth in footnote (4), subject to continued employment through the applicable vesting date.
  4. F4. (i) 300,000 PSUs on the later of the first anniversary of September 22, 2026 (the "Effective Date") and achievement of a volume-weighted average closing price ("Closing Price") of at least $10.00 for 30 consecutive trading days on or after such date, (ii) 300,000 PSUs on the later of the second anniversary of the Effective Date and achievement of a Closing Price of at least $12.00 for 30 consecutive trading days on or after such date, (iii) 300,000 PSUs on the later of the third anniversary of the Effective Date and achievement of a Closing Price of at least $14.00 for 30 consecutive trading days on or after such date, and (iv) 100,000 PSUs on the later of the fourth anniversary of the Effective Date and achievement of a Closing Price of at least $20.00 for 30 consecutive trading days on or after such date; provided that any PSUs that remain outstanding and unvested on the sixth anniversary of the Effective Date will be forfeited and canceled.
Restricted stock units awarded 1,000,000 units Awarded September 22, 2026
Performance-based restricted stock units awarded 1,000,000 units Awarded September 22, 2026
First performance-based unit tranche 300,000 PSUs At a $10.00 closing-price threshold
Second performance-based unit tranche 300,000 PSUs At a $12.00 closing-price threshold
Third performance-based unit tranche 300,000 PSUs At a $14.00 closing-price threshold
Fourth performance-based unit tranche 100,000 PSUs At a $20.00 closing-price threshold
Performance price thresholds $10.00, $12.00, $14.00 and $20.00 Volume-weighted average closing price thresholds
Required threshold period 30 consecutive trading days Required for each performance-based unit price threshold
restricted stock units financial
"Restricted stock units convert into Class A Common Stock on a one-for-one basis"
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.
performance-based restricted stock units financial
"Represents performance-based restricted stock units"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
volume-weighted average closing price financial
"achievement of a volume-weighted average closing price"
The volume-weighted average closing price is the average of a security’s closing prices over a chosen period, where each day’s closing price is given more influence if more shares traded that day. Think of it like calculating the average price you paid for apples but counting each day’s basket size so large purchases matter more than small ones. Investors use it to see the fairer, trade-weighted trend of price movement and to reduce the skew from low-volume days.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many stock units did ANGI CEO Michael F. Steib receive?

Michael F. Steib acquired 1,000,000 restricted stock units and 1,000,000 performance-based restricted stock units on September 22, 2026. Each unit converts one-for-one into Class A common stock.

How do ANGI CEO Michael F. Steib's performance-based stock units vest?

The 1,000,000 performance-based units vest in tranches of 300,000 at $10.00, $12.00 and $14.00, and 100,000 at $20.00. Each price threshold must be met for 30 consecutive trading days, and vesting occurs on the later of the applicable anniversary and achievement of the threshold. Units still outstanding and unvested on the sixth anniversary are forfeited and canceled.

Were ANGI CEO Michael F. Steib's awards made under a Rule 10b5-1 plan?

No Rule 10b5-1 plan is reported for these awards.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Steib Michael F

(Last)(First)(Middle)
C/O ANGI INC.
3601 WALNUT STREET, SUITE 700

(Street)
DENVER COLORADO 80205

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Angi Inc. [ ANGI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)09/22/2026A1,000,000 (2) (2)Class A Common Stock, par value $0.0011,000,000$01,000,000D
Restricted Stock Units(1)09/22/2026A1,000,000 (3)(4) (3)(4)Class A Common Stock, par value $0.0011,000,000$01,000,000D
Explanation of Responses:
1. Restricted stock units convert into Class A Common Stock on a one-for-one basis.
2. The restricted stock units vest in four equal annual installments beginning on the first anniversary of the grant date (September 22, 2026), subject to continued employment through each vesting date.
3. Represents performance-based restricted stock units ("PSUs") that will vest as set forth in footnote (4), subject to continued employment through the applicable vesting date.
4. (i) 300,000 PSUs on the later of the first anniversary of September 22, 2026 (the "Effective Date") and achievement of a volume-weighted average closing price ("Closing Price") of at least $10.00 for 30 consecutive trading days on or after such date, (ii) 300,000 PSUs on the later of the second anniversary of the Effective Date and achievement of a Closing Price of at least $12.00 for 30 consecutive trading days on or after such date, (iii) 300,000 PSUs on the later of the third anniversary of the Effective Date and achievement of a Closing Price of at least $14.00 for 30 consecutive trading days on or after such date, and (iv) 100,000 PSUs on the later of the fourth anniversary of the Effective Date and achievement of a Closing Price of at least $20.00 for 30 consecutive trading days on or after such date; provided that any PSUs that remain outstanding and unvested on the sixth anniversary of the Effective Date will be forfeited and canceled.
Remarks:
/s/ Shannon M. Shaw as Attorney-in-Fact for Michael Steib09/23/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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