Angi Inc SEC Filings

Pale Fire Capital and affiliates report a significant stake in Angi Inc. The group, led by Pale Fire Capital SICAV a.s., reports beneficial ownership of 3,930,407 shares of Angi’s Class A common stock, or approximately 9.8% of shares outstanding.

The aggregate purchase price for these 3,930,407 shares is about $45,230,083, including brokerage commissions. The ownership percentage is calculated using 40,104,748 shares outstanding as of February 6, 2026, as disclosed in Angi’s Form 10-K. Control and beneficial ownership are attributed through PFC SICAV, its investment manager PFC IS, the parent Pale Fire Capital, and individuals Dusan Senkypl and Jan Barta, though each expressly disclaims beneficial ownership of securities not directly owned.

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.

Angi Inc. director Angela R. Hicks Bowman reported RSU vesting and related share dispositions on March 1, 2026. She exercised 2,000 and 1,000 restricted stock units, which converted one-for-one into the same number of shares of Class A Common Stock at a price of $0.00 per share.

To cover tax obligations tied to these conversions, she disposed of 568 and 284 Class A shares at $7.78 per share under a tax-withholding arrangement, not in open-market sales. Following these transactions, she directly owned 29,538 Class A shares.

Angi Inc. Chief Operating Officer Carson Bailey reported equity compensation activity involving restricted stock units and common shares. On March 1, 2026, 5,000 restricted stock units were exercised and converted into 5,000 shares of Class A Common Stock at a stated price of $0.00 per share. To cover tax obligations related to this equity, 1,505 shares of Class A Common Stock were disposed of at $7.78 per share as a tax-withholding transaction, leaving Bailey with 26,600 shares of Class A Common Stock held directly after these transactions. A prior grant dated March 1, 2024 covered 200,000 restricted stock units (pre-reverse split), vesting in four equal annual installments, subject to continued service.

Angi Inc. Chief Legal Officer Shannon Shaw reported multiple equity transactions on Class A Common Stock tied to restricted stock units. On March 1, 2026, Shaw acquired 3,334 and 5,000 shares through exercises of restricted stock units that convert into common stock on a one-for-one basis. On the same date, 978 and 1,466 shares were disposed of at $7.78 per share to cover tax withholding obligations, leaving 61,489 shares of Class A Common Stock held directly.

Angi Inc. files its annual report describing a digital marketplace that connects about 111,000 Average Monthly Active Pros with consumers for roughly 16 million home service projects in the year ended December 31, 2025. The company now operates two segments, U.S. and International, under brands including Angi, Angie’s List, HomeAdvisor and Handy.

Angi highlights its March 31, 2025 spin-off from former parent IAC, after which it became an independent public company with only Class A common stock outstanding. The report details marketing-heavy growth, heavy reliance on search, app stores and AI-driven technologies, and increasing regulatory, data-privacy, worker-classification and cyber-security risks.

Pale Fire Capital and affiliates have disclosed a significant investment in Angi Inc. Through PFC SICAV, they beneficially own 3,589,129 shares of Angi’s Class A common stock, about 8.3% of shares outstanding as of October 31, 2025, for an aggregate purchase price of approximately $42,556,357.

The shares were bought with working capital, and the investors state they viewed Angi as undervalued and an attractive opportunity. They may buy more or sell shares, use derivatives or hedging, and even short the stock. They also indicate they may engage with management, the board, and other stockholders, and could make proposals regarding Angi’s capitalization, board composition, or operations.

Angi Inc. reported mixed fourth quarter 2025 results, with revenue of $240.8 million, down 10% from Q4 2024, but operating income rising to $5.9 million and net earnings improving to $7.2 million, or $0.17 per diluted share. Adjusted EBITDA increased 25% to $39.7 million, reflecting lower fixed costs, more efficient Pro acquisition spending, and restructuring actions.

For full year 2025, revenue was $1,030.5 million, down 13%, while operating income climbed to $65.4 million and Adjusted EBITDA reached $140.1 million. Revenue declined largely because Network Revenue fell 79% following the January 2025 shift to homeowner choice, even as Proprietary Revenue grew 23%.

Angi emphasized a strategic transition toward Proprietary channels, where Service Requests grew 15% and Leads grew 25% year-over-year in Q4 2025, offsetting steep Network declines. The company also completed significant capital returns, repurchasing 9.9 million shares (about 19.9% of shares outstanding at the spin-off) for $138.0 million, and ended 2025 with 40.1 million Class A shares outstanding, cash of $303.7 million, and $500.0 million of senior notes due 2028.

The Vanguard Group filed an amended Schedule 13G showing it beneficially owns 3,517,698 shares of Angi Inc common stock, representing 8.15% of the class as of December 31, 2025. Vanguard reports shared voting power over 389,594 shares and shared dispositive power over all 3,517,698 shares.

Vanguard states the holdings are maintained in the ordinary course of business and not for the purpose of changing or influencing control of Angi. The filing also notes that as of January 12, 2026, an internal realignment means certain Vanguard subsidiaries may report beneficial ownership separately going forward.