HighSage & Jennifer Stier disclose 5.6% and 6.7% stakes in Angi (ANGI)

Angi Inc. received a joint Schedule 13G/A disclosing that HighSage Ventures LLC and Jennifer Stier beneficially own Class A Common Stock.

Rhea-AI Filing Summary

Angi Inc. received a joint Schedule 13G/A disclosing that HighSage Ventures LLC and Jennifer Stier beneficially own Class A Common Stock. HighSage Ventures reports 2,530,134 shares (representing 5.6% of the class) while Jennifer Stier reports 3,030,250 shares (6.7% of the class), based on 45,131,000 Class A shares outstanding as of June 30, 2025. The filing states the shares are held through certain limited liability companies managed by HighSage or Stier, that the Reporting Persons filed a Joint Filing Agreement, and that the holdings were not acquired to change or influence control of the issuer.

Positive

• Substantial disclosed stakes: HighSage Ventures reports 2,530,134 shares (5.6%) and Jennifer Stier reports 3,030,250 shares (6.7%), providing clear ownership transparency
• Compliance and coordination: The Reporting Persons filed a Joint Filing Agreement and certified the passive intent of the holdings, meeting SEC disclosure standards

Negative

• None.

Insights

Financial Analyst

TL;DR: Two related reporting persons disclosed >5% stakes in ANGI, a material passive position requiring investor awareness.

The Schedule 13G/A reveals that HighSage Ventures LLC and Jennifer Stier each report meaningful holdings in Angi's Class A common stock: 2.53 million shares (5.6%) and 3.03 million shares (6.7%), respectively, based on 45.131 million shares outstanding. These positions are held via managed LLCs and are reported as not intended to influence control. For investors, stakes above the 5% threshold are large enough to warrant monitoring for future activity, but the filing itself indicates a passive posture rather than an active control initiative.

Corporate Governance Expert

TL;DR: The joint 13G/A shows coordinated disclosure and management linkage but affirms no intent to seek control.

Jennifer Stier is identified as manager of HighSage Ventures LLC and the parties executed a Joint Filing Agreement, which is consistent with coordinated reporting obligations. The filing explicitly certifies the holdings were not acquired to change or influence control. From a governance perspective, this meets disclosure requirements and signals transparency; however, the combined economic and shared voting power disclosed should be tracked for any future shifts toward active engagement or proxy activity.

FAQ

What stake in ANGI does HighSage Ventures LLC report?

HighSage Ventures LLC reports beneficial ownership of 2,530,134 shares, representing 5.6% of Class A common stock.

How many ANGI shares does Jennifer Stier report owning?

Jennifer Stier reports beneficial ownership of 3,030,250 shares, representing 6.7% of Class A common stock.

On what basis were the percentage ownerships calculated?

Percentages are based on 45,131,000 Class A shares outstanding as of June 30, 2025, per the issuer's quarterly report.

Are these holdings reported as intended to influence control of Angi (ANGI)?

No. The certifications state the securities were not acquired and are not held to change or influence control of the issuer.

How are the shares held according to the filing?

The shares are directly held by certain limited liability companies managed by HighSage Ventures LLC or Jennifer Stier.

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

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Accepted by SEC EDGAR 08/14/2025 - 05:06 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Angi Inc.

(Name of Issuer)

Class A Common Stock, par value $0.001 per share

(Title of Class of Securities)

00183L201

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 00183L201

1

Names of Reporting Persons

HighSage Ventures LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,530,134.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,530,134.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,530,134.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.6 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: The percentage of the shares of Class A Common Stock reported beneficially owned by the Reporting Person is based on 45,131,000 shares of Class A Common Stock outstanding as of June 30, 2025, as reported in the Issuer's quarterly report on Form 10-Q for the period ended June 30, 2025, filed with the Securities and Exchange Commission (the "Commission") on August 5, 2025.

SCHEDULE 13G

CUSIP No. 00183L201

1

Names of Reporting Persons

Stier Jennifer

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 3,030,250.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 3,030,250.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,030,250.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.7 %

12

Type of Reporting Person (See Instructions)

IN, HC

Comment for Type of Reporting Person: The percentage of the shares of Class A Common Stock reported beneficially owned by the Reporting Person is based on 45,131,000 shares of Class A Common Stock outstanding as of June 30, 2025, as reported in the Issuer's quarterly report on Form 10-Q for the period ended June 30, 2025, filed with the Commission on August 5, 2025.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Angi Inc.
(b)	Address of issuer's principal executive offices: 3601 Walnut Street, Denver, Colorado, 80205
Item 2.
(a)	Name of person filing: This Statement is filed on behalf of HighSage Ventures LLC and Jennifer Stier (together, the "Reporting Persons"). The shares of Class A Common Stock reported herein are directly held by certain limited liability companies managed by either HighSage Ventures LLC or Jennifer Stier. Jennifer Stier is the manager of HighSage Ventures LLC. The Joint Filing Agreement between the Reporting Persons is attached hereto as Exhibit 1.
(b)	Address or principal business office or, if none, residence: For each Reporting Person: 200 Clarendon Street, 59th Floor, Boston, MA 02116
(c)	Citizenship: HighSage Ventures LLC: Delaware Jennifer Stier: United States
(d)	Title of class of securities: Class A Common Stock, par value $0.001 per share
(e)	CUSIP No.: 00183L201
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: The information requested in this item is incorporated herein by reference to the cover pages to this Schedule 13G.
(b)	Percent of class: HighSage Ventures LLC: 5.6% Jennifer Stier: 6.7%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: HighSage Ventures LLC: 0 Jennifer Stier: 0
	(ii) Shared power to vote or to direct the vote: HighSage Ventures LLC: 2,530,134 Jennifer Stier: 3,030,250
	(iii) Sole power to dispose or to direct the disposition of: HighSage Ventures LLC: 0 Jennifer Stier: 0
	(iv) Shared power to dispose or to direct the disposition of: HighSage Ventures LLC: 2,530,134 Jennifer Stier: 3,030,250
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The shares of Class A Common Stock reported herein are directly held by certain limited liability companies, each of which has the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, the shares of Class A Common Stock that it directly owns.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

HighSage Ventures LLC

Signature:	/s/ Matthew P. O'Connor
Name/Title:	Matthew P. O'Connor, Chief Legal Officer
Date:	08/14/2025

Stier Jennifer

Signature:	/s/ Jennifer Stier
Name/Title:	Jennifer Stier
Date:	08/14/2025

Exhibit Information

Exhibit 1: Joint Filing Agreement, dated August 14, 2025