STOCK TITAN

Schedule 13G/A: HighSage Ventures and Jennifer Stier report material ANGI holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

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

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.

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.






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




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




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



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

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.