Angel Studios (ANGX) content chief buys 230K shares over two days

Rhea-AI Filing Summary

Angel Studios, Inc. executive Jeffrey Harmon, Chief Content Officer, reported open-market or private purchases of the company’s Class A Common Stock. On August 13, 2026, he purchased 178,700 shares at a weighted average price of $4.0828 per share, through multiple transactions at prices ranging from $3.8400 to $4.3390. On August 14, 2026, he purchased an additional 51,380 shares at a weighted average price of $4.2646 per share, in multiple transactions between $4.2050 and $4.3755. All reported holdings are held directly, and total purchases disclosed in this filing amount to 230,080 shares.

Insider Trade Summary

Net Buyer: 230,080 shares

Net Buy 2 txns

Insider Harmon Jeffrey

Role Chief Content Officer

Bought 230,080 shs ($949K)

Type	Security	Shares	Price	Value
Purchase	Class A Common Stock, par value $0.0001 per share F2	51,380	$4.2646	$219K
Purchase	Class A Common Stock, par value $0.0001 per share F1	178,700	$4.0828	$730K

Holdings After Transaction: Class A Common Stock, par value $0.0001 per share — 256,404 shares (Direct)

Footnotes (2)

1. F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.8400 to $4.3390, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
2. F2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.2050 to $4.3755, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

Key Figures

Shares purchased 2026-08-13: 178,700 shares Weighted average price 2026-08-13: $4.0828 per share Price range 2026-08-13: $3.8400–$4.3390 per share +4 more

7 metrics

Shares purchased 2026-08-13 178,700 shares Class A Common Stock bought by Jeffrey Harmon on August 13, 2026

Weighted average price 2026-08-13 $4.0828 per share Average price for 178,700 ANGX shares purchased on August 13, 2026

Price range 2026-08-13 $3.8400–$4.3390 per share Range of individual trade prices for August 13, 2026 purchases

Shares purchased 2026-08-14 51,380 shares Class A Common Stock bought by Jeffrey Harmon on August 14, 2026

Weighted average price 2026-08-14 $4.2646 per share Average price for 51,380 ANGX shares purchased on August 14, 2026

Price range 2026-08-14 $4.2050–$4.3755 per share Range of individual trade prices for August 14, 2026 purchases

Total shares purchased 230,080 shares Aggregate ANGX shares bought across both reported transactions

Key Terms

weighted average price, multiple transactions, par value

3 terms

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

multiple transactions financial

"These shares were purchased in multiple transactions at prices ranging"

par value financial

"Class A Common Stock, par value $0.0001 per share"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

FAQ

What insider stock purchases did ANGX report for Jeffrey Harmon?

Jeffrey Harmon reported buying a total of 230,080 ANGX Class A shares over two days. He purchased 178,700 shares on August 13, 2026, and 51,380 shares on August 14, 2026, in open-market or private transactions.

At what prices did Jeffrey Harmon buy ANGX shares?

Harmon’s ANGX purchases used weighted average prices of $4.0828 and $4.2646 per share. The August 13 trades ranged from $3.8400–$4.3390, and the August 14 trades ranged from $4.2050–$4.3755 across multiple transactions.

How many ANGX shares did Jeffrey Harmon buy on August 13, 2026?

On August 13, 2026, Harmon purchased 178,700 ANGX Class A shares in multiple transactions. These trades were reported at a weighted average price of $4.0828 per share, with individual execution prices between $3.8400 and $4.3390.

How many ANGX shares did Jeffrey Harmon buy on August 14, 2026?

On August 14, 2026, Harmon purchased 51,380 ANGX Class A shares, held directly. The filing lists a weighted average price of $4.2646 per share, from multiple trades executed between $4.2050 and $4.3755.

Were Jeffrey Harmon’s ANGX purchases made in multiple transactions?

Yes. Both ANGX purchase dates reflect multiple transactions aggregated into a weighted average price. The filing notes that detailed trade-by-trade pricing within the $3.8400–$4.3390 and $4.2050–$4.3755 ranges is available upon request.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/17/2026 - 05:09 PM Accepted by SEC EDGAR 08/17/2026 - 05:08 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Harmon Jeffrey

(Last) (First) (Middle)

295 W. CENTER ST.

(Street)

PROVO UTAH 84601

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Angel Studios, Inc. [ ANGX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Content Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock, par value $0.0001 per share	08/13/2026		P		178,700	A	$4.0828(1)	205,024	D
Class A Common Stock, par value $0.0001 per share	08/14/2026		P		51,380	A	$4.2646(2)	256,404	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.8400 to $4.3390, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.2050 to $4.3755, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

	/s/ Patrick J. Reilly, Attorney-in-Fact	08/17/2026
	** Signature of Reporting Person	Date
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)