Angel Studios (NYSE: ANGX) director receives 2,648 vested common shares
Rhea-AI Filing Summary
Angel Studios, Inc. director Steven I. Sarowitz reported the vesting and conversion of 2,648 Restricted Stock Units into an equal number of Class A Common shares on July 23, 2026. His direct common-share holdings are 329,488 shares after the transaction, and he holds 2,649 RSUs granted under the 2025 Long-Term Incentive Plan, which vest in substantially equal quarterly increments over a one-year period beginning October 23, 2025. The filing indicates these transactions were not executed under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,648 shares
Net Buy
2 txns
Insider
Sarowitz Steven I
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Class A Common Stock Restricted Stock Units F2, F1 | 2,648 | -- | -- |
| Exercise | Class A Common Stock, par value $0.0001 per share F1 | 2,648 | -- | -- |
Holdings After Transaction:
Class A Common Stock Restricted Stock Units — 2,649 shares (Direct);
Class A Common Stock, par value $0.0001 per share — 329,488 shares (Direct)
Footnotes (2)
- F1. RSU's convert into Class A Common Stock on a one-for-one basis.
- F2. Restricted Stock Units ("RSUs") are awarded under the Issuer's 2025 Long-Term Incentive Plan. The RSUs were effective on October 23, 2025, with such RSUs vesting in substantially equal quarterly increments, over a one-year period beginning October 23, 2025. Upon each vesting date, each vested RSU shall automatically convert into one share of common stock.
Key Figures
RSUs converted to common stock: 2,648 RSUs
Common shares acquired: 2,648 shares
Common shares held after: 329,488 shares
+3 more
6 metrics
RSUs converted to common stock
2,648 RSUs
Restricted Stock Units exercised/converted on July 23, 2026
Common shares acquired
2,648 shares
Class A Common Stock received upon RSU conversion on July 23, 2026
Common shares held after
329,488 shares
Direct Class A Common Stock holdings of Steven I. Sarowitz following the transactions
RSUs held after
2,649 RSUs
Restricted Stock Units remaining after partial vesting under the 2025 Long-Term Incentive Plan
RSU plan effective date
October 23, 2025
Effective date of RSUs granted under the 2025 Long-Term Incentive Plan
Vesting period length
one-year period
RSUs vest in substantially equal quarterly increments over a one-year period beginning October 23, 2025
Key Terms
Restricted Stock Units, 2025 Long-Term Incentive Plan, vest in substantially equal quarterly increments, par value $0.0001 per share
4 terms
Restricted Stock Units financial
"Restricted Stock Units ("RSUs") are awarded under the Issuer's 2025 Long-Term Incentive Plan."
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.
2025 Long-Term Incentive Plan financial
"RSUs are awarded under the Issuer's 2025 Long-Term Incentive Plan."
vest in substantially equal quarterly increments financial
"The RSUs vest in substantially equal quarterly increments, over a one-year period"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Angel Studios (ANGX) report for Steven I. Sarowitz?
Angel Studios reported that director Steven I. Sarowitz had 2,648 Restricted Stock Units vest and automatically convert into 2,648 Class A Common shares on July 23, 2026. This is an equity compensation vesting event, not an open-market purchase or sale.
What is the vesting schedule of the Angel Studios (ANGX) RSUs reported?
The reported Restricted Stock Units were granted under the 2025 Long-Term Incentive Plan, effective October 23, 2025, and vest in substantially equal quarterly increments over a one-year period starting on that date. Each vested RSU converts automatically into one share of common stock.
Were the ANGX insider transactions made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, indicating these transactions were not executed under a Rule 10b5-1 plan. They reflect scheduled equity compensation vesting instead.