Angel Studios CEO buys 29K shares at $4.28

Angel Studios, Inc. officer Neal Harmon, the Chief Executive Officer, reported purchasing 29,193 Class A common shares of ANGX in an open-market or private transaction on 2026-08-14 at a weighted average price of $4.282 per share.

Rhea-AI Filing Summary

Angel Studios, Inc. officer Neal Harmon, the Chief Executive Officer, reported purchasing 29,193 Class A common shares of ANGX in an open-market or private transaction on 2026-08-14 at a weighted average price of $4.282 per share. Following this transaction, he directly holds 84,723.759 shares of Class A common stock.

Insider Trade Summary

Net Buyer: 29,193.1 shares

Net Buy 1 txn

Insider Harmon Neal

Role Chief Executive Officer

Bought 29,193.1 shs ($125K)

Type	Security	Shares	Price	Value
Purchase	Class A Common Stock, par value $0.0001 per share F1	29,193.1	$4.282	$125K

Holdings After Transaction: Class A Common Stock, par value $0.0001 per share — 84,723.759 shares (Direct)

Footnotes (1)

1. F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.2500 to $4.3260, 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: 29,193.1000 shares Weighted average purchase price: $4.2820 per share Price range of purchases: $4.2500–$4.3260 per share +1 more

4 metrics

Shares purchased 29,193.1000 shares Class A Common Stock purchased on 2026-08-14, transaction code P

Weighted average purchase price $4.2820 per share Weighted average price for the shares purchased on 2026-08-14

Price range of purchases $4.2500–$4.3260 per share Range of individual trade prices for the purchased shares

Shares owned after transaction 84,723.7590 shares Directly owned Class A Common Stock following the reported purchase

Key Terms

weighted average price, multiple transactions, Class A Common Stock

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"

Class A Common Stock financial

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

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did ANGX CEO Neal Harmon report on this Form 4?

Neal Harmon reported a purchase of 29,193.1 ANGX Class A common shares on 2026-08-14. The transaction was coded as a “P” open-market or private purchase, increasing his directly held Class A common stock position.

At what price did Neal Harmon buy ANGX shares in the reported transaction?

The reported weighted average price was $4.282 per ANGX share. According to the disclosure, the shares were bought in multiple trades between $4.2500 and $4.3260 per share, with full breakdowns available upon request.

How many ANGX shares does Neal Harmon own after this reported purchase?

After the reported transaction, Neal Harmon directly owns 84,723.759 ANGX Class A common shares. This reflects his updated direct holding balance following the purchase of 29,193.1 shares on 2026-08-14 as disclosed.

Was Neal Harmon’s ANGX share purchase made under a Rule 10b5-1 trading plan?

The filing indicates the Rule 10b5-1 checkbox is not marked, and no footnote states that the trades were pursuant to a trading plan. The purchase is therefore not identified as being under a Rule 10b5-1 plan in this disclosure.

Is Neal Harmon’s ANGX share ownership reported as direct or indirect on this Form 4?

The Form 4 reports his post-transaction holdings of 84,723.759 ANGX shares as “D” for direct ownership. No trusts, entities, or indirect ownership structures are referenced for this particular transaction in the disclosure.

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

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Available on EDGAR 08/17/2026 - 05:10 PM Accepted by SEC EDGAR 08/17/2026 - 05:10 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 Neal

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026

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	08/14/2026		P		29,193.1	A	$4.282(1)	84,723.759	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 $4.2500 to $4.3260, 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)