Iac Interactivecorp SEC Filings

IAC director Alan G. Spoon reported multiple securities transactions on June 23, 2025. Key details include:

• Acquired 1,257 shares of common stock at $0 through the vesting of restricted stock units (RSUs)
• Currently holds 242,429 shares directly, including: - 106,625 shares held personally or through trust - 135,804 share units under Non-Employee Director Deferred Compensation Plan
• Indirectly owns 15,000 shares through Family LLC
• The RSU vesting was part of a three-year installment plan (2023-2025)

Notable context: The filing reflects adjustments from IAC's March 31, 2025 spin-off of Angi Inc., where IAC distributed its Angi Class A shares as a special dividend to stockholders.

Richard F. Zannino, Director of IAC, reported significant insider trading activity on June 23, 2025. The transaction involved the vesting of 1,257 restricted stock units (RSUs) which converted to common stock at $0 exercise price, bringing his total direct ownership to 58,487 shares.

The RSUs were part of a three-year vesting schedule with equal installments on June 23, 2023, 2024, and 2025, contingent on continued service. This represents the final vesting tranche of the award. The filing notes that the number of unvested RSUs was previously adjusted to account for IAC's spin-off of Angi Inc., completed on March 31, 2025, which was distributed as a special dividend to IAC shareholders.

The Form 4 was filed by Kyra Ayo Caros as Attorney-In-Fact for Zannino on June 25, 2025, within the required reporting timeframe.

David S. Rosenblatt, Director of IAC, reported changes in beneficial ownership following the vesting of restricted stock units (RSUs) on June 23, 2025. Key details:

• Acquired 1,257 shares of IAC common stock at $0 upon RSU vesting
• Total beneficial ownership following transaction: 85,756 shares, consisting of: - 59,763 shares held directly - 25,993 share units under Non-Employee Director Deferred Compensation Plan
• The RSUs were part of a grant vesting in equal installments over three years (2023-2025)
• Share amounts reflect adjustment following March 31, 2025 spin-off of Angi Inc.

This Form 4 filing represents routine insider activity related to scheduled equity compensation vesting for a board member, with no open market transactions reported.

Form 4 snapshot: Director Bonnie S. Hammer reported the vesting and automatic conversion of 1,257 restricted stock units (RSUs) into an equal number of IAC Inc. (IAC) common shares on 23 June 2025. The transaction was coded “A” (acquisition) in Table I and “M” (derivative conversion) in Table II, reflecting that the shares were received for no cash consideration.

Following the transaction, Hammer’s direct ownership increased to 34,721 common shares. No derivative securities remain outstanding for this award, as the RSU grant—originally scheduled to vest in three equal annual tranches on 23 June 2023-2025—has now fully vested.

The filing also notes the 31 March 2025 spin-off of Angi Inc. (the “Angi Spin”), which resulted in an adjustment to any unvested RSUs prior to final vesting. There were no open-market purchases or sales; therefore, cash flow impact to the company is zero and the filing does not affect share count beyond the planned issuance under the equity plan.

Investment view: Insider acquisition through vesting is routine and signals continued alignment between the director and shareholders, but the size (<1% of daily volume) is too small to be market-moving. The absence of sales prevents any negative signal, making the disclosure largely neutral to modestly positive for sentiment.

Form 4 filing overview: On 23 June 2025, IAC Inc. (ticker: IAC) director Michael D. Eisner reported the automatic conversion of 1,257 restricted stock units (RSUs) into an equal number of IAC common shares at $0 cost. These shares represent the final tranche of an RSU award that vested in three equal installments on 23 June 2023, 2024 and 2025, subject to continued board service.

Following the transaction, Eisner’s total beneficial ownership increased to 170,368 common shares, consisting of 167,349 shares held directly (including trust holdings) and 3,019 deferred share units accrued under the Non-Employee Director Deferred Compensation Plan. All previously unvested RSUs reported in this filing are now fully vested and therefore a zero balance remains in Table II.

No open-market purchases or sales occurred; the acquisition is strictly an equity compensation event. The filing does not disclose any new option grants, derivative positions, or disposals, and therefore does not materially affect IAC’s share count or insider sentiment in a significant way.

Form 4 snapshot: On 06/23/2025, IAC Inc. (ticker IAC) director Chelsea Clinton acquired 1,257 common shares when the final tranche of her three-year restricted stock unit (RSU) award vested at a cost basis of $0. After the vesting, Clinton’s aggregate holding rose to 80,466 shares, comprising 51,838 directly held shares and 28,628 deferred share units under the Non-Employee Director Deferred Compensation Plan. Table II shows the RSU balance falling to zero, confirming no remaining unvested derivative securities. The filing also notes that all share amounts were adjusted for IAC’s 03/31/2025 spin-off of Angi Inc. as a special dividend. Because the shares were received through routine equity compensation and not an open-market purchase or sale, the transaction is generally viewed as neutral from a market-signal standpoint.

Form 4 overview: On 18 Jun 2025, IAC Inc. filed a Form 4 reporting that director Bonnie S. Hammer received 6,791 restricted stock units (RSUs) of IAC common stock at a conversion price of $0.

The RSUs were granted, not purchased; no cash changed hands and no shares were sold or disposed of. The award vests in three equal annual installments on 18 Jun 2026, 2027 and 2028, subject to Ms. Hammer’s continued board service. Following the transaction she beneficially owns 6,791 derivative securities, held directly.

This filing represents a routine director equity grant intended to align incentives with shareholders and has no material impact on IAC’s share count, cash flow or near-term valuation.