[Form 4] IAC Inc. Insider Trading Activity

Rhea-AI Filing Summary

Bryan Lourd, a director of IAC Inc. (IAC), reported an acquisition of 477 shares of IAC common stock on 09/30/2025 at a purchase price of $34.07 per share. The filing states these 477 shares represent share units accrued under the company’s Non-Employee Director Deferred Compensation Plan. After the reported transaction, Mr. Lourd beneficially owns 197,128 shares in total, comprised of 46,173 shares held directly and 150,955 deferred share units. The Deferred Shares figure was adjusted to reflect the Angi spin-off completed on 03/31/2025. The Form 4 was signed by an attorney-in-fact on 10/02/2025.

Positive

• Acquisition of 477 share units under the Non-Employee Director Deferred Compensation Plan indicates alignment of director compensation with shareholder equity
• Total beneficial ownership of 197,128 shares provides clear disclosure of the director's stake

Negative

• None.

Insights

Corporate Governance Expert

Director acquired deferred-share units; total beneficial ownership equals 197,128 shares.

The report shows the acquisition reflects deferred compensation plan share units rather than an open-market purchase, indicating routine director compensation conversion into equity. The 197,128 total combines direct holdings (46,173) and deferred units (150,955), a distinction that matters for voting and transferability.

This filing documents an internal compensation-related issuance and an adjustment tied to the Angi spin-off on 03/31/2025, which affected the Deferred Shares balance.

Insider Reporting & Compliance Expert

Form 4 discloses a Section 16 reportable accrual converted to shares; properly filed.

The transaction is coded as an acquisition on 09/30/2025 and the Form 4 shows signature by an attorney-in-fact on 10/02/2025, satisfying timing and signature disclosure requirements for Section 16 filings. The entry clarifies the acquisition source as the Non-Employee Director Deferred Compensation Plan, not a market trade.

No derivative securities or dispositions are reported in this filing.

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

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OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Lourd Bryan

(Last) (First) (Middle)

C/O CAA

2000 AVENUE OF THE STARS

(Street)

LOS ANGELES CA 90067

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
IAC Inc. [ IAC ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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
Common Stock, par value $0.0001(1)	09/30/2025		A		477(1)	A	$34.07	197,128(2)(3)	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. Represents share units accrued under the Non-Employee Director Deferred Compensation Plan as of the date of this report.

2. lncludes: (i) 46,173 shares of lAC common stock held directly by the reporting person (personally or through a trust, of which the reporting person is the grantor/sellor, sole trustee and sole beneficiary) and (ii) 150,955 share units accrued under the Non-Employee Director Deferred Compensation Plan as of the date of this report (the "Deferred Shares").

3. On March 31, 2025, IAC completed the spin-off of its ownership in Angi Inc. by means of a special dividend of all of the shares of Class A Common Stock then held by IAC to holders of its common stock and Class B common stock (the "Angi Spin"). The amount of Deferred Shares reported on this Form 4 have been adjusted to reflect the Angi Spin.

Remarks:

	/s/ Kyra Ayo Caros as Attorney-In-Fact for Bryan Lourd	10/02/2025
	** 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.

FAQ

What did Bryan Lourd report on Form 4 for IAC (IAC)?

He reported an acquisition of 477 shares at $34.07 on 09/30/2025, representing share units from the Non-Employee Director Deferred Compensation Plan.

How many IAC shares does Bryan Lourd beneficially own after the transaction?

The Form 4 states he beneficially owns 197,128 shares total, including 46,173 held directly and 150,955 deferred share units.

Why were the Deferred Shares adjusted on this Form 4?

The Deferred Shares were adjusted to reflect the Angi spin-off that was completed on 03/31/2025.

Was this acquisition an open-market purchase or part of compensation?

The filing specifies the 477 shares represent share units accrued under the Non-Employee Director Deferred Compensation Plan, not an open-market trade.

When was the Form 4 signed and filed?

The Form 4 bears an attorney-in-fact signature dated 10/02/2025.