Michael Eisner reports 422-share purchase of IAC at $34.07

Rhea-AI Filing Summary

Michael D. Eisner, a director of IAC Inc. (IAC), reported a purchase of 422 shares of IAC common stock on 09/30/2025 at a price of $34.07 per share. After the reported transaction, the filing shows Eisner beneficially owns 171,778 shares in total, which includes 167,349 shares held directly and 4,429 share units accrued under the Non-Employee Director Deferred Compensation Plan.

The Form 4 notes the 4,429 deferred share units were adjusted to reflect the Angi spin completed on March 31, 2025, when IAC distributed its Class A shares of Angi Inc. as a special dividend. The report was signed by Eisner's attorney-in-fact on 10/02/2025.

Positive

• Reported acquisition of 422 IAC shares at $34.07 on 09/30/2025
• Total beneficial ownership disclosed as 171,778 shares, providing clear ownership transparency
• Deferred share units quantified as 4,429 and explicitly adjusted for the Angi spin on March 31, 2025

Negative

• None.

Insights

Corporate Insider Filings Specialist

Insider purchase of 422 shares at $34.07 with total beneficial ownership of 171,778 shares.

The Form 4 documents a non-derivative acquisition executed on 09/30/2025: 422 common shares purchased at $34.07. The filing also itemizes total beneficial ownership as 171,778 shares, combining directly held shares and deferred share units.

The filing explicitly states 4,429 deferred share units under the Non-Employee Director Deferred Compensation Plan and confirms those units were adjusted for the Angi spin completed on March 31, 2025. This is a standard Section 16 disclosure documenting ownership and a small open-market purchase.

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
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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^*

EISNER MICHAEL D

(Last) (First) (Middle)

C/O THE TORNANTE COMPANY, LLC

233 SOUTH BEVERLY DRIVE, 2ND FLOOR

(Street)

BEVERLY HILLS CA 90212

(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		422(1)	A	$34.07	171,778(2)(3)	D
Common Stock, par value $0.0001								40,555	I	Through a trust, of which the reporting person is trustee

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. Includes: (i) 167,349 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) 4,429 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 Michael Eisner	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 transaction did Michael Eisner report on Form 4 for IAC (IAC)?

He reported an acquisition of 422 shares of IAC common stock on 09/30/2025 at a price of $34.07 per share.

How many IAC shares does Michael Eisner beneficially own after the reported transaction?

The Form 4 shows total beneficial ownership of 171,778 shares, comprising 167,349 directly held shares and 4,429 deferred share units.

What are the 4,429 share units mentioned in the filing?

They are share units accrued under the Non-Employee Director Deferred Compensation Plan and were adjusted to reflect the Angi spin on March 31, 2025.

When was the Form 4 signed and filed?

The Form 4 bears the signature of Eisner's attorney-in-fact and is dated 10/02/2025.

Does the filing reference any derivative securities or option exercises?

No. Table II for derivative securities contains no entries; the disclosure pertains only to non-derivative common stock.