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
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.0001 | 422 | $34.07 | $14K |
| holding | Common Stock, par value $0.0001 | -- | -- | -- |
Footnotes (1)
- Represents share units accrued under the Non-Employee Director Deferred Compensation Plan as of the date of this report. 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"). 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.
