[Form 4] IAC Inc. Insider Trading Activity

Rhea-AI Filing Summary

IAC Inc. (Ticker: IAC) – Form 4 insider filing

Director Maria Seferian reported the award of 6,791 Restricted Stock Units (RSUs) on 18 June 2025. The RSUs were acquired at a conversion price of $0 and represent derivative securities that will convert into an equivalent number of IAC common shares upon vesting. According to the filing, these units will vest in three equal annual installments on 18 June 2026, 2027, and 2028, contingent on Ms. Seferian’s continued service with the company.

Following the transaction, Ms. Seferian’s beneficial ownership of derivative securities stands at 6,791 RSUs, held directly. The Form 4 discloses no dispositions or sales of either derivative or non-derivative securities.

Positive

• Acquisition of 6,791 RSUs increases the director’s beneficial ownership without dilution to existing shareholders.
• No shares were sold or disposed, indicating all reported activity relates to equity awarded, not exited.

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine RSU grant—no shares sold, ownership up 6,791 units; neutral impact.

This Form 4 shows a standard equity compensation action: Director Maria Seferian received 6,791 RSUs with a three-year vesting schedule. No cash changed hands and there were no simultaneous sales, so the filing does not affect IAC’s share count or cash flow. Because the grant aligns with customary board compensation practices and involves a modest number of shares relative to IAC’s float, it is unlikely to be materially price-moving. Investors may note the additional alignment of the director’s interests with shareholders, but the event is operationally neutral for the company.

Corporate Governance Specialist

TL;DR: Governance-standard equity award; confirms director service continuity.

The disclosed RSU award reflects IAC’s ongoing use of time-based stock units to compensate non-employee directors. The three-year cliff-style vesting encourages director retention through 2028 and maintains long-term alignment. No red flags—there is a single reporting person, the filing is timely, and the power-of-attorney signature is properly executed. From a governance standpoint, the disclosure is complete and ordinary, resulting in a neutral shareholder impact.

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^*

Seferian Maria

(Last) (First) (Middle)

C/O IAC INC.

555 WEST 18TH STREET

(Street)

NEW YORK NY 10011

(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)
06/18/2025

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

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
Restricted Stock Units(1)	$0	06/18/2025		A		6,791		(1)	(1)	Common Stock, par value $0.0001	6,791	$0	6,791	D

Explanation of Responses:

1. Represents restricted stock units that vest in equal installments on each of June 18, 2026, 2027, and 2028 subject to continued service.

Remarks:

	/s/ Kyra Ayo Caros as Attorney-In-Fact for Maria Seferian	06/23/2025
	** 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 Director Maria Seferian report for IAC (IAC)?

She received 6,791 Restricted Stock Units on 18 June 2025 at a price of $0.

When will the 6,791 RSUs granted to Maria Seferian vest?

They vest in equal installments on 18 June 2026, 2027, and 2028, subject to continued service.

Did the Form 4 indicate any sales of IAC shares by the director?

No. The filing shows only an acquisition of RSUs and lists no dispositions.

How many IAC derivative securities does Maria Seferian own after the transaction?

She beneficially owns 6,791 RSUs, held directly.

What is the cost basis of the RSUs granted to the director?

The conversion price is $0 per unit, as is typical for equity awards.