IAC vice chair reports new RSU grant and vesting
IAC Inc. vice chairman Victor Kaufman reported routine equity compensation activity.
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Rhea-AI Filing Summary
IAC Inc. vice chairman Victor Kaufman reported routine equity compensation activity. On February 9, 2026, he received 6,845 restricted stock units, which are scheduled to vest in equal installments on February 9 of 2027, 2028, and 2029, subject to continued service.
On February 10, 2026, 2,445 restricted stock units vested and converted into common shares at $0 per share, and 1,007 of those shares were withheld at $36.47 per share to cover taxes. Following these transactions, Kaufman directly held 22,483 IAC common shares, 4,890 restricted stock units, and 68,284 additional shares were held indirectly through a trust for his spouse.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,445 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.0001 | 2,445 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.0001 | 1,007 | $36.47 | $37K |
| Grant/Award | Restricted Stock Units | 6,845 | $0.00 | $0.00 |
| holding | Common Stock, par value $0.0001 | -- | -- | -- |
Footnotes (6)
- F1. Represents shares of IAC common stock acquired upon the vesting of restricted stock units.
- F2. Represents shares of lAC common stock withheld to cover the payment of taxes due in connection with the vesting of restricted stock units.
- F3. Reflects shares of IAC common stock held as of the date of this report by a grantor retained annuity trust established for the benefit of the reporting person's spouse (the "GRAT"), who also serves as trustee of the GRAT and is the sole annuitant of the GRAT.
- F4. Represents restricted stock units that vest in equal installments on each of February 9, 2027, 2028, and 2029, subject to continued service.
- F5. Represents restricted stock units that vest in equal installments on each of February 10, 2026, 2027, and 2028 subject to continued service.
- F6. 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 unvested restricted stock units reported on this Form 4 have been adjusted to reflect the Angi Spin.
FAQ
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What insider transactions did IAC (IAC) vice chairman Victor Kaufman report?
How many IAC (IAC) restricted stock units did Victor Kaufman receive and when do they vest?
What are Victor Kaufman’s total reported IAC (IAC) equity interests after the transactions?
How were Victor Kaufman’s IAC (IAC) restricted stock units affected by the Angi spin-off?
What roles does Victor Kaufman hold at IAC (IAC) in this insider report?
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