Victor Kaufman of IAC Inc. (IAC) reports RSU grant and share withholding
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,445 shares exercised/converted
Mixed
5 txns
Insider
KAUFMAN VICTOR
Role
Vice Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,445 | $0.00 | -- |
| Exercise | Common Stock, par value $0.0001 | 2,445 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.0001 | 1,007 | $36.47 | $37K |
| Grant/Award | Restricted Stock Units | 6,845 | $0.00 | -- |
| holding | Common Stock, par value $0.0001 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 4,890 shares (Direct);
Common Stock, par value $0.0001 — 23,490 shares (Direct);
Common Stock, par value $0.0001 — 68,284 shares (Indirect, Spouse)
Footnotes (1)
- Represents shares of IAC common stock acquired upon the vesting of restricted stock units. Represents shares of lAC common stock withheld to cover the payment of taxes due in connection with the vesting of restricted stock units. 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. Represents restricted stock units that vest in equal installments on each of February 9, 2027, 2028, and 2029, subject to continued service. Represents restricted stock units that vest in equal installments on each of February 10, 2026, 2027, and 2028 subject to continued service. 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
What insider transactions did IAC (IAC) vice chairman Victor Kaufman report?
Victor Kaufman reported a grant of 6,845 restricted stock units and the vesting of 2,445 units that converted into common stock. He also had 1,007 shares withheld at $36.47 per share to cover taxes related to the vesting.
How many IAC (IAC) restricted stock units did Victor Kaufman receive and when do they vest?
Kaufman received 6,845 restricted stock units on February 9, 2026. These units vest in three equal installments on February 9 of 2027, 2028, and 2029, provided he continues to serve the company during that period.
What are Victor Kaufman’s total reported IAC (IAC) equity interests after the transactions?
After the reported transactions, Kaufman directly held 22,483 IAC common shares and 4,890 restricted stock units. In addition, 68,284 IAC common shares were reported as held indirectly through a grantor retained annuity trust benefiting his spouse.
How were Victor Kaufman’s IAC (IAC) restricted stock units affected by the Angi spin-off?
The company completed the Angi spin-off on March 31, 2025 via a special dividend of Angi Class A shares. The number of unvested restricted stock units reported for Kaufman was adjusted to reflect the effects of this Angi spin transaction.
What roles does Victor Kaufman hold at IAC (IAC) in this insider report?
In this insider report, Victor Kaufman is identified as a director and an officer of IAC, serving as vice chairman. The reported equity transactions relate to his compensation and share holdings in that leadership capacity at the company.