IAC (NASDAQ: IAC) director granted 359 deferred share units, expands stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EISNER MICHAEL D reported acquisition or exercise transactions in this Form 4 filing.
IAC Inc. director Michael D. Eisner received a grant of 359 share units of common stock on March 31, 2026, recorded at $40.03 per unit. The filing notes these represent share units accrued under the Non-Employee Director Deferred Compensation Plan.
Following this award, Eisner directly holds 172,505 share units. The filing also shows an indirect holding of 40,555 share units through a trust of which he is trustee, including 5,156 share units accrued under the same deferred compensation plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
EISNER MICHAEL D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.0001 | 359 | $40.03 | $14K |
| holding | Common Stock, par value $0.0001 | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.0001 — 172,505 shares (Direct);
Common Stock, par value $0.0001 — 40,555 shares (Indirect, Through a trust, of which the reporting person is trustee)
Footnotes (1)
- Represents share units accrued under the Non-Employee Director Deferred Compensation Plan as of the date of this report. lncludes 5,156 share units accrued under the Non-Employee Director Deferred Compensation Plan as of the date of this report.
Key Figures
Share units granted: 359 share units
Grant reference price: $40.03 per unit
Direct holdings after grant: 172,505 share units
+2 more
5 metrics
Share units granted
359 share units
Grant on March 31, 2026 under Non-Employee Director Deferred Compensation Plan
Grant reference price
$40.03 per unit
Recorded price for 359 share units granted on March 31, 2026
Direct holdings after grant
172,505 share units
Direct position following the March 31, 2026 grant
Indirect trust holdings
40,555 share units
Held through a trust where Eisner is trustee, as of report date
Deferred plan units within trust
5,156 share units
Share units accrued under the Non-Employee Director Deferred Compensation Plan in trust
Key Terms
Non-Employee Director Deferred Compensation Plan, share units, indirect ownership, trust
4 terms
Non-Employee Director Deferred Compensation Plan financial
"Represents share units accrued under the Non-Employee Director Deferred Compensation Plan as of the date"
indirect ownership financial
"total_shares_following_transaction 40,555.0000, direct_or_indirect I, ownership_type indirect"
trust financial
"Through a trust, of which the reporting person is trustee"
FAQ
What insider transaction did IAC (IAC) director Michael D. Eisner report?
Michael D. Eisner reported receiving 359 share units of IAC common stock as a grant on March 31, 2026. The units were accrued under the Non-Employee Director Deferred Compensation Plan and are recorded at $40.03 per unit.
What indirect IAC holdings does Michael D. Eisner report through a trust?
The filing shows 40,555 IAC share units held indirectly through a trust for which Michael D. Eisner serves as trustee. This indirect position includes 5,156 share units accrued under the Non-Employee Director Deferred Compensation Plan as of the date of the report.
Was Michael D. Eisner’s IAC transaction a market purchase or a compensation grant?
The transaction was a compensation-related grant, not an open-market purchase. It is classified as a grant or award acquisition, with 359 share units accrued under the Non-Employee Director Deferred Compensation Plan on March 31, 2026.