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IAC Board Member Increases Stake to 103K Shares Following Angi Spin-off

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

IAC director Alexander von Furstenberg reported the vesting of 1,257 restricted stock units (RSUs) on June 23, 2025, which were converted to common stock at $0 exercise price. Following this transaction, von Furstenberg's total beneficial ownership stands at 103,710 shares, consisting of:

  • 86,291 shares held directly (personally or through a trust)
  • 17,419 share units under the Non-Employee Director Deferred Compensation Plan

The RSUs were part of a grant that vested in three equal annual installments from 2023 to 2025. The filing also notes that the number of unvested RSUs was adjusted following IAC's spin-off of Angi Inc., completed on March 31, 2025, through a special dividend distribution to IAC shareholders.

Positive

  • None.

Negative

  • None.
Insider Von Furstenberg Alexander
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Units 1,257 $0.00 --
Exercise Common Stock, par value $0.0001 1,257 $0.00 --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock, par value $0.0001 — 103,710 shares (Direct)
Footnotes (1)
  1. Reflects shares of IAC common stock acquired upon the vesting of restricted stock units (see footnote 3 below). lncludes: (i) 86,291 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) 17,419 share units accrued under the Non-Employee Director Deferred Compensation Plan as of the date of this report. Represents restricted stock units that vested/vest in equal installments on each of June 23, 2023, 2024, and 2025, 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.
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Form 4 Insider Transactions: What Each Field Means →
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*
Von Furstenberg Alexander
(Last) (First) (Middle)
C/O ARROW FINANCE
555 WEST 18TH STREET, 5TH FLOOR
(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)
06/23/2025
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
Common Stock, par value $0.0001(1) 06/23/2025 M 1,257 A $0 103,710(2) D
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(3) $0 06/23/2025 M 1,257 (3) (3) Common Stock, par value $0.0001 1,257 $0 0(4) D
Explanation of Responses:
1. Reflects shares of IAC common stock acquired upon the vesting of restricted stock units (see footnote 3 below).
2. lncludes: (i) 86,291 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) 17,419 share units accrued under the Non-Employee Director Deferred Compensation Plan as of the date of this report.
3. Represents restricted stock units that vested/vest in equal installments on each of June 23, 2023, 2024, and 2025, subject to continued service.
4. 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.
Remarks:
/s/ Kyra Ayo Caros as Attorney-In-Fact for Alex von Furstenberg 06/25/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

How many IAC shares did Alexander von Furstenberg acquire on June 23, 2025?

Alexander von Furstenberg acquired 1,257 shares of IAC common stock on June 23, 2025, through the vesting of restricted stock units (RSUs).

What is Alexander von Furstenberg's total IAC stock ownership after the June 2025 transaction?

Following the transaction, von Furstenberg beneficially owned 103,710 shares of IAC, which includes 86,291 shares held directly (personally or through a trust) and 17,419 share units accrued under the Non-Employee Director Deferred Compensation Plan.

What was the vesting schedule for IAC restricted stock units granted to von Furstenberg?

The restricted stock units vested in equal installments over three years on June 23, 2023, 2024, and 2025, subject to continued service as a director.

How did IAC's Angi spin-off affect von Furstenberg's restricted stock units?

On March 31, 2025, IAC completed the spin-off of Angi Inc. through a special dividend of Class A Common Stock to IAC shareholders. The number of unvested restricted stock units was adjusted to reflect this spin-off transaction.

What is Alexander von Furstenberg's role at IAC?

Alexander von Furstenberg serves as a Director of IAC Inc., as indicated by the 'X' marked in the Director box on the Form 4 filing.