IAC Director von Furstenberg Acquires 1,257 Shares Through RSU Vesting
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.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,257 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.0001 | 1,257 | $0.00 | $0.00 |
Footnotes (4)
- F1. Reflects shares of IAC common stock acquired upon the vesting of restricted stock units (see footnote 3 below).
- F2. 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.
- F3. Represents restricted stock units that vested/vest in equal installments on each of June 23, 2023, 2024, and 2025, subject to continued service.
- F4. 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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