IAC (IAC) CLO Kendall Handler details multi-year RSU vesting and new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IAC Inc. executive vice president and chief legal officer Kendall Handler reported routine equity compensation activity. On February 6 and 8, 2026, restricted stock units converted into IAC common stock, with portions of the resulting shares withheld at $35.65 per share to cover taxes.
The filing also shows a new award of 123,220 restricted stock units on February 9, 2026, which vest in equal installments on each of February 9, 2027, 2028, and 2029, subject to continued service. Footnotes explain earlier RSU grants with multi-year vesting schedules and note that outstanding unvested RSUs were adjusted after IAC’s March 31, 2025 spin-off of Angi Inc.
Positive
- None.
Negative
- None.
Insider Trade Summary
90,998 shares exercised/converted
Mixed
10 txns
Insider
Handler Kendall
Role
EVP & CLO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 123,220 | $0.00 | -- |
| Exercise | Restricted Stock Units | 28,568 | $0.00 | -- |
| Exercise | Common Stock, par value $0.0001 | 28,568 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.0001 | 14,584 | $35.65 | $520K |
| Exercise | Restricted Stock Units | 19,388 | $0.00 | -- |
| Exercise | Restricted Stock Units | 43,042 | $0.00 | -- |
| Exercise | Common Stock, par value $0.0001 | 19,388 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.0001 | 9,898 | $35.65 | $353K |
| Exercise | Common Stock, par value $0.0001 | 43,042 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.0001 | 22,164 | $35.65 | $790K |
Holdings After Transaction:
Restricted Stock Units — 123,220 shares (Direct);
Common Stock, par value $0.0001 — 121,833 shares (Direct)
Footnotes (1)
- Reflects shares of IAC common stock acquired upon the vesting of restricted stock units. Represents shares withheld to cover taxes due in connection with vesting of restricted stock units. Represents restricted stock units that vest in three installments on the second (33%), third (33%) and fourth (33%) anniversaries of February 6, 2024, 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. Represents restricted stock units that vest in equal installments on each of February 6, 2026, 2027, and 2028 subject to continued service. Represents restricted stock units that vest in three installments on the first (25%), third (50%) and fourth (25%) anniversaries of February 8, 2023, subject to continued service. Represents restricted stock units that vest in equal installments on each of February 9, 2027, 2028, and 2029 subject to continued service.
FAQ
What insider transactions did IAC (IAC) report for Kendall Handler?
IAC reported that EVP & CLO Kendall Handler had restricted stock units convert into IAC common stock and a portion of the resulting shares withheld for taxes. The filing also discloses a new grant of 123,220 restricted stock units with multi-year service-based vesting.
How many new restricted stock units did Kendall Handler receive at IAC?
Kendall Handler received a new award of 123,220 restricted stock units. These units represent the right to receive the same number of IAC common shares in the future, subject to vesting conditions tied to continued service over several future vesting dates.
When do Kendall Handler’s new IAC restricted stock units vest?
The 123,220 restricted stock units granted to Kendall Handler vest in equal installments on each of February 9, 2027, 2028, and 2029. Vesting is conditioned on continued service, meaning units are delivered as common stock only if employment requirements are met.
How did the Angi spin-off affect Kendall Handler’s IAC restricted stock units?
A footnote explains that IAC completed the Angi Inc. spin-off on March 31, 2025 via a special dividend of Angi shares. The amount of unvested IAC restricted stock units reported for Kendall Handler has been adjusted to reflect this transaction and maintain appropriate economic value alignment.
What other vesting schedules apply to Kendall Handler’s existing IAC RSU grants?
Existing RSU grants vest in multiple installments over several years. One grant vests in three installments on the second, third and fourth anniversaries of February 6, 2024. Another vests on February 6, 2026, 2027 and 2028, and another in three installments tied to anniversaries of February 8, 2023.