[Form 4] IAC Inc. Insider Trading Activity

Rhea-AI Filing Summary

Form 4 overview: On 18 Jun 2025, IAC Inc. filed a Form 4 reporting that director Bonnie S. Hammer received 6,791 restricted stock units (RSUs) of IAC common stock at a conversion price of $0.

The RSUs were granted, not purchased; no cash changed hands and no shares were sold or disposed of. The award vests in three equal annual installments on 18 Jun 2026, 2027 and 2028, subject to Ms. Hammer’s continued board service. Following the transaction she beneficially owns 6,791 derivative securities, held directly.

This filing represents a routine director equity grant intended to align incentives with shareholders and has no material impact on IAC’s share count, cash flow or near-term valuation.

Insights

Securities Analyst

TL;DR: Routine director RSU grant; no cash outlay or share sale, neutral for valuation.

The Form 4 discloses a standard equity award of 6,791 RSUs to director Bonnie Hammer. With IAC’s multi-billion-dollar market cap, this quantity is immaterial and creates no dilution until vesting, which is staggered over three years. Because there is no disposition of shares and no insider buying with personal funds, the transaction does not signal bullish or bearish sentiment. It simply reinforces governance best practices of compensating directors in equity to foster alignment. From a portfolio perspective, the event is non-impactful to earnings, liquidity or capital structure.

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

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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^*

Hammer Bonnie S

(Last) (First) (Middle)

C/O IAC INC.

555 WEST 18TH STREET

(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)
06/18/2025

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

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(1)	$0	06/18/2025		A		6,791		(1)	(1)	Common Stock, par value $0.0001	6,791	$0	6,791	D

Explanation of Responses:

1. Represents restricted stock units that vest in equal installments on each of June 18, 2026, 2027, and 2028, subject to continued service.

Remarks:

	/s/ Kyra Ayo Caros as Attorney-In-Fact for Bonnie Hammer	06/23/2025
	** 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.

FAQ

How many RSUs did director Bonnie Hammer receive according to the IAC (IAC) Form 4?

6,791 restricted stock units were granted.

When do Bonnie Hammer's RSUs in IAC vest?

They vest in three equal installments on 18 June 2026, 2027 and 2028.

Did the Form 4 report any sale or disposal of IAC shares?

No. The filing shows only an acquisition of RSUs and no dispositions.

What ownership form applies to the acquired securities?

The 6,791 RSUs are held directly by Bonnie Hammer.

What was the transaction date disclosed in the Form 4?

The transaction occurred on 18 June 2025.