IAC Board Member Rosenblatt Increases Stake Following Angi Spinoff Adjustments

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Form Type

Rhea-AI Filing Summary

David S. Rosenblatt, Director of IAC, reported changes in beneficial ownership following the vesting of restricted stock units (RSUs) on June 23, 2025. Key details:

Acquired 1,257 shares of IAC common stock at $0 upon RSU vesting
Total beneficial ownership following transaction: 85,756 shares, consisting of: - 59,763 shares held directly - 25,993 share units under Non-Employee Director Deferred Compensation Plan
The RSUs were part of a grant vesting in equal installments over three years (2023-2025)
Share amounts reflect adjustment following March 31, 2025 spin-off of Angi Inc.

This Form 4 filing represents routine insider activity related to scheduled equity compensation vesting for a board member, with no open market transactions reported.

Insider Trade Summary

1,257 shares exercised/converted

Mixed 2 txns

Insider ROSENBLATT DAVID S

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	1,257	$0.00	--
Grant/Award	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 — 85,756 shares (Direct)

Footnotes (1)

Reflects shares of IAC common stock acquired upon the vesting of restricted stock units (see footnote 3 below). lncludes: (i) 59,763 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) 25,993 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.

Form 4 Insider Transactions: What Each Field Means →

06/25/2025 - 04:31 PM

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^*

ROSENBLATT DAVID S

(Last)

(First)

(Middle)

C/O IAC INC.

555 WEST 18TH STREET

(Street)

NEW YORK

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.0001⁽¹⁾	06/23/2025		A		1,257	A	$0	85,756⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
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) 59,763 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) 25,993 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 David Rosenblatt	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 Director David Rosenblatt acquire on June 23, 2025?

Director David Rosenblatt acquired 1,257 shares of IAC common stock on June 23, 2025, through the vesting of restricted stock units (RSUs). These shares were acquired at $0 as part of a predetermined vesting schedule.

What is David Rosenblatt's total IAC stock ownership after the June 2025 transaction?

Following the transaction, David Rosenblatt beneficially owns 85,756 shares of IAC, which includes 59,763 shares held directly (personally or through a trust) and 25,993 share units accrued under the Non-Employee Director Deferred Compensation Plan.

What was the vesting schedule for IAC Director Rosenblatt's RSUs?

The restricted stock units vested/vest in equal installments over three years on June 23, 2023, 2024, and 2025, subject to continued service as a director. The June 23, 2025 vesting represents the final installment of this RSU grant.

How did IAC's Angi spin-off affect Rosenblatt'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.