IAC (IAC) Files Form 4 for 6,791-Share RSU Grant to Director

Rhea-AI Filing Summary

IAC Inc. (IAC) director David S. Rosenblatt filed a Form 4 reporting the award of 6,791 restricted stock units (RSUs) on 18-Jun-2025. The RSUs were acquired at a price of $0 under code “A” (grant) and will vest in equal tranches on 18-Jun-2026, 2027 and 2028, conditioned on continued board service. After this grant, Rosenblatt holds 6,791 derivative securities representing common shares, all held directly. No open-market transactions, sales, or additional share holdings were disclosed. The filing represents a routine equity compensation event and carries no immediate earnings or cash-flow impact for IAC.

Positive

• Equity alignment: Three-year vesting RSUs tie the director’s incentives to IAC’s long-term share performance.

Negative

• Limited materiality: 6,791 RSUs represent a negligible fraction of shares outstanding, offering little insight into insider conviction.

Insights

Securities Analyst

TL;DR – Routine director equity grant; neutral for valuation.

The 6,791-unit RSU grant to director David Rosenblatt is modest and typical of board compensation plans. The award vests over three years, reinforcing alignment but creating no cash outlay or dilution of consequence for shareholders. With no accompanying sale or purchase, the filing offers no directional signal on insider sentiment and does not alter the company’s capital structure or liquidity profile.

Corporate Governance Expert

TL;DR – Standard compensation; supports alignment, immaterial impact.

Granting RSUs that vest annually through 2028 follows best-practice governance by linking director compensation to longer-term share performance. The size—6,791 units—is immaterial relative to IAC’s outstanding share count, so shareholder dilution is negligible. The staggered vesting schedule encourages continued board engagement but otherwise does not signal strategic change.

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^*

ROSENBLATT DAVID 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 David Rosenblatt	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 IAC shares did director David Rosenblatt acquire?

He was granted 6,791 restricted stock units representing common shares.

What was the transaction date listed in IAC’s Form 4?

The RSU grant occurred on June 18, 2025.

When do the granted RSUs to David Rosenblatt vest?

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

Did the filing report any sales or purchases of IAC common stock?

No. The Form 4 only disclosed an RSU grant; there were no sales or open-market purchases.

Is the ownership direct or indirect for these RSUs?

The Form 4 indicates the RSUs are held directly (D) by the reporting person.