IAC (IAC) director gains shares as RSUs vest and retains 97,261 total
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Director David S. Rosenblatt reported routine equity compensation activity at IAC. On June 18, 2026, he acquired 2,263 shares of IAC common stock at a price of $0.00 per share upon the vesting of previously granted restricted stock units. Following this transaction, he directly holds 97,261 shares of common stock.
Rosenblatt also holds 4,528 restricted stock units (RSUs) after the event. According to the disclosure, these RSUs vest in equal installments on June 18, 2026, 2027, and 2028, and each installment is subject to his continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,263 shares exercised/converted
Mixed
2 txns
Insider
ROSENBLATT DAVID S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,263 | $0.00 | -- |
| Exercise | Common Stock, par value $0.0001 | 2,263 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 4,528 shares (Direct, null);
Common Stock, par value $0.0001 — 97,261 shares (Direct, null)
Footnotes (1)
- Reflects shares of IAC common stock acquired upon the vesting of restricted stock units ("RSUs"). Represents RSUs that vest in equal installments on each of June 18, 2026, 2027, and 2028 subject to continued service.
Key Figures
Shares acquired via RSU vesting: 2,263 shares
Shares held after transaction: 97,261 shares
RSUs held after transaction: 4,528 RSUs
+3 more
6 metrics
Shares acquired via RSU vesting
2,263 shares
Common stock acquired on June 18, 2026 at $0.00 per share
Shares held after transaction
97,261 shares
Total direct IAC common stock holding following Form 4 transactions
RSUs held after transaction
4,528 RSUs
Restricted stock units remaining after June 18, 2026 event
RSU vesting dates
June 18, 2026, 2027, 2028
RSUs vest in equal installments on each stated date
Exercise/vesting price
$0.00 per share
Price per share for common stock acquired from RSU vesting
Derivative exercises reported
1 exercise, 2 derivative-related entries
Form 4 transactionSummary shows 1 exercise covering 2,263 shares
Key Terms
Restricted Stock Units, derivative security, vesting, continued service
4 terms
Restricted Stock Units financial
"Represents RSUs that vest in equal installments on each of June 18, 2026, 2027, and 2028 subject to continued service."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"Transaction code description notes an Exercise or conversion of derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting financial
"Reflects shares of IAC common stock acquired upon the vesting of restricted stock units ("RSUs")."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
continued service financial
"RSUs vest in equal installments ... in 2026, 2027, and 2028 subject to continued service."
FAQ
What did David S. Rosenblatt report in this IAC (IAC) Form 4 filing?
David S. Rosenblatt reported acquiring 2,263 shares of IAC common stock through vesting of restricted stock units. The transaction was a derivative exercise at $0.00 per share, reflecting routine equity compensation rather than an open-market stock purchase or sale.
What is the size and structure of David S. Rosenblatt’s RSU holdings at IAC?
Rosenblatt holds 4,528 restricted stock units (RSUs) at IAC after this filing. These RSUs vest in three equal installments on June 18, 2026, 2027, and 2028, providing a staggered equity compensation schedule tied to his ongoing service.
What do the vesting conditions on David S. Rosenblatt’s IAC RSUs require?
The RSUs reported for David S. Rosenblatt vest in equal installments on June 18, 2026, 2027, and 2028, subject to his continued service. This means he must remain in his role through each date to receive the corresponding portion of the RSU award.