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IAC Inc. filed a Form 8-K on 4 Aug 2025 to furnish materials related to its results for the quarter ended 30 Jun 2025.
The company states that a detailed press release (Exhibit 99.1) and an investor presentation (Exhibit 99.2) have been posted to the Investor Relations page and are furnished under Items 2.02 and 7.01. The filing clarifies that the exhibits are not deemed “filed” for Exchange Act purposes, limiting associated liabilities, and that no financial statements or quantitative metrics are included within the 8-K itself. Aside from routine securities-law boilerplate, the document contains no other substantive disclosures.
IAC director Alexander von Furstenberg reported the vesting of 1,257 restricted stock units (RSUs) on June 23, 2025, which were converted to common stock at $0 exercise price. Following this transaction, von Furstenberg's total beneficial ownership stands at 103,710 shares, consisting of:
- 86,291 shares held directly (personally or through a trust)
- 17,419 share units under the Non-Employee Director Deferred Compensation Plan
The RSUs were part of a grant that vested in three equal annual installments from 2023 to 2025. The filing also notes that the number of unvested RSUs was adjusted following IAC's spin-off of Angi Inc., completed on March 31, 2025, through a special dividend distribution to IAC shareholders.
IAC director Alan G. Spoon reported multiple securities transactions on June 23, 2025. Key details include:
- Acquired 1,257 shares of common stock at $0 through the vesting of restricted stock units (RSUs)
- Currently holds 242,429 shares directly, including: - 106,625 shares held personally or through trust - 135,804 share units under Non-Employee Director Deferred Compensation Plan
- Indirectly owns 15,000 shares through Family LLC
- The RSU vesting was part of a three-year installment plan (2023-2025)
Notable context: The filing reflects adjustments from IAC's March 31, 2025 spin-off of Angi Inc., where IAC distributed its Angi Class A shares as a special dividend to stockholders.