Patrick J. Reilly - 09 Sep 2024 Form 4 Insider Report for Angel Studios, Inc.

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction		Stock Options	Award		+52,500	+39%		187,807	09 Sep 2024	Class F Common Stock, par value $0.001 per share	52,500	$30.24	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Represents stock options, granted under the Issuer's 2023 Stock Incentive Plan, exercisable for 52,500 shares of the Issuer's Class F Common Stock. These options will vest in substantially equal annual increments, with a one-year cliff, over a four-year period from the grant date.