Patrick J. Reilly - 24 Apr 2025 Form 4 Insider Report for Angel Studios, Inc.

Signature
/s/ Patrick J. Reilly
Issuer symbol
N/A
Transactions as of
24 Apr 2025
Net transactions value
$0
Form type
4
Filing time
24 Apr 2025, 17:40:53 UTC
Previous filing
12 Sep 2024

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 +8,110 +11% 79,832 24 Apr 2025 Class C Common Stock, par value $0.001 per share 8,110 $32.76 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents stock options, granted under the Issuer's 2023 Performance Equity Plan, exercisable for shares of the Issuer's Class C Common Stock. These options will vest in 10 tranches, equally divided, with each tranche becoming vested based on a series of increasing stock price milestones.