Kulesh Shanmugasundaram - Feb 1, 2024 Form 4 Insider Report for Angi Inc. (ANGI)

Signature
Shannon M. Shaw as Attorney-in-Fact for Kulesh Shanmugasundaram
Stock symbol
ANGI
Transactions as of
Feb 1, 2024
Transactions value $
-$28,920
Form type
4
Date filed
2/1/2024, 09:33 PM
Previous filing
Jan 4, 2024
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANGI Class A Common Stock, par value $0.001 Sale -$28.9K -12K -23.42% $2.41 39.2K Feb 1, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 Reflects the sale of shares of ANGI Class A Common Stock effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 The price is a weighted average sales price that reflects prices ranging from $2.38 to $2.43. The reporting person agrees to provide, upon request by the Staff of the Securities and Exchange Commission, Angi Inc. or an Angi Inc. security holder, information regarding the number of shares sold at each separate price.