Kulesh Shanmugasundaram - May 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
May 1, 2024
Transactions value $
-$25,023
Form type
4
Date filed
5/1/2024, 04:43 PM
Previous filing
Apr 22, 2024
Next filing
Jun 3, 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 -$25K -11.7K -6.82% $2.13 161K May 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 $2.10 to $2.18. Upon request by the Staff of the Securities and Exchange Commission, the reporting person agrees to provide information regarding the number of shares sold at each separate price.