Andrew Russakoff - 31 Mar 2025 Form 4 Insider Report for Angi Inc. (ANGI)

Role
CFO
Signature
Tanya M. Stanich as Attorney-in-Fact for Russakoff Andrew
Issuer symbol
ANGI
Transactions as of
31 Mar 2025
Net transactions value
$0
Form type
4
Filing time
16 May 2025, 16:11:15 UTC
Previous filing
03 Mar 2025
Next filing
10 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Russakoff Andrew CFO C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER Tanya M. Stanich as Attorney-in-Fact for Russakoff Andrew 16 May 2025 0001933705

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 Award $0 +590 +1% $0.000000 58,332 31 Mar 2025 Direct F1, F2

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 ANGI Restricted Stock Units Award $0 +20,000 $0.000000 20,000 06 May 2025 Class A Common Stock, par value $0.001 20,000 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 31, 2025, the Reporting Person received 590 shares of ANGI Class A common stock in connection with the completion of the spin-off by IAC Inc. ("IAC") of ANGI by means of a special dividend (the "Distribution") of all of the shares of Class A Common Stock then held by IAC to holders of its common stock and Class B common stock (together, the "IAC Stock"). This special dividend was paid through the distribution of 42,080,232 shares of Class A Common Stock on March 31, 2025 to holders of record of IAC Stock as of the close of business on March 25, 2025 (the "Record Date"), on a pro rata basis. Holders of IAC Stock as of the Record Date received 0.5251 shares of Class A Common Stock for each share of IAC Stock then held. This transaction is exempt under Rule 16b-3.
F2 Effective on March 24, 2025, the Issuer effected a 1-for-10 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.
F3 Represents restricted stock units that vest in two equal installments on each of March 1, 2026 and 2027, subject to continued service.