Paul Ahlstrom - 23 Jan 2026 Form 4 Insider Report for Angel Studios, Inc. (ANGX)

Role
Director
Signature
/s/ Patrick J. Reilly, Attorney-in-Fact
Issuer symbol
ANGX
Transactions as of
23 Jan 2026
Net transactions value
$0
Form type
4
Filing time
26 Jan 2026, 16:26:56 UTC
Previous filing
20 Jan 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Ahlstrom Paul Director 295 W. CENTER ST, PROVO /s/ Patrick J. Reilly, Attorney-in-Fact 26 Jan 2026 0002020125

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANGX Class A Common Stock, par value $0.0001 per share Options Exercise +2,648 +0.12% 2,163,682 23 Jan 2026 Direct F1

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 ANGX Class A Common Stock Restricted Stock Units Options Exercise -2,648 -25% 7,945 23 Jan 2026 Class A Common Stock, par value $0.0001 per share 2,648 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSU's convert into Class A Common Stock on a one-for-one basis.
F2 Restricted Stock Units ("RSUs") are awarded under the Issuer's 2025 Long-Term Incentive Plan. The RSUs were effective on October 23, 2025, with such RSUs vesting in substantially equal quarterly increments, over a one-year period beginning October 23, 2025. Upon each vesting date, each vested RSU shall automatically convert into one share of common stock.