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

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
01 Apr 2025, 16:35:57 UTC
Prior SEC filing
11 Mar 2025
Next SEC filing
09 Dec 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ TANYA M. STANICH, ASSISTANT SECRETARY, IAC INC.

Key filing fact

IAC Inc. filed Form 4 for Angi Inc. (ANGI) on 01 Apr 2025.

Key facts

  • This page summarizes IAC Inc.'s Form 4 filing for Angi Inc. (ANGI).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 01 Apr 2025, 16:35.

Change

  • Previous filing in this sequence was filed on 11 Mar 2025.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ANGI transaction

Class A Common Stock, par value $0.001

Options Exercise

Transaction value
$0
Shares
+41,701,064
Change %
+10998%
Price
$0.000000
Shares after
42,080,232
Date
31 Mar 2025
Ownership
Direct
Footnotes
F1
ANGI transaction

Class A Common Stock, par value $0.001

Disposed to Issuer

Transaction value
$0
Shares
-42,080,232
Change %
-100%
Price
$0.000000
Shares after
0
Date
31 Mar 2025
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ANGI transaction Derivative

Class B Common Stock, par value $0.001

Options Exercise

Transaction value
$0
Shares
-41,701,064
Change %
-100%
Price
$0.000000
Shares after
0
Date
31 Mar 2025
Ownership
Direct
Underlying class
Class A Common Stock, par value $0.001
Underlying amount
41,701,064
Exercise price
$0.000000
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents shares of Class A common stock, par value $0.001 ("Class A Common Stock"), of Angi Inc. ("Angi") that were acquired by the reporting person upon the conversion of shares of Class B common stock, par value $0.001, of Angi ("Class B Common Stock") on a one-for-one basis pursuant to the terms of the Class B Common Stock (see footnote 3 below).

Footnote F2

On March 31, 2025, IAC Inc. ("IAC") completed the spin-off 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 shares of IAC Stock then held. Holders of IAC Stock did not receive fractional shares of Class A Common Stock in connection with the Distribution. Instead, holders of IAC Stock received (if applicable) a cash payment in lieu of any fractional shares of Class A Common Stock that they otherwise would have received in connection with the Distribution.

Footnote F3

On March 31, 2025, IAC converted 41,701,064 shares of Class B Common Stock, which constituted all of the outstanding shares of Class B Common Stock, into shares of Class A Common Stock on a one-for-one basis pursuant to the terms of the Class B Common Stock.

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