Seth Taylor - 10 Sep 2025 Form 3 Insider Report for Angel Studios, Inc. (PORT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
3
Accepted by SEC
22 Sep 2025, 21:57:41 UTC
Prior SEC filing
21 Jul 2025
Next SEC filing
22 Sep 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Patrick J. Reilly, Attorney-in-Fact

Key filing fact

Seth Taylor filed Form 3 for Angel Studios, Inc. (PORT) on 22 Sep 2025.

Key facts

  • This page summarizes Seth Taylor's Form 3 filing for Angel Studios, Inc. (PORT).
  • 0 reported transactions and 9 derivative rows are listed below.
  • Accepted by SEC: 22 Sep 2025, 21:57.

Change

  • Previous filing in this sequence was filed on 21 Jul 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

Official SEC source

Ownership activity is grounded in SEC Form 3 disclosures.

View source filing

Reporting Owners (1)

CIK 0002020200 Primary reporting owner

Taylor Seth

Relationship
Chief Experience Officer
Address
295 W. CENTER ST., PROVO
Signature
/s/ Patrick J. Reilly, Attorney-in-Fact
Signature date
22 Sep 2025

Reported non-derivative transactions

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

ANGX holding

Class A Common Stock, par value $0.0001 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,494
Date
10 Sep 2025
Ownership
Direct
ANGX holding

Class B Common Stock, par value $0.0001 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
267
Date
10 Sep 2025
Ownership
Direct

Reported derivative securities

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

ANGX holding Derivative

Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
10 Sep 2025
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
160,513
Exercise price
$1.62
Footnotes
F1
ANGX holding Derivative

Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
10 Sep 2025
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
53,504
Exercise price
$2.24
Footnotes
F2
ANGX holding Derivative

Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
10 Sep 2025
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
18,646
Exercise price
$2.24
Footnotes
F3
ANGX holding Derivative

Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
10 Sep 2025
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
26,752
Exercise price
$2.66
Footnotes
F4
ANGX holding Derivative

Performance Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
10 Sep 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
89,513
Exercise price
$2.66
Footnotes
F5
ANGX holding Derivative

Performance Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
10 Sep 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
13,547
Exercise price
$2.66
Footnotes
F6
ANGX holding Derivative

Performance Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
10 Sep 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
99,732
Exercise price
$5.66
Footnotes
F7
ANGX holding Derivative

Performance Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
10 Sep 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
31,417
Exercise price
$6.13
Footnotes
F8
ANGX holding Derivative

Performance Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
10 Sep 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
5,676
Exercise price
$7.29
Footnotes
F9
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 footnotes

Footnote F1

Prior to the Issuer's business combination (the "Business Combination"), the fully-vested stock options represented the right to purchase 30,000 shares of Angel Legacy, Inc's Class F Common Stock, par value $0.001 per share. Following the Issuer's business combination, the fully-vested stock options converted into the right to purchase 160,513 shares of the Issuer's Class B Common Stock.

Footnote F2

Prior to the Business Combination, the fully-vested stock options represented the right to purchase 10,000 shares of Angel Legacy, Inc's Class F Common Stock, par value $0.001 per share. Following the Issuer's business combination, the fully-vested stock options converted into the right to purchase 53,504 shares of the Issuer's Class B Common Stock. Twenty-five percent (25%) of these options vested on April 1, 2023, with the remaining options vesting in equal monthly installments through April 1, 2026.

Footnote F3

Prior to the Business Combination, the fully-vested stock options represented the right to purchase 3,485 shares of Angel Legacy, Inc's Class F Common Stock, par value $0.001 per share. Following the Issuer's business combination, the fully-vested stock options converted into the right to purchase 18,646 shares of the Issuer's Class B Common Stock.

Footnote F4

Prior to the Business Combination, the fully-vested stock options represented the right to purchase 5,000 shares of Angel Legacy, Inc's Class F Common Stock, par value $0.001 per share. Following the Issuer's business combination, the fully-vested stock options converted into the right to purchase 26,752 shares of the Issuer's Class B Common Stock.

Footnote F5

Prior to the Business Combination, the performance stock units (PSUs) were granted under Angel Legacy, Inc's. 2023 Performance Equity Plan and represented the right to purchase 16,730 shares of Angel Legacy Inc.'s Class C Common Stock. Following the Business Combination, the PSUs converted into the right to purchase 89,513 shares of the Issuer's Class A Common Stock. These options will vest in 10 tranches, equally divided, with each tranche becoming vested based on a series of increasing stock price milestones.

Footnote F6

Prior to the Business Combination, the performance stock units (PSUs) were granted under Angel Legacy, Inc's. 2023 Performance Equity Plan and represented the right to purchase 2,532 shares of Angel Legacy Inc.'s Class C Common Stock. Following the Business Combination, the PSUs converted into the right to purchase 13,547 shares of the Issuer's Class A Common Stock. These options will vest in 10 tranches, equally divided, with each tranche becoming vested based on a series of increasing stock price milestones.

Footnote F7

Prior to the Business Combination, the performance stock units (PSUs) were granted under Angel Legacy, Inc's. 2023 Performance Equity Plan and represented the right to purchase 18,640 shares of Angel Legacy Inc.'s Class C Common Stock. Following the Business Combination, the PSUs converted into the right to purchase 99,732 shares of the Issuer's Class A Common Stock. These options will vest in 10 tranches, equally divided, with each tranche becoming vested based on a series of increasing stock price milestones.

Footnote F8

Prior to the Business Combination, the performance stock units (PSUs) were granted under Angel Legacy, Inc's. 2023 Performance Equity Plan and represented the right to purchase 5,872 shares of Angel Legacy Inc.'s Class C Common Stock. Following the Business Combination, the PSUs converted into the right to purchase 31,417 shares of the Issuer's Class A Common Stock. These options will vest in 10 tranches, equally divided, with each tranche becoming vested based on a series of increasing stock price milestones.

Footnote F9

Prior to the Business Combination, the performance stock units (PSUs) were granted under Angel Legacy, Inc's. 2023 Performance Equity Plan and represented the right to purchase 1,061 shares of Angel Legacy Inc.'s Class C Common Stock. Following the Business Combination, the PSUs converted into the right to purchase 5,676 shares of the Issuer's Class A Common Stock. These options will vest in 10 tranches, equally divided, with each tranche becoming vested based on a series of increasing stock price milestones.

SEC remarks

Exhibit 24 - Power of Attorney

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