Eric Glen Nickle - 18 Nov 2025 Form 4 Insider Report for Angel Studios, Inc. (PORT)

Reporting relationship: Chief Legal Officer
Issuer ticker: PORT
Reported as of: 18 Nov 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 20 Nov 2025, 13:34:10 UTC
Prior SEC filing: 09 Oct 2025
Source filing: View source filing
Reporting owner signature: /s/ Patrick J. Reilly, Attorney-in-Fact

Key filing fact

Eric Glen Nickle filed Form 4 for Angel Studios, Inc. (PORT) on 20 Nov 2025.

Key facts

This page summarizes Eric Glen Nickle's Form 4 filing for Angel Studios, Inc. (PORT).
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 20 Nov 2025, 13:34.

Change

Previous filing in this sequence was filed on 09 Oct 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

Reporting Owners (1)

CIK 0001752824 Primary reporting owner

Nickle Eric Glen

Relationship: Chief Legal Officer
Address: 295 W. CENTER ST., PROVO
Signature: /s/ Patrick J. Reilly, Attorney-in-Fact
Signature date: 20 Nov 2025

Reported derivative securities

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

ANGX transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares: +140,457
Change %
Price
Shares after: 140,457
Date: 18 Nov 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 140,457
Exercise price
Footnotes: F1

ANGX transaction Derivative

Performance Stock Units

Award

Transaction value
Shares: +58,482
Change %
Price
Shares after: 58,482
Date: 18 Nov 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 58,482
Exercise price
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Restricted Stock Units ("RSUs") are awarded under the Issuer's 2025 Long-Term Incentive Plan. The RSUs were effective on November 18, 2025, with such RSUs vesting one-third at the close of business on November 18, 2026, and the remaining two-thirds vesting in eight quarterly installments following such anniversary with settlement of such RSUs occurring on the second trading day following the Company's public release of quarterly earnings during the applicable quarter.

Footnote F2

Performance Stock Units ("PSUs") are awarded under the Issuer's 2025 Long-Term Incentive Plan. These awards are considered "Full Value Awards" for purposes of the Company's 2025 Long-Term Incentive Plan. The PSUs were effective on November 18, 2025 and will vest in 10 tranches, equally divided, with each tranche becoming vested based on a series of increasing stock price milestones.