Elizabeth Ellis - 05 Dec 2025 Form 4 Insider Report for Angel Studios, Inc. (PORT)

Reporting relationship: Chief Operating Officer
Issuer ticker: PORT
Reported as of: 05 Dec 2025
Net transaction value: +$3,200
SEC form: 4
Accepted by SEC: 09 Dec 2025, 16:25:01 UTC
Prior SEC filing: 20 Nov 2025
Next SEC filing: 03 Aug 2026
Source filing: View source filing
Reporting owner signature: /s/ Patrick J. Reilly, Attorney-in-Fact

Key filing fact

Elizabeth Ellis filed Form 4 for Angel Studios, Inc. (PORT) on 09 Dec 2025.

Key facts

This page summarizes Elizabeth Ellis's Form 4 filing for Angel Studios, Inc. (PORT).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 09 Dec 2025, 16:25.

Change

Previous filing in this sequence was filed on 20 Nov 2025.
Current net transaction value: +$3,200.

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 0002020252 Primary reporting owner

Ellis Elizabeth

Relationship: Chief Operating Officer
Address: 295 W. CENTER ST., PROVO
Signature: /s/ Patrick J. Reilly, Attorney-in-Fact
Signature date: 09 Dec 2025

Reported non-derivative transactions

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

ANGX transaction

Class B Common Stock, par value $0.0001 per share

Exercise of in-the-money or at-the-money derivative security

Transaction value: $3,200
Shares: +20,000
Change %: +15%
Price: $0.1600
Shares after: 153,761
Date: 05 Dec 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: 26,752
Date: 05 Dec 2025
Ownership: See Footnote
Footnotes: F1

Reported derivative securities

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

ANGX transaction Derivative

Stock Option (Right to Buy)

Exercise of in-the-money or at-the-money derivative security

Transaction value: $0
Shares: -20,000
Change %: -13%
Price: $0.000000
Shares after: 129,812
Date: 05 Dec 2025
Ownership: Direct
Underlying class: Class B Common Stock
Underlying amount: 20,000
Exercise price: $0.1600
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

These shares of Class B Common Stock are held by an immediate family member of Mrs. Ellis sharing the same household. Mrs. Ellis is thus deemed to hold an indirect pecuniary interest in these shares of Class B Common Stock.

Footnote F2

The fully-vested stock options represent the right to purchase shares of Angel Studios, Inc's Class B Common Stock, par value $0.0001 per share.