Michael H. Schwerdtman - 28 Feb 2026 Form 4 Insider Report for IAC Inc. (IAC)

Reporting relationship: SVP and CAO
Issuer ticker: IAC
Reported as of: 28 Feb 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 04 Mar 2026, 20:37:32 UTC
Prior SEC filing: 04 Dec 2024
Next SEC filing: 01 Jun 2026
Source filing: View source filing
Reporting owner signature: /s/ Kyra Ayo Caros as Attorney-In-Fact for Michael Schwerdtman

Key filing fact

Michael H. Schwerdtman filed Form 4 for IAC Inc. (IAC) on 04 Mar 2026.

Key facts

This page summarizes Michael H. Schwerdtman's Form 4 filing for IAC Inc. (IAC).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 04 Mar 2026, 20:37.

Change

Previous filing in this sequence was filed on 04 Dec 2024.
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 0001310676 Primary reporting owner

Schwerdtman Michael H

Relationship: SVP and CAO
Address: C/O IAC INC., 555 WEST 18TH STREET, NEW YORK
Signature: /s/ Kyra Ayo Caros as Attorney-In-Fact for Michael Schwerdtman
Signature date: 04 Mar 2026

Reported non-derivative transactions

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

IAC transaction

Common Stock, par value $0.0001

Options Exercise

Transaction value
Shares: +11,262
Change %: +39%
Price: $0.000000^*
Shares after: 40,005
Date: 28 Feb 2026
Ownership: Direct
Footnotes: F1

IAC transaction

Common Stock, par value $0.0001

Tax liability

Transaction value
Shares: -4,384
Change %: -11%
Price: $38.32^*
Shares after: 35,621
Date: 28 Feb 2026
Ownership: Direct
Footnotes: F2

Reported derivative securities

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

IAC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -11,262
Change %: -50%
Price: $0.000000^*
Shares after: 11,262
Date: 28 Feb 2026
Ownership: Direct
Underlying class: Common Stock, par value $0.0001
Underlying amount: 11,262
Exercise price: $0.000000
Footnotes: F3, F4

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents shares of IAC common stock acquired upon the vesting of restricted stock units.

Footnote F2

Represents shares withheld to cover taxes due in connection with vesting of restricted stock units.

Footnote F3

Represents restricted stock units that vest in two equal installments on February 28, 2026 and 2027, subject to continued service.

Footnote F4

On March 31, 2025, IAC completed the spin-off of its ownership in Angi Inc. by means of a special dividend 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 (the "Angi Spin"). The amount of unvested restricted stock units reported on this Form 4 have been adjusted to reflect the Angi Spin.