Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Angi Inc. Director's Dealing 2025

Jun 3, 2025

32480_dirs_2025-06-02_291aaeb6-336c-475f-be42-1bad9819374a.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Angi Inc. (ANGI)
CIK: 0001705110
Period of Report: 2025-05-29

Reporting Person: LEVIN JOSEPH (Director, Executive Chairman)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-05-29 Options to Purchase Class A Common Stock, par value $0.001 $15.69 A 500000 Acquired 2035-05-29 Class A Common Stock, par value $0.001 (500000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock, par value $0.001 669777 Direct

Footnotes

F1: On January 13, 2025, pursuant to that certain Employment Transition Agreement entered into by IAC Inc. and the Reporting Person, IAC Inc. transferred 5,008,600 fully vested shares of ANGI Class B Common Stock to the Reporting Person, all of which the Reporting Person converted into shares of ANGI Class A Common Stock on a one-for-one basis in accordance with their terms. Effective on March 24, 2025, ANGI effected a 1-for-10 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.

F2: On March 31, 2025, the Reporting Person received 168,917 shares of ANGI Class A common stock in connection with the completion of the spin-off by IAC Inc. ("IAC") 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 share of IAC Stock then held. This transaction is exempt under Rule 16b-3.

F3: Represents a grant of options that vest in four equal installments over four years on the anniversary of the grant date, subject to continued service.