[Form 4] Angi Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Boon Kris reported acquisition or exercise transactions in this Form 4 filing.
Angi Inc. reported that Chief Product Officer Kris Boon received a grant of 42,500 restricted stock units. Each unit represents a contingent right to receive one share of Angi Class A common stock.
The restricted stock units vest in a single installment on March 1, 2027, conditioned on Boon’s continued service with Angi through that vesting date. Following this award, Boon holds 42,500 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Boon Kris
Role
Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 42,500 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 42,500 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The restricted stock units vest in one installment on March 1, 2027, subject to the Reporting Person's continued service to the Issuer on the vesting date.
Key Figures
RSUs granted: 42,500 units
Underlying shares: 42,500 shares
Post-grant RSU holdings: 42,500 units
+2 more
5 metrics
RSUs granted
42,500 units
Restricted stock units awarded to Kris Boon
Underlying shares
42,500 shares
Class A common stock related to RSUs
Post-grant RSU holdings
42,500 units
Total restricted stock units following transaction
Vesting date
March 1, 2027
Single installment vesting for RSU award
Exercise price
$0.00 per unit
RSUs granted at no cash exercise price
Key Terms
Restricted Stock Units, Class A Common Stock, contingent right, vest, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"underlying_security_title: "Class A Common Stock, par value $0.001""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
vest financial
"The restricted stock units vest in one installment on March 1, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
continued service financial
"subject to the Reporting Person's continued service to the Issuer"
FAQ
What insider transaction did Angi (ANGI) disclose for Kris Boon?
Angi disclosed that Chief Product Officer Kris Boon received 42,500 restricted stock units as a compensation grant. These units provide a right to receive the same number of Class A common shares if vesting conditions, including continued service, are satisfied.
How many restricted stock units did Angi’s Chief Product Officer receive?
Kris Boon received a grant of 42,500 restricted stock units from Angi. Each restricted stock unit corresponds to one share of Class A common stock that may be delivered if the award vests based on the specified service requirement.
When do Kris Boon’s Angi restricted stock units vest?
The restricted stock units granted to Kris Boon vest in a single installment on March 1, 2027. Vesting is contingent on his continued service to Angi through that date, meaning the shares are not earned if that condition is not met.
What does each Angi restricted stock unit granted to Kris Boon represent?
Each restricted stock unit represents a contingent right to receive one share of Angi Class A common stock. The units do not provide shares immediately; instead, shares may be delivered if the vesting and continued service conditions are satisfied on the specified date.
Is Kris Boon’s Angi RSU transaction an open-market stock purchase or sale?
No, Kris Boon’s transaction is a compensation-related grant of 42,500 restricted stock units, not an open-market buy or sell. The award was received at no cash cost and will convert into shares only if the vesting conditions are met.