Angi (NASDAQ: ANGI) CLO granted 16,250 restricted stock units vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Shaw Shannon reported acquisition or exercise transactions in this Form 4 filing.
Angi Inc. reported that its Chief Legal Officer, Shannon Shaw, received a grant of 16,250 restricted stock units. Each unit represents the right to receive one share of Class A Common Stock. The award vests in a single installment on March 1, 2027, if Shaw continues serving the company through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shaw Shannon
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 16,250 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 16,250 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: 16,250 units
Underlying shares: 16,250 shares
Reported holdings after grant: 16,250 units
+2 more
5 metrics
RSUs granted
16,250 units
Restricted Stock Units granted to Chief Legal Officer
Underlying shares
16,250 shares
Class A Common Stock represented by the RSUs
Reported holdings after grant
16,250 units
Total derivative securities following the transaction
Vesting date
March 1, 2027
Single-installment vesting date for the RSU award
Grant price
$0.00 per unit
Reported transaction price per restricted stock unit
Key Terms
Restricted Stock Units, Class A Common Stock, vest, continued service
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock."
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
"Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock."
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.
vest financial
"The restricted stock units vest in one installment on March 1, 2027, subject to the Reporting Person's continued service"
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 on the vesting date."
FAQ
What insider transaction did Angi (ANGI) report for Shannon Shaw?
Angi reported that Chief Legal Officer Shannon Shaw received a grant of 16,250 restricted stock units. These units are a form of equity compensation and convert into Class A Common Stock if vesting conditions are met.
Is the Form 4 transaction for Angi (ANGI) a stock purchase or sale?
The Form 4 shows an equity award, not a market purchase or sale. Shaw received 16,250 restricted stock units as compensation, recorded at a transaction price of $0.00 per unit on the grant date.
When do Shannon Shaw’s Angi (ANGI) restricted stock units vest?
The restricted stock units are scheduled to vest on March 1, 2027. Vesting occurs in one installment, and is conditioned on Shaw’s continued service with Angi through the vesting date, according to the disclosure.
What is Shannon Shaw’s reported holding after this Angi (ANGI) RSU grant?
Following the grant, the filing reports 16,250 derivative securities (restricted stock units) held directly. These RSUs represent a potential future claim on the same number of Angi Class A Common shares, subject to vesting conditions.