[Form 4] IAC Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IAC Inc. director Bryan Lourd reported an acquisition of 406 shares of common stock on a grant or award basis at an indicated value of $40.03 per share. Following this compensation-related award, his directly held position increased to 197,950 shares.
The filing notes that these holdings include 151,777 share units accrued under IAC’s Non-Employee Director Deferred Compensation Plan as of the report date, highlighting that a substantial portion of his interest is in deferred share units rather than only current stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lourd Bryan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.0001 | 406 | $40.03 | $16K |
Holdings After Transaction:
Common Stock, par value $0.0001 — 197,950 shares (Direct)
Footnotes (1)
- Represents share units accrued under the Non-Employee Director Deferred Compensation Plan as of the date of this report. lncludes 151,777 share units accrued under the Non-Employee Director Deferred Compensation Plan as of the date of this report.
Key Figures
Equity award size: 406 shares
Award price per share: $40.03 per share
Total holdings after transaction: 197,950 shares
+1 more
4 metrics
Equity award size
406 shares
Grant or award acquisition on common stock
Award price per share
$40.03 per share
Reported transaction price for the 406-share grant
Total holdings after transaction
197,950 shares
Direct ownership following the award
Deferred share units
151,777 share units
Accrued under Non-Employee Director Deferred Compensation Plan
Key Terms
Non-Employee Director Deferred Compensation Plan, share units, Form 4, Grant, award, or other acquisition
4 terms
Non-Employee Director Deferred Compensation Plan financial
"share units accrued under the Non-Employee Director Deferred Compensation Plan as of the date of this report"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did IAC (IAC) director Bryan Lourd report?
Bryan Lourd reported receiving 406 IAC common shares as a grant or award. The Form 4 classifies this as an acquisition related to compensation, not an open-market purchase, and it modestly increases his overall equity position in the company.
What is the Non-Employee Director Deferred Compensation Plan mentioned for IAC (IAC)?
The Non-Employee Director Deferred Compensation Plan allows IAC directors to accrue share units instead of immediate stock. As of this report, Bryan Lourd holds 151,777 share units under this plan, representing a significant portion of his total reported IAC equity interest.
Is Bryan Lourd’s IAC (IAC) Form 4 transaction a market buy or compensation award?
The Form 4 describes Bryan Lourd’s transaction as a grant or award acquisition, not an open-market purchase. The transaction code “A” and description indicate the 406 IAC shares were received as part of director compensation rather than bought on the stock market.