IAC Inc. (IAC) director now holds 6,892 shares after RSU vesting
Rhea-AI Filing Summary
IAC Inc. director Maria Seferian reported the vesting of 2,075 restricted stock units into an equal number of shares of IAC common stock on December 12, 2025, at a stated price of $0 per share. Following this transaction, she directly beneficially owned 6,892 shares of common stock and 2,074 restricted stock units. The restricted stock units were granted on December 12, 2023 and vest in three equal annual installments, subject to continued service. IAC previously completed the spin-off of its ownership in Angi Inc. on March 31, 2025 via a special dividend, and the unvested restricted stock units reported have been adjusted to reflect that spin-off.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,075 | $38.61 | $80K |
| Exercise | Common Stock, par value $0.0001 | 2,075 | $0.00 | -- |
Footnotes (1)
- Represents shares of IAC common stock acquired upon the vesting of restricted stock units. Represents restricted stock units that vest in three equal installments on the anniversary of the grant date (December 12, 2023), subject to continued service. 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.
FAQ
What insider transaction did IAC (IAC) report for director Maria Seferian?
The report shows that 2,075 restricted stock units vested on December 12, 2025, converting into 2,075 shares of IAC common stock at a stated price of $0 per share.
How do Maria Seferian’s IAC restricted stock units vest?
The filing states that the restricted stock units granted on December 12, 2023 vest in three equal installments on each anniversary of the grant date, subject to continued service.
What does the filing say about the Angi Inc. spin-off in relation to these awards?
On March 31, 2025, IAC completed the spin-off of its ownership in Angi Inc. by a special dividend, and the amount of unvested restricted stock units reported has been adjusted to reflect this Angi spin-off.
What type of securities are involved in this IAC insider report?
The report involves IAC common stock, par value $0.0001 per share, and restricted stock units that settle into shares of this common stock.