Neal Harmon - Apr 24, 2025 Form 4 Insider Report for Angel Studios, Inc. (NONE)

Signature
/s/ Patrick J. Reilly, Attorney-in-fact
Stock symbol
NONE
Transactions as of
Apr 24, 2025
Transactions value $
$0
Form type
4
Date filed
4/24/2025, 05:36 PM
Previous filing
Sep 30, 2024
Next filing
Jul 21, 2025

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NONE Stock Options Award +7.72K +9.97% 85.1K Apr 24, 2025 Class C Common Stock, par value $0.001 per share 7.72K $32.76 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents stock options, granted under the Issuer's 2023 Performance Equity Plan, exercisable for shares of the Issuer's Class C Common Stock. These options will vest in 10 tranches, equally divided, with each tranche becoming vested based on a series of increasing stock price milestones.