Seth Taylor - Sep 10, 2025 Form 3 Insider Report for Angel Studios, Inc. (ANGX)

Role
Chief Experience Officer
Signature
/s/ Patrick J. Reilly, Attorney-in-Fact
Stock symbol
ANGX
Transactions as of
Sep 10, 2025
Transactions value $
$0
Form type
3
Date filed
9/22/2025, 09:57 PM
Previous filing
Jul 21, 2025
Next filing
Sep 22, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Taylor Seth Chief Experience Officer 295 W. CENTER ST., PROVO /s/ Patrick J. Reilly, Attorney-in-Fact 2025-09-22 0002020200

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ANGX Class A Common Stock, par value $0.0001 per share 4.49K Sep 10, 2025 Direct
holding ANGX Class B Common Stock, par value $0.0001 per share 267 Sep 10, 2025 Direct

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
holding ANGX Stock Option (right to buy) Sep 10, 2025 Class B Common Stock 161K $1.62 Direct F1
holding ANGX Stock Option (right to buy) Sep 10, 2025 Class B Common Stock 53.5K $2.24 Direct F2
holding ANGX Stock Option (right to buy) Sep 10, 2025 Class B Common Stock 18.6K $2.24 Direct F3
holding ANGX Stock Option (right to buy) Sep 10, 2025 Class B Common Stock 26.8K $2.66 Direct F4
holding ANGX Performance Stock Units Sep 10, 2025 Class A Common Stock 89.5K $2.66 Direct F5
holding ANGX Performance Stock Units Sep 10, 2025 Class A Common Stock 13.5K $2.66 Direct F6
holding ANGX Performance Stock Units Sep 10, 2025 Class A Common Stock 99.7K $5.66 Direct F7
holding ANGX Performance Stock Units Sep 10, 2025 Class A Common Stock 31.4K $6.13 Direct F8
holding ANGX Performance Stock Units Sep 10, 2025 Class A Common Stock 5.68K $7.29 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Prior to the Issuer's business combination (the "Business Combination"), the fully-vested stock options represented the right to purchase 30,000 shares of Angel Legacy, Inc's Class F Common Stock, par value $0.001 per share. Following the Issuer's business combination, the fully-vested stock options converted into the right to purchase 160,513 shares of the Issuer's Class B Common Stock.
F2 Prior to the Business Combination, the fully-vested stock options represented the right to purchase 10,000 shares of Angel Legacy, Inc's Class F Common Stock, par value $0.001 per share. Following the Issuer's business combination, the fully-vested stock options converted into the right to purchase 53,504 shares of the Issuer's Class B Common Stock. Twenty-five percent (25%) of these options vested on April 1, 2023, with the remaining options vesting in equal monthly installments through April 1, 2026.
F3 Prior to the Business Combination, the fully-vested stock options represented the right to purchase 3,485 shares of Angel Legacy, Inc's Class F Common Stock, par value $0.001 per share. Following the Issuer's business combination, the fully-vested stock options converted into the right to purchase 18,646 shares of the Issuer's Class B Common Stock.
F4 Prior to the Business Combination, the fully-vested stock options represented the right to purchase 5,000 shares of Angel Legacy, Inc's Class F Common Stock, par value $0.001 per share. Following the Issuer's business combination, the fully-vested stock options converted into the right to purchase 26,752 shares of the Issuer's Class B Common Stock.
F5 Prior to the Business Combination, the performance stock units (PSUs) were granted under Angel Legacy, Inc's. 2023 Performance Equity Plan and represented the right to purchase 16,730 shares of Angel Legacy Inc.'s Class C Common Stock. Following the Business Combination, the PSUs converted into the right to purchase 89,513 shares of the Issuer's Class A 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.
F6 Prior to the Business Combination, the performance stock units (PSUs) were granted under Angel Legacy, Inc's. 2023 Performance Equity Plan and represented the right to purchase 2,532 shares of Angel Legacy Inc.'s Class C Common Stock. Following the Business Combination, the PSUs converted into the right to purchase 13,547 shares of the Issuer's Class A 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.
F7 Prior to the Business Combination, the performance stock units (PSUs) were granted under Angel Legacy, Inc's. 2023 Performance Equity Plan and represented the right to purchase 18,640 shares of Angel Legacy Inc.'s Class C Common Stock. Following the Business Combination, the PSUs converted into the right to purchase 99,732 shares of the Issuer's Class A 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.
F8 Prior to the Business Combination, the performance stock units (PSUs) were granted under Angel Legacy, Inc's. 2023 Performance Equity Plan and represented the right to purchase 5,872 shares of Angel Legacy Inc.'s Class C Common Stock. Following the Business Combination, the PSUs converted into the right to purchase 31,417 shares of the Issuer's Class A 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.
F9 Prior to the Business Combination, the performance stock units (PSUs) were granted under Angel Legacy, Inc's. 2023 Performance Equity Plan and represented the right to purchase 1,061 shares of Angel Legacy Inc.'s Class C Common Stock. Following the Business Combination, the PSUs converted into the right to purchase 5,676 shares of the Issuer's Class A 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.

Remarks:

Exhibit 24 - Power of Attorney