Angel Studios, Inc. Reports Leadership Changes
Ticker: ANGX · Form: 8-K · Filed: Dec 12, 2025 · CIK: 1865200
Sentiment: neutral
Topics: leadership-change, officer-appointment, director-election, compensation
TL;DR
Angel Studios just filed an 8-K detailing board and exec changes. Watch this space.
AI Summary
Angel Studios, Inc. filed an 8-K on December 12, 2025, reporting on the departure of directors, election of new directors, appointment of officers, and compensatory arrangements. The filing indicates changes in the company's leadership and executive compensation structure.
Why It Matters
Changes in a company's board of directors and executive officers can signal shifts in strategy or operational focus, potentially impacting future performance and investor confidence.
Risk Assessment
Risk Level: medium — Leadership changes and adjustments to compensatory arrangements can introduce uncertainty regarding future company direction and financial performance.
Key Numbers
- 001-41150 — SEC File Number (Identifies the company's filing with the SEC.)
- 86-3483780 — EIN (Employer Identification Number for tax purposes.)
Key Players & Entities
- Angel Studios, Inc. (company) — Registrant
- Southport Acquisition Corp (company) — Former Company Name
- Delaware (jurisdiction) — State of Incorporation
FAQ
What specific changes were made to the board of directors?
The filing indicates the departure of directors and the election of new directors, but the specific names and details of these changes are not provided in the provided text.
Who were the departing officers and who were appointed?
The filing mentions the departure of certain officers and the appointment of certain officers, but their names are not specified in the provided text.
What are the details of the compensatory arrangements for the officers?
The filing notes that compensatory arrangements of certain officers are being reported, but the specific details of these arrangements are not included in the provided text.
When did Angel Studios, Inc. change its name from Southport Acquisition Corp?
The date of the name change from Southport Acquisition Corp to Angel Studios, Inc. was June 1, 2021.
What is the principal executive office address for Angel Studios, Inc.?
The principal executive offices are located at 295 W Center St., Provo, UT 84601.
Filing Stats: 647 words · 3 min read · ~2 pages · Grade level 13 · Accepted 2025-12-12 17:25:42
Key Financial Figures
- $0.0001 — tered Class A Common Stock, par value $0.0001 per share ANGX The New York Stock E
- $550,000 — Neal Harmon, Chief Executive Officer $550,000 245,916 129,176 Each RSU award vests
Filing Documents
- angx-20251212x8k.htm (8-K) — 32KB
- 0001865200-25-000023.txt ( ) — 141KB
- angx-20251212.xsd (EX-101.SCH) — 3KB
- angx-20251212_lab.xml (EX-101.LAB) — 16KB
- angx-20251212_pre.xml (EX-101.PRE) — 10KB
- angx-20251212x8k_htm.xml (XML) — 5KB
From the Filing
Angel Studios, Inc._December 12, 2025 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): December 12, 2025 Angel Studios, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 001-41150 86-3483780 (State or other jurisdiction of incorporation or organization) (Commission File Number) (I.R.S. Employer Identification No.) 295 W Center St. Provo , UT 84601 (Address of principal executive offices) ( 760 ) 933-8437 (Registrant's telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading symbol(s) Name of each exchange on which registered Class A Common Stock, par value $0.0001 per share ANGX The New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On December 12, 2025, the Board of Directors of Angel Studios, Inc. (the "Company") approved certain 2026 compensation arrangements for certain of the Company's executive officers under the Company's 2025 Long-Term Incentive Plan, including base salary adjustments and grants of restricted stock units ("RSUs") and performance-based restricted stock units ("PSUs"). The base salaries are effective as of January 1, 2026. The compensation actions approved for the Company's named executive officers are summarized below: Executive Officer 2026 Base Salary RSUs Granted PSUs Granted Neal Harmon, Chief Executive Officer $550,000 245,916 129,176 Each RSU award vests one-third on December 10, 2026, and the remaining two-thirds vesting in eight (8) equal quarterly installments on the following dates: February 18, 2027, May 18, 2027, August 18, 2027, November 18, 2027, February 18, 2028, May 18, 2028, August 18, 2028, and November 18, 2028, and subject to the provisions of the 2025 LTIP and the Restricted Stock Grant Award Agreements governing such grants. Vesting of the PSUs is subject to minimum average share prices being achieved during the ten-year period following the date of grant and the participant remaining employed on the first day of the calendar quarter following the quarter in which such minimum average share price is achieved. Specifically, 10% of the PSUs shall become vested on the first day of the calendar quarter following a quarter in which the price of a share achieved specified stock-price performance milestones, as set forth in the applicable award agreement. Each RSU or PSU represents the right to receive one share of the Company's Class A common stock. All awards were granted under, and are subject to, the terms of the Company's 2025 Long-Term Incentive Plan and the applicable award agreements. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ANGEL STUDIOS, INC. Date: December 12, 2025 By: /s/ Scott Klossner Scott Klossner Chief Financial Officer