IAC Inc. Suspends Employee Benefit Plan Trading

Ticker: IAC · Form: 8-K · Filed: 2025-03-18T00:00:00.000Z

Sentiment: neutral

Topics: employee-benefits, trading-suspension

TL;DR

IAC suspended employee stock plan trading starting 3/17. Check your benefits.

AI Summary

IAC Inc. filed an 8-K on March 18, 2025, reporting a temporary suspension of trading under its employee benefit plans, effective March 17, 2025. The filing also includes financial statements and exhibits.

Why It Matters

This suspension could impact employees' ability to trade company stock held within benefit plans, potentially affecting their investment strategies.

Risk Assessment

Risk Level: low — The filing is procedural and relates to employee benefit plans, not a material event impacting the company's core business or financial health.

Key Players & Entities

FAQ

What is the reason for the temporary suspension of trading under IAC Inc.'s employee benefit plans?

The filing does not explicitly state the reason for the suspension, only that it is temporary and effective March 17, 2025.

When did the temporary suspension of trading under IAC Inc.'s employee benefit plans become effective?

The suspension became effective on March 17, 2025.

What is the filing date of this 8-K report for IAC Inc.?

The 8-K report was filed on March 18, 2025.

Does this filing indicate any issues with IAC Inc.'s financial statements?

No, the filing indicates that financial statements and exhibits are included, but does not suggest any issues with them.

What is the principal executive office address for IAC Inc.?

The principal executive offices are located at 555 West 18th Street, New York, NY 10011.

From the Filing

0001104659-25-025028.txt : 20250318 0001104659-25-025028.hdr.sgml : 20250318 20250318161514 ACCESSION NUMBER: 0001104659-25-025028 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250317 ITEM INFORMATION: Temporary Suspension of Trading Under Registrant's Employee Benefit Plans ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250318 DATE AS OF CHANGE: 20250318 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IAC Inc. CENTRAL INDEX KEY: 0001800227 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology IRS NUMBER: 843727412 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39356 FILM NUMBER: 25748513 BUSINESS ADDRESS: STREET 1: 555 WEST 18TH STREET CITY: NEW YORK STATE: NY ZIP: 10011 BUSINESS PHONE: (212) 314-7300 MAIL ADDRESS: STREET 1: 555 WEST 18TH STREET CITY: NEW YORK STATE: NY ZIP: 10011 FORMER COMPANY: FORMER CONFORMED NAME: IAC/InterActiveCorp DATE OF NAME CHANGE: 20200702 FORMER COMPANY: FORMER CONFORMED NAME: IAC Holdings, Inc. DATE OF NAME CHANGE: 20200115 8-K 1 tm259508d1_8k.htm FORM 8-K false 0001800227 0001800227 2025-03-17 2025-03-17 iso4217:USD xbrli:shares iso4217:USD xbrli:shares       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): March 17, 2025   IAC Inc.   (Exact name of registrant as specified in charter)   Delaware   001-39356   84-3727412 (State or other jurisdiction   (Commission   (IRS Employer of incorporation)   File Number)   Identification No.)   555 West 18th Street , New York , NY   10011 (Address of principal executive offices)   (Zip Code)   Registrant’s telephone number, including area code:      ( 212 ) 314-7300   (Former name or former address, if changed since last report)   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 exchange on which registered Common Stock, par value $0.0001   IAC   The Nasdaq Stock Market LLC (Nasdaq Global Select Market)   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 5.04 Temporary Suspension of Trading under Registrant’s Employee Benefit Plans   On March 17, 2025, in connection with the planned spin-off of Angi Inc. (the “ Spin-off ”), IAC Inc. (“ IAC ” or the “ Company ”) delivered a notice under Rule 104(b)(2)(i) of Regulation BTR

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