Angel Studios, Inc. (ANGX)

AI-Powered SEC Filing Analysis

Insider Trading Filed: 2026-04-24

Key Insights

  • Director Steven I. Sarowitz acquired 2,648 shares of Class A Common Stock on 04/23/2026, increasing his direct beneficial ownership to 5,296 shares, representing a 50% increase in holdings.
  • The acquisition was executed through vesting of Restricted Stock Units (RSUs) granted under the 2025 Long-Term Incentive Plan with a one-year vesting period beginning October 23, 2025, indicating scheduled equity compensation rather than discretionary open-market purchases.
  • This RSU vesting represents routine equity compensation execution and does not signal strong insider confidence through voluntary stock purchases, as the transaction was predetermined and non-discretionary.
Insider Trading Filed: 2026-04-24

Key Insights

  • Director Nguyen Trang T acquired 2,648 Class A Common Stock shares on 04/23/2026 through restricted stock unit (RSU) vesting, increasing direct beneficial ownership to 5,296 shares, indicating ongoing equity compensation execution.
  • The RSUs vest in quarterly increments over a one-year period from October 23, 2025, suggesting a structured long-term incentive plan aligned with the 2025 Long-Term Incentive Plan rather than discretionary insider buying.
  • This transaction represents RSU vesting rather than open market acquisition, which is a routine compensation event with minimal significance for assessing insider confidence or material market concerns.
Insider Trading Filed: 2026-04-24

Key Insights

  • Director Katie Liljenquist acquired 2,648 shares of Class A Common Stock on April 23, 2026, increasing her direct beneficial ownership to 55,649 shares, indicating continued confidence in the company by company leadership.
  • The acquisition was facilitated through vesting of Restricted Stock Units (RSUs) granted under the 2025 Long-Term Incentive Plan with an effective date of October 23, 2025, vesting in quarterly increments over one year—a standard equity compensation structure.
  • Liljenquist also holds 5,297 additional RSUs that will convert to common stock upon vesting, demonstrating alignment between management compensation and shareholder interests through equity-based incentives.
Insider Trading Filed: 2026-04-24

Key Insights

  • Director Crane Benton Deloss acquired 2,648 shares of Class A Common Stock on 04/23/2026 through vesting of Restricted Stock Units, increasing his direct beneficial ownership to 205,296 shares, indicating continued insider confidence in the company.
  • The RSU vesting represents a quarterly tranche from awards granted on 10/23/2025 under the 2025 Long-Term Incentive Plan, with vesting occurring over a one-year period, demonstrating the company's retention strategy for key executives and directors.
  • The transaction is a routine vesting event rather than discretionary open market activity, which provides limited insight into insider sentiment regarding current stock valuation or near-term company prospects.
Insider Trading Filed: 2026-04-24

Key Insights

  • Director Paul Ahlstrom acquired 2,648 Class A Common Stock shares on 04/23/2026 through a market transaction, increasing his direct beneficial ownership to 2,166,330 shares, demonstrating continued confidence in the company.
  • Ahlstrom simultaneously received 2,648 Restricted Stock Units vesting over one year in quarterly increments starting October 23, 2025, with 5,297 RSUs now beneficially owned, indicating ongoing equity compensation from the board.
  • The transaction represents a modest insider purchase relative to his substantial existing position (2.1M+ shares), suggesting steady participation in company equity rather than a significant new investment signal.
Current Report Filed: 2026-04-13

Key Insights

  • Angel Studios is raising $28 million through a public offering of 14.3 million shares at $2.10 per share, which will strengthen the company's financial position to support future growth initiatives.
  • The company has granted the underwriters a 30-day option to purchase up to an additional 2.145 million shares, indicating potential investor demand for the offering.
  • The offering is being made under the company's existing shelf registration statement, providing flexibility for future capital raises.
Current Report Filed: 2026-04-10

Key Insights

  • Angel Studios expects to report revenue for Q1 2026 in the range of $105-$109 million, but adjusted EBITDA in the range of $(4)-$(6) million, suggesting potential profitability challenges.
  • The company notes that the preliminary financial estimates are subject to adjustments after the completion of its quarter-end close review procedures and financial review.
  • Tanner LLP has not audited, reviewed, compiled, or applied agreed-upon procedures to the preliminary financial estimates, so investors should exercise caution in relying on these figures.
Current Report Filed: 2026-03-12

Key Insights

  • Angel Studios, Inc. reported its financial results and operational highlights for the three-month and annual periods ended December 31, 2025, indicating strong performance for the company.
  • The company appears to be an emerging growth company, suggesting potential for further expansion and innovation.
  • Investors should monitor the company's future financial reports and growth trajectory to assess the long-term investment potential.
Annual Report Filed: 2026-03-12

Key Insights

  • Angel Studios, Inc. reported strong growth in key revenue streams such as theatrical releases, entertainment pay-it-forward, and content licensing over the past 3 years, indicating a diversified and expanding business model.
  • The company's stock-based compensation plans, including service-based and performance-based awards, suggest a focus on retaining and incentivizing key talent, which could support long-term growth.
  • Angel Studios' financial position appears stable, with increasing retained earnings and additional paid-in capital over the past 4 years, providing a solid foundation for future investments and operations.
Insider Trading Filed: 2026-03-09

Key Insights

  • The reporting person, Stephen D. Oskoui, acquired 57,770 shares of Class A common stock through the conversion of Class B common stock, increasing his direct ownership to 111,274 shares.
  • Oskoui also has indirect beneficial ownership of 19,459,882 shares of Class A common stock held by Gigafund 1, LP, a fund he controls along with Luke Nosek.
  • The conversion of Class B to Class A common stock suggests Oskoui's continued confidence in the company and alignment with other shareholders.
Insider Trading Filed: 2026-01-28

Key Insights

  • Insider Steven Sarowitz has exercised 2,648 restricted stock units (RSUs) of Angel Studios, Inc. (ANGX), suggesting his confidence in the company's future prospects.
  • The vesting of these RSUs indicates Sarowitz's continued involvement and commitment to the company as a director.
  • Insider buying can signal positive sentiment and a belief in the company's long-term growth potential.
Insider Trading Filed: 2026-01-26

Key Insights

  • The reporting person, Paul Ahlstrom, is a director of Angel Studios, Inc. and has exercised 2,648 restricted stock units (RSUs) to acquire an equivalent number of Class A common shares.
  • Ahlstrom now beneficially owns 2,163,682 Class A common shares, indicating his significant stake and alignment with shareholder interests.
  • The RSUs were granted under the company's 2025 Long-Term Incentive Plan, aligning executive compensation with long-term value creation.
Insider Trading Filed: 2026-01-26

Key Insights

  • Insider Trang T. Nguyen has exercised 2,648 restricted stock units (RSUs) of Angel Studios, Inc. (ANGX), indicating their confidence in the company.
  • The exercised RSUs account for a direct beneficial ownership of 2,648 shares of ANGX's Class A common stock, further increasing the insider's stake in the company.
  • The RSU exercise is part of a one-year vesting plan, which suggests a long-term commitment from the insider to the company's future performance.
Insider Trading Filed: 2026-01-26

Key Insights

  • Katie Liljenquist, a director at Angel Studios, Inc. (ANGX), has exercised 2,648 restricted stock units (RSUs) and acquired the underlying Class A common stock.
  • The reported transaction represents an insider purchase, which can be a positive signal for investors about management's confidence in the company's prospects.
  • The number of shares acquired is relatively small, but it indicates Liljenquist's ongoing commitment to the company and alignment with shareholder interests.
Insider Trading Filed: 2026-01-26

Key Insights

  • The reporting person, Benton Deloss Crane, converted 200,000 shares of Class B Common Stock into Class A Common Stock on November 26, 2025, indicating potential strategic changes in the company's share structure.
  • The reporting person was also granted 2,648 restricted stock units (RSUs) on January 23, 2026, which will vest over the next year, aligning his interests with the company's long-term performance.
  • The reporting person's total ownership of Class A Common Stock increased from 200,000 to 202,648 shares, suggesting growing confidence in the company's prospects.
Insider Trading Filed: 2026-01-20

Key Insights

  • The reporting person, Paul Ahlstrom, is a director of Angel Studios, Inc. (ANGX) and has received a direct ownership of 2,161,034 Class A common shares.
  • Ahlstrom has also transferred 210,406 shares held indirectly through Alta Ventures Mexico Fund I, LP to direct ownership, reducing the fund's stake to 0.
  • This transaction indicates potential insider buying activity and confidence in the company's prospects.
Current Report Filed: 2025-12-30

Key Insights

  • The company surpassed two million paying Angel Guild members, indicating strong growth in its community-driven content platform.
  • As an emerging growth company, Angel Studios has elected to use the extended transition period for complying with new or revised financial accounting standards, which could impact financial reporting and transparency.
  • The filing does not contain any information about material agreements, leadership changes, earnings surprises, or insider trading, suggesting this 8-K is a routine disclosure.

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Important Information

AI-generated analysis is for informational purposes only. Always read original SEC filings and consult with qualified professionals before making investment decisions.