Robert C Gay Exercises Options at Angel Studios Inc (ANGX) — SEC Form 4, Oct 27, 2026

SEC Form 4 · No Market Transaction

Option Exercise

Derivative exercise — no open market transaction.

Reporting Owner

Robert C Gay

Director

TXN 2026-10-26 · FILED 2026-10-27

Equity Position 10.6K sh 7,944 → 10,593

Equity Change +33.4% shares held after vs before

Filing Lag 1 business day within 2-day SEC deadline

Form 4 · Statement of Changes in Beneficial Ownership

Angel Studios Inc

ANGX CIK 0001865200

Reporting Owner

Name	Relationship
Robert C Gay CIK 0001032566	Director

Robert C Gay at Angel Studios Inc Full insider history

Bought (12 mo) —

Sold (12 mo) —

More from this insider at Angel Studios Inc

Non-Derivative Securities Transactions

Title	Date	Type	Shares	Price	Net Total	Post-Txn	Ownership
Class A Common Stock, par value $0.0001 per shareF1	2026-10-26	M - Exercise	2,649 A		—	10,593	Direct

Derivative Securities Transactions

Title	Strike	Date	Type	Shares	Price	Expiration	Underlying	Ownership
Class A Common Stock Restricted Stock UnitsF2 F1 F2 F2		2026-10-26	M - Exercise	2,649 D			2,649 Class A Common Stock, par value $0.0001 per share	Direct

Footnotes (2)

F1: RSU's convert into Class A Common Stock on a one-for-one basis. Show more
F2: Restricted Stock Units ("RSUs") are awarded under the Issuer's 2025 Long-Term Incentive Plan. The RSUs were effective on October 23, 2025, with such RSUs vesting in substantially equal quarterly increments, over a one-year period beginning October 23, 2025. Upon each vesting date, each vested RSU shall automatically convert into one share of common stock. Show more

Institutional Holders

Largest by reported value

5%+ Holders · 13D/G 3 filers

Latest Schedule 13D/G per filer; stakes the filer reported closed are left out.

Other insiders at Angel Studios Inc

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