Katie Liljenquist, a director at Angel Studios, Inc., has reported the acquisition of 2,649 shares of Class A common stock. This transaction, filed on October 27, 2026, is significant as it reflects Liljenquist's continued investment in the company.

Angel Studios, Inc., classified under the Standard Industrial Classification of Services-Motion Picture & Video Tape Production, is based in Provo, Utah. The company operates under the ticker symbol ANGX and is known for its innovative approach to film production and distribution.

According to the filing, the acquisition took place on October 26, 2026. Liljenquist now holds a total of 60,946 shares following this transaction. The filing states, "Transaction Code: M," indicating the nature of the acquisition.

This acquisition may impact various stakeholders, including shareholders and potential investors, as it reflects a commitment from a key director in the company. The filing does not indicate what actions may follow this transaction.

Details of the Transaction

The acquisition of 2,649 shares of Class A common stock by Katie Liljenquist was executed under the transaction code 'M', which indicates a direct acquisition. This transaction is categorized as an acquisition, as denoted by the transaction acquired disposed code 'A'. Following this acquisition, Liljenquist's total holdings in Angel Studios, Inc. now stand at 60,946 shares.

Additionally, the filing reveals that Liljenquist's transaction involved Restricted Stock Units (RSUs), which were awarded under the company's 2025 Long-Term Incentive Plan. These RSUs convert into Class A common stock on a one-for-one basis and were effective as of October 23, 2025, vesting in quarterly increments over a one-year period.

Company Background

Angel Studios, Inc. was formerly known as Southport Acquisition Corp, a name change that took effect on June 1, 2021. The company is incorporated in Delaware and operates within the motion picture and video tape production sector, as classified under the Standard Industrial Classification.

This filing does not provide information on the transaction price per share or any future plans or actions that may arise from this acquisition.