secwatch.observer — SEC 8-K summary
======================================

Issuer:     IAC Inc. (IAC)
CIK:        0001800227
Form:       8-K
Filed at:   2023-08-16T23:59:59+00:00
Accession:  0001104659-23-092607
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

IAC appoints Erik Bradbury as Principal Accounting Officer; Schwerdtman retires after 19 years
--------------------------------------------------------------------------------

- Erik Bradbury appointed SVP and Controller (Principal Accounting Officer) effective September 18, 2023.
- Bradbury receives $1.6M in IAC restricted stock units vesting in four equal annual installments.
- Michael Schwerdtman is retiring as Principal Accounting Officer effective September 18, 2023 after ~19 years.
- Schwerdtman will remain as an employee and advisor through March 1, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1800227/000110465923092607/0001104659-23-092607-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1800227/000110465923092607/tm2323826d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-092607

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer