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

Issuer:     IAC Inc. (IAC)
CIK:        0001800227
Form:       8-K
Filed at:   2024-11-26T23:59:59+00:00
Accession:  0001104659-24-123079
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

IAC appoints Michael Schwerdtman as Principal Accounting Officer effective Dec 2, 2024
--------------------------------------------------------------------------------

- Schwerdtman returns to role he held from 2004 until retirement in August 2023.
- Receives $900,000 in restricted stock units vesting in two equal annual installments (Feb 2026, Feb 2027).
- Appointment effective December 2, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1800227/000110465924123079/0001104659-24-123079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1800227/000110465924123079/tm2429511d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-123079

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