---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-076369"
form_type: "8-K"
ticker: "IAC"
cik: "0001800227"
company_name: "IAC Inc."
filed_at: "2026-06-22T20:06:31+00:00"
generated_at: "2026-06-22T20:08:36.630953+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# People enters voting agreement capping Diller group voting at 48.5%; authorizes 10M share buyback; appoints new CAO

## Summary
- Diller parties (46.4% voting power) agree to vote shares exceeding 48.5% cap in proportion to other holders.
- Board authorizes repurchase of additional 10 million shares of common stock; no current repurchases.
- Christopher Currier appointed Chief Accounting Officer, effective June 16, 2026.
- Michael Schwerdtman retires as CAO, will continue as advisor through February 28, 2027.

## SEC filing metadata
- accession: 0001104659-26-076369
- form_type: 8-K
- ticker: IAC
- cik: 0001800227
- company_name: IAC Inc.
- filed_at: 2026-06-22T20:06:31+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800227/000110465926076369/0001104659-26-076369-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800227/000110465926076369/tm2618180d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-076369
- JSON: https://secwatch.observer/filing/0001104659-26-076369.json
- Plain text: https://secwatch.observer/filing/0001104659-26-076369.txt

## Key facts
- Executive change
  Michael H. Schwerdtman retired as Senior Vice President, Chief Accounting Officer (Principal Accounting Officer) at IAC Inc..
  - Action: retired
  - Role: Senior Vice President, Chief Accounting Officer (Principal Accounting Officer)
  source text: Michael H. Schwerdtman, Senior Vice President, Chief Accounting Officer (Principal Accounting Officer) notified the Company that he was retiring from his position, effective as of the Effective Date
  evidence_url: https://www.sec.gov/Archives/edgar/data/1800227/000110465926076369/0001104659-26-076369-index.htm
- Executive change
  Christopher Currier was appointed as Chief Accounting Officer (Principal Accounting Officer) at IAC Inc..
  - Action: appointed
  - Role: Chief Accounting Officer (Principal Accounting Officer)
  source text: Christopher Currier was appointed as Chief Accounting Officer (Principal Accounting Officer) of People Incorporated, a Delaware corporation (the " Company " or " People "), effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1800227/000110465926076369/0001104659-26-076369-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.