June 29, 2026 · Form 4 insider transaction
Harmon Neal sold 5,073,000 shares of Angel Studios, Inc., a transaction worth N/A. The trade was recorded as gift and disclosed on an SEC Form 4, filed 2 days after the transaction.
This transaction represents a bona fide gift of 5,073,000 shares of Class B Common Stock to an irrevocable Delaware noncharitable purpose trust. The purpose of the transfer is to preserve the voting power associated with the Class B Common Stock within the trust structure on a permanent basis. The trust has no named beneficiaries and the shares are not intended for distribution to any individual, including the reporting person's family members. The reporting person received no consideration for this transfer and disclaims all beneficial and pecuniary interest in the shares.