Director Steven I. Sarowitz filed a Form 4 with the SEC on August 17, 2026, disclosing the purchase of 57,922 shares of Angel Studios, Inc. (NYSE:ANGX) Class A Common Stock on August 14, 2026.

Key Highlights

  • Reporting person: Steven I. Sarowitz, listed as a Director of Angel Studios, Inc.
  • Transaction: Purchase (transaction code P) of 57,922 shares of Class A Common Stock, par value $0.0001 per share, on August 14, 2026.
  • Weighted average price: $4.261 per share, with individual transaction prices ranging from $4.2000 to $4.3000, inclusive.
  • Post-transaction ownership: 741,225 shares of Class A Common Stock held directly following the reported transaction.
  • No derivative securities were reported in Table II of the filing.

Sarowitz Purchase Details and Resulting Ownership in Angel Studios

According to the filing, Steven I. Sarowitz, a Director of Angel Studios, Inc. (NYSE:ANGX), acquired 57,922 shares of the company's Class A Common Stock, par value $0.0001 per share, on August 14, 2026. The transaction is coded "P," indicating an open-market purchase. The filing reports a weighted average price of $4.261 per share for the acquisition.

The filing includes a footnote disclosing that the shares were purchased in multiple transactions at prices ranging from $4.2000 to $4.3000, inclusive. The reporting person stated an undertaking "to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote."

Following the reported purchase, Sarowitz directly holds 741,225 shares of Class A Common Stock, according to the filing. No derivative securities transactions were reported. The Form 4 was filed as an individual filing by one reporting person and is not designated as an amendment to a prior filing.

What Was Disclosed

The filing discloses a direct open-market purchase of 57,922 shares of Angel Studios Class A Common Stock by Director Steven I. Sarowitz on August 14, 2026, at a weighted average price of $4.261, resulting in direct beneficial ownership of 741,225 shares.