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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1671941	Angel Studios Inc.	NONE	Services-Motion Picture & Video Tape Production (7812)	465217451

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
2020125	Paul Ahlstrom	295 W. Center St. Provo UT 84801		Yes	No	No	No

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class F Common Stock, Par Value $0.001 Per Share	Stock Options (right to buy)	Acquisiton	2025-02-03	29,149	$0.00	29,149	$32.76
Class F Common Stock, Par Value $0.001 Per Share	Stock Options (right to buy)	Acquisiton	2025-02-03	7,805	$0.00	7,805	$32.76

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
52,182		2035-02-03	No	4	A	Indirect
59,987		2035-02-03	No	4	A	Indirect

Footnotes

Represents stock options granted to NISI Publishing, LLC under the Issuer's 2023 Stock Option Plan, exercisable for 29,149 shares of the Issuer's Class F Common Stock. These stock options will be fully vested upon issuance. Mr. Ahlstrom owns an indirect pecuniary interest in the stock options by virtue of his indirect controlling interest in their owner, NISI Publishing, LLC.
Represents stock options granted to NISI Publishing, LLC under the Issuer's 2023 Stock Option Plan, exercisable for 7,805 shares of the Issuer's Class F Common Stock. These stock options will vest in substantially equal quarterly increments, over a one-year period beginning January 1, 2025. Mr. Ahlstrom owns an indirect pecuniary interest in the stock options by virtue of his indirect controlling interest in their owner, NISI Publishing, LLC.