Angel Studios, Inc 8-K, filed Nov 21, 2025
Angel Studios, Inc. (ANGX)
About this 8-K
Angel Studios, Inc filed this 8-K on November 21, 2025, reporting on events of November 18, 2025.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On November 18, 2025, the Compensation Committee of the Board of Directors of Angel Studios, Inc. (the “Company”) approved certain 2026 compensation arrangements for certain of the Company’s executive officers under the Company’s 2025 Long-Term Incentive Plan, including base salary adjustments and grants of restricted stock units (“RSUs”) and performance-based restricted stock units (“PSUs”). The base salaries are effective as of January 1, 2026.
The compensation actions approved for the Company’s named executive officers are summarized below:
Executive Officer | 2026 Base Salary | RSUs Granted | PSUs Granted |
Jordan Harmon, President | $430,000 | 169,142 | 70,695 |
Scott Klossner, Chief Financial Officer | $415,000 | 113,549 | 58,482 |
Each RSU award vests one-third on November 18, 2026, with the remaining two-thirds vesting in eight equal quarterly installments thereafter, subject to the participant’s continued service.
Vesting of the PSUs is subject to minimum average share prices being achieved during the ten-year period following the date of grant and the participant remaining employed on the first day of the calendar quarter following the quarter in which such minimum average share price is achieved. Specifically, 10% of the PSUs shall become vested on the first day of the calendar quarter following a quarter in which the price of a share achieved specified stock-price performance milestones, as set forth in the applicable award agreement.
Each RSU or PSU represents the right to receive one share of the Company’s Class A common stock. All awards were granted under, and are subject to, the terms of the Company’s 2025 Long-Term Incentive Plan and the applicable award agreements.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ANGEL STUDIOS, INC. | |
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Date: November 21, 2025 | By: | /s/ Scott Klossner |
| | Scott Klossner |
| | Chief Financial Officer |