{"transactions":[{"id":801074,"issuer":{"id":1495,"kind":"organization","name":"Angel Studios, Inc.","symbol":"ANGX"},"owners":[{"id":51351,"kind":"person","name":"Ahlstrom Paul","position":1,"cik":"0002020125","reported_name":"Ahlstrom Paul","relationship":{"director":true}}],"security":"Class A Common Stock Restricted Stock Units","published_at":"2026-04-24T21:02:10.000Z","date":"2026-04-23","kind":"exercise","planned":false,"acquired":false,"shares":2648,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"Restricted Stock Units (\"RSUs\") are awarded under the Issuer's 2025 Long-Term Incentive Plan. The RSUs were effective on October 23, 2025, with such RSUs vesting in substantially equal quarterly increments, over a one-year period beginning October 23, 2025. Upon each vesting date, each vested RSU shall automatically convert into one share of common stock."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"RSU's convert into Class A Common Stock on a one-for-one basis."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"Restricted Stock Units (\"RSUs\") are awarded under the Issuer's 2025 Long-Term Incentive Plan. The RSUs were effective on October 23, 2025, with such RSUs vesting in substantially equal quarterly increments, over a one-year period beginning October 23, 2025. Upon each vesting date, each vested RSU shall automatically convert into one share of common stock."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"Restricted Stock Units (\"RSUs\") are awarded under the Issuer's 2025 Long-Term Incentive Plan. The RSUs were effective on October 23, 2025, with such RSUs vesting in substantially equal quarterly increments, over a one-year period beginning October 23, 2025. Upon each vesting date, each vested RSU shall automatically convert into one share of common stock."}],"balance_after":5297,"derivative":{"underlying":"Class A Common Stock, par value $0.0001 per share","underlying_shares":2648},"source":{"system":"sec-edgar","filing":"0001865200-26-000022","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/2020125/000186520026000022/form4.xml","form_type":"4"}},{"id":801073,"issuer":{"id":1495,"kind":"organization","name":"Angel Studios, Inc.","symbol":"ANGX"},"owners":[{"id":51351,"kind":"person","name":"Ahlstrom Paul","position":1,"cik":"0002020125","reported_name":"Ahlstrom Paul","relationship":{"director":true}}],"security":"Class A Common Stock, par value $0.0001 per share","published_at":"2026-04-24T21:02:10.000Z","date":"2026-04-23","kind":"exercise","planned":false,"acquired":true,"shares":2648,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"RSU's convert into Class A Common Stock on a one-for-one basis."}],"balance_after":2166330,"source":{"system":"sec-edgar","filing":"0001865200-26-000022","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/2020125/000186520026000022/form4.xml","form_type":"4"}},{"id":931285,"issuer":{"id":1495,"kind":"organization","name":"Angel Studios, Inc.","symbol":"ANGX"},"owners":[{"id":51351,"kind":"person","name":"Ahlstrom Paul","position":1,"cik":"0002020125","reported_name":"Ahlstrom Paul","relationship":{"director":true}}],"security":"Class A Common Stock Restricted Stock Units","published_at":"2026-01-26T21:26:56.000Z","date":"2026-01-23","kind":"exercise","planned":false,"acquired":false,"shares":2648,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"Restricted Stock Units (\"RSUs\") are awarded under the Issuer's 2025 Long-Term Incentive Plan. The RSUs were effective on October 23, 2025, with such RSUs vesting in substantially equal quarterly increments, over a one-year period beginning October 23, 2025. Upon each vesting date, each vested RSU shall automatically convert into one share of common stock."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"RSU's convert into Class A Common Stock on a one-for-one basis."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"Restricted Stock Units (\"RSUs\") are awarded under the Issuer's 2025 Long-Term Incentive Plan. The RSUs were effective on October 23, 2025, with such RSUs vesting in substantially equal quarterly increments, over a one-year period beginning October 23, 2025. Upon each vesting date, each vested RSU shall automatically convert into one share of common stock."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"Restricted Stock Units (\"RSUs\") are awarded under the Issuer's 2025 Long-Term Incentive Plan. The RSUs were effective on October 23, 2025, with such RSUs vesting in substantially equal quarterly increments, over a one-year period beginning October 23, 2025. Upon each vesting date, each vested RSU shall automatically convert into one share of common stock."}],"balance_after":7945,"derivative":{"underlying":"Class A Common Stock, par value $0.0001 per share","underlying_shares":2648},"source":{"system":"sec-edgar","filing":"0001865200-26-000010","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/2020125/000186520026000010/form4.xml","form_type":"4"}},{"id":931284,"issuer":{"id":1495,"kind":"organization","name":"Angel Studios, Inc.","symbol":"ANGX"},"owners":[{"id":51351,"kind":"person","name":"Ahlstrom Paul","position":1,"cik":"0002020125","reported_name":"Ahlstrom Paul","relationship":{"director":true}}],"security":"Class A Common Stock, par value $0.0001 per share","published_at":"2026-01-26T21:26:56.000Z","date":"2026-01-23","kind":"exercise","planned":false,"acquired":true,"shares":2648,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"RSU's convert into Class A Common Stock on a one-for-one basis."}],"balance_after":2163682,"source":{"system":"sec-edgar","filing":"0001865200-26-000010","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/2020125/000186520026000010/form4.xml","form_type":"4"}},{"id":935556,"issuer":{"id":1495,"kind":"organization","name":"Angel Studios, Inc.","symbol":"ANGX"},"owners":[{"id":51351,"kind":"person","name":"Ahlstrom Paul","position":1,"cik":"0002020125","reported_name":"Ahlstrom Paul","relationship":{"director":true}}],"security":"Class A Common Stock, par value $0.0001 per share","published_at":"2026-01-20T21:57:00.000Z","date":"2026-01-15","kind":"disposition_to_issuer","planned":false,"acquired":false,"shares":3424756,"ownership":{"direct":false,"nature":"By Alta Ventures Mexico Fund I, LP."},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"On January 15, 2026, Alta Ventures Mexico Fund I, LP. (\"Alta Ventures\") transferred 210,406 shares held in the fund directly to the Reporter. Upon completion of this transaction the Reporter no longer beneficially owned, directly or indirectly, any of the remaining shares held by Alta Ventures."}],"balance_after":0,"source":{"system":"sec-edgar","filing":"0001865200-26-000002","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/2020125/000186520026000002/form4.xml","form_type":"4"}},{"id":935555,"issuer":{"id":1495,"kind":"organization","name":"Angel Studios, Inc.","symbol":"ANGX"},"owners":[{"id":51351,"kind":"person","name":"Ahlstrom Paul","position":1,"cik":"0002020125","reported_name":"Ahlstrom Paul","relationship":{"director":true}}],"security":"Class A Common Stock, par value $0.0001 per share","published_at":"2026-01-20T21:57:00.000Z","date":"2026-01-15","kind":"other","planned":false,"acquired":true,"shares":210406,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"On January 15, 2026, Alta Ventures Mexico Fund I, LP. (\"Alta Ventures\") transferred 210,406 shares held in the fund directly to the Reporter. Upon completion of this transaction the Reporter no longer beneficially owned, directly or indirectly, any of the remaining shares held by Alta Ventures."}],"balance_after":2161034,"source":{"system":"sec-edgar","filing":"0001865200-26-000002","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/2020125/000186520026000002/form4.xml","form_type":"4"}},{"id":935554,"issuer":{"id":1495,"kind":"organization","name":"Angel Studios, Inc.","symbol":"ANGX"},"owners":[{"id":51351,"kind":"person","name":"Ahlstrom Paul","position":1,"cik":"0002020125","reported_name":"Ahlstrom Paul","relationship":{"director":true}}],"security":"Class A Common Stock, par value $0.0001 per share","published_at":"2026-01-20T21:57:00.000Z","date":"2026-01-15","kind":"other","planned":false,"acquired":false,"shares":210406,"ownership":{"direct":false,"nature":"By Alta Ventures Mexico Fund I, LP."},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"On January 15, 2026, Alta Ventures Mexico Fund I, LP. (\"Alta Ventures\") transferred 210,406 shares held in the fund directly to the Reporter. Upon completion of this transaction the Reporter no longer beneficially owned, directly or indirectly, any of the remaining shares held by Alta Ventures."}],"balance_after":3424756,"source":{"system":"sec-edgar","filing":"0001865200-26-000002","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/2020125/000186520026000002/form4.xml","form_type":"4"}},{"id":1012670,"issuer":{"id":1495,"kind":"organization","name":"Angel Studios, Inc.","symbol":"ANGX"},"owners":[{"id":51351,"kind":"person","name":"Ahlstrom Paul","position":1,"cik":"0002020125","reported_name":"Ahlstrom Paul","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Restricted Stock Units","published_at":"2025-10-28T19:20:34.000Z","date":"2025-10-23","kind":"grant","planned":false,"acquired":true,"shares":10593,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Restricted Stock Units (\"RSUs\") are awarded under the Issuer's 2025 Long-Term Incentive Plan. The RSUs were effective on October 23, 2025, with such RSUs vesting in substantially equal quarterly increments, over a one-year period beginning October 23, 2025. Upon each vesting date, each vested RSU shall automatically convert into one share of common stock."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Restricted Stock Units (\"RSUs\") are awarded under the Issuer's 2025 Long-Term Incentive Plan. The RSUs were effective on October 23, 2025, with such RSUs vesting in substantially equal quarterly increments, over a one-year period beginning October 23, 2025. Upon each vesting date, each vested RSU shall automatically convert into one share of common stock."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"Restricted Stock Units (\"RSUs\") are awarded under the Issuer's 2025 Long-Term Incentive Plan. The RSUs were effective on October 23, 2025, with such RSUs vesting in substantially equal quarterly increments, over a one-year period beginning October 23, 2025. Upon each vesting date, each vested RSU shall automatically convert into one share of common stock."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"Restricted Stock Units (\"RSUs\") are awarded under the Issuer's 2025 Long-Term Incentive Plan. The RSUs were effective on October 23, 2025, with such RSUs vesting in substantially equal quarterly increments, over a one-year period beginning October 23, 2025. Upon each vesting date, each vested RSU shall automatically convert into one share of common stock."}],"balance_after":10593,"derivative":{"underlying":"Common Stock","underlying_shares":10593},"source":{"system":"sec-edgar","filing":"0001104659-25-103109","document":"tm2529646-4_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/2020125/000110465925103109/tm2529646-4_4seq1.xml","form_type":"4"}},{"id":1168503,"issuer":{"id":77332,"kind":"organization","name":"Angel Studios, Inc.","symbol":"NONE"},"owners":[{"id":51351,"kind":"person","name":"Ahlstrom Paul","position":1,"cik":"0002020125","reported_name":"Ahlstrom Paul","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Class B Common Stock","published_at":"2025-04-22T01:21:25.000Z","date":"2025-04-18","kind":"sale","planned":false,"acquired":false,"shares":16026,"price":32.76,"value":525011.76,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Mr. Ahlstrom owns an indirect pecuniary interest in these shares of Class B Common Stock by virtue of his indirect controlling interest in their owner, NISI Publishing, LLC."}],"balance_after":640,"source":{"system":"sec-edgar","filing":"0001104659-25-036964","document":"tm2512804-1_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/2020125/000110465925036964/tm2512804-1_4seq1.xml","form_type":"4"}},{"id":1168502,"issuer":{"id":77332,"kind":"organization","name":"Angel Studios, Inc.","symbol":"NONE"},"owners":[{"id":51351,"kind":"person","name":"Ahlstrom Paul","position":1,"cik":"0002020125","reported_name":"Ahlstrom Paul","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Class A Common Stock","published_at":"2025-04-22T01:21:25.000Z","date":"2025-04-18","kind":"gift","planned":false,"acquired":false,"shares":31,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Represents a bona fide gift of shares from the reporting person, for no consideration. No price is given because the disposition of the shares represents a bona fide gift."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Represents a bona fide gift of shares from the reporting person, for no consideration. No price is given because the disposition of the shares represents a bona fide gift."}],"balance_after":160994,"source":{"system":"sec-edgar","filing":"0001104659-25-036964","document":"tm2512804-1_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/2020125/000110465925036964/tm2512804-1_4seq1.xml","form_type":"4"}},{"id":1285320,"issuer":{"id":77332,"kind":"organization","name":"Angel Studios, Inc.","symbol":"NONE"},"owners":[{"id":51351,"kind":"person","name":"Ahlstrom Paul","position":1,"cik":"0002020125","reported_name":"Ahlstrom Paul","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Stock Options (right to buy)","published_at":"2025-02-04T19:57:35.000Z","date":"2025-02-03","kind":"grant","planned":false,"acquired":true,"shares":7805,"price":0,"value":0.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"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."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"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."}],"balance_after":59987,"derivative":{"exercise_price":32.76,"expiration_date":"2035-02-03","underlying":"Class F Common Stock, par value $0.001 per share","underlying_shares":7805},"source":{"system":"sec-edgar","filing":"0001104659-25-009065","document":"tm255454-2_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/2020125/000110465925009065/tm255454-2_4seq1.xml","form_type":"4"}},{"id":1285319,"issuer":{"id":77332,"kind":"organization","name":"Angel Studios, Inc.","symbol":"NONE"},"owners":[{"id":51351,"kind":"person","name":"Ahlstrom Paul","position":1,"cik":"0002020125","reported_name":"Ahlstrom Paul","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Stock Options (right to buy)","published_at":"2025-02-04T19:57:35.000Z","date":"2025-02-03","kind":"grant","planned":false,"acquired":true,"shares":29149,"price":0,"value":0.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"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."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"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."}],"balance_after":52182,"derivative":{"exercise_price":32.76,"expiration_date":"2035-02-03","underlying":"Class F Common Stock, par value $0.001 per share","underlying_shares":29149},"source":{"system":"sec-edgar","filing":"0001104659-25-009065","document":"tm255454-2_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/2020125/000110465925009065/tm255454-2_4seq1.xml","form_type":"4"}},{"id":1398013,"issuer":{"id":77332,"kind":"organization","name":"Angel Studios, Inc.","symbol":"NONE"},"owners":[{"id":51351,"kind":"person","name":"Ahlstrom Paul","position":1,"cik":"0002020125","reported_name":"Ahlstrom Paul","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Class C Common Stock, par value $0.001 per share","published_at":"2024-09-30T18:14:20.000Z","date":"2024-09-30","kind":"purchase","planned":false,"acquired":true,"shares":16,"price":30.24,"value":483.84,"ownership":{"direct":true},"footnotes":[{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F1","text":"Represents shares of the Issuer's Class C Common Stock purchased by Mr. Ahlstrom in an open market transaction."}],"balance_after":16,"source":{"system":"sec-edgar","filing":"0001104659-24-104179","document":"tm2425146-1_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/2020125/000110465924104179/tm2425146-1_4seq1.xml","form_type":"4"}}]}