https://www.barrons.com/articles/chelsea-clinton-iac-stock-value-51561739031?mod=hp_INTERESTS_technology&refsec=technology
Clinton, the daughter of former President Bill Clinton and former Secretary of State Hillary Clinton, is the vice chair of the Clinton Foundation. As a director of IAC (ticker: IAC), which owns investments in a number of internet brands, Clinton receives a $50,000 retainer and $250,000 in restricted stock units, or RSUs, which vest in installments and convert into shares over time. The $50,000 retainer can be taken in cash or in share units, which represent the number of IAC shares that could have been purchased on the relevant date. Directors receive the shares represented by the share units when they leave IAC’s board.
As of June 21, Clinton owned 33,314 share equivalents of IAC stock, consisting of 28,028 shares and 5,286 share units, according to a form she filed with the Securities and Exchange Commission. Based on Friday’s closing price of $217.53, that stake is valued at $7.2 million. Clinton also owns at least 797 RSUs. In October, her share equivalents were valued at $6.6 million.
The Clinton Foundation didn’t respond to a request to make Clinton available for comment on her IAC stake.
The Wall Street Journal noted in February that one of IAC’s wholly owned properties, video-creation and streaming site Vimeo, has been outperforming the market. IAC stock has been outperforming as well; the S&P 500 has gained 17.3% this year, a percentage point and a half less than the shares