Agios Pharmaceuticals (NASDAQ: AGIO) director reports 1,447-share equity award and 2,894 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AGIOS PHARMACEUTICALS, INC. director Jay T. Backstrom reported equity compensation activity. On July 8, 2026, he acquired 1,447 shares of common stock at no cost, in connection with the exercise/vesting of 1,447 restricted stock units (RSUs). Following these transactions, he directly holds 1,447 common shares and 2,894 RSUs. The RSUs were originally granted on July 8, 2025 and are scheduled to vest in three equal annual installments beginning July 8, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,447 shares exercised/converted
Mixed
2 txns
Insider
Backstrom Jay T.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted stock units | 1,447 | $0.00 | -- |
| Grant/Award | Common stock | 1,447 | $0.00 | -- |
Holdings After Transaction:
Restricted stock units — 2,894 shares (Direct, null);
Common stock — 1,447 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The restricted stock units were granted on July 8, 2025. Beginning on July 8, 2026, the shares underlying the restricted stock units will vest in three equal annual installments.
Key Figures
Common shares acquired: 1,447 shares
RSUs converted: 1,447 RSUs
Common shares held after: 1,447 shares
+3 more
6 metrics
Common shares acquired
1,447 shares
Grant/award acquisition of common stock on July 8, 2026 at $0.0000 per share
RSUs converted
1,447 RSUs
Exercise or conversion of restricted stock units into common stock on July 8, 2026
Common shares held after
1,447 shares
Total direct common stock ownership following the reported transactions
RSUs outstanding after
2,894 RSUs
Total restricted stock units remaining following the derivative transaction
Grant date of RSUs
July 8, 2025
Original grant date of the restricted stock units described in the footnotes
RSU vesting start
July 8, 2026
Date from which RSU shares will vest in three equal annual installments
Key Terms
restricted stock units, contingent right, derivative security, vest
4 terms
restricted stock units financial
"The restricted stock units were granted on July 8, 2025."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vest financial
"the shares underlying the restricted stock units will vest in three equal annual installments"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did AGIO director Jay T. Backstrom report?
Jay T. Backstrom reported acquiring 1,447 shares of AGIO common stock at no cost on July 8, 2026, through the vesting and conversion of restricted stock units.
How many restricted stock units does AGIO director Backstrom have remaining?
Following the July 8, 2026 transactions, Jay T. Backstrom has 2,894 restricted stock units (RSUs) outstanding, representing a contingent right to receive the same number of AGIO common shares.
When were Jay T. Backstrom’s AGIO restricted stock units granted and how do they vest?
The restricted stock units were granted on July 8, 2025 and, beginning July 8, 2026, the shares underlying the RSUs will vest in three equal annual installments.