Agios (NASDAQ: AGIO) director converts 1,976 RSUs, holds 8,049 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AGIOS PHARMACEUTICALS, INC. director Jeffrey D. Capello reported the vesting and conversion of previously granted restricted stock units into common shares. On June 13, 2026, he exercised 1,976 restricted stock units into 1,976 shares of common stock at a stated price of $0.00 per share, reflecting a compensation-related equity award rather than an open-market purchase. These units were part of a grant made on June 13, 2023, scheduled to vest in three equal annual installments beginning June 13, 2024. After this transaction, Capello directly holds 8,049 shares of Agios common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,976 shares exercised/converted
Mixed
2 txns
Insider
CAPELLO JEFFREY D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted stock units | 1,976 | $0.00 | -- |
| Exercise | Common stock | 1,976 | $0.00 | -- |
Holdings After Transaction:
Restricted stock units — 0 shares (Direct, null);
Common stock — 8,049 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 June 13, 2023. Beginning on June 13, 2024, the shares underlying the stock units will vest in three equal annual installments. Vested shares will be delivered to the reporting person within three business days after such shares become vested.
Key Figures
RSUs exercised: 1,976 units
Shares received: 1,976 shares
Post-transaction holdings: 8,049 shares
+1 more
4 metrics
RSUs exercised
1,976 units
Restricted stock units converted to common stock on June 13, 2026
Shares received
1,976 shares
Common stock issued upon RSU conversion
Post-transaction holdings
8,049 shares
Common stock directly held after the Form 4 transaction
Grant date
June 13, 2023
Original RSU grant with three equal annual vesting installments
Key Terms
Restricted stock units, Exercise or conversion of derivative security, Common stock, Vesting
4 terms
Restricted stock units financial
"The restricted stock units were granted on June 13, 2023."
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.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Common stock financial
"Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Vesting financial
"Beginning on June 13, 2024, the shares underlying the stock units will vest in three equal annual installments."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did AGIOS PHARMACEUTICALS (AGIO) director Jeffrey Capello report?
Jeffrey D. Capello reported exercising 1,976 restricted stock units into 1,976 shares of Agios common stock. This was a compensation-related equity vesting event, not an open-market trade, and increased his directly held share count.
Were the AGIOS PHARMACEUTICALS (AGIO) restricted stock units an open-market purchase?
No, the 1,976 shares arose from the exercise of restricted stock units at $0.00 per share. These units were part of an equity compensation grant, vesting over time, rather than shares bought on the open market.
When were the AGIOS PHARMACEUTICALS (AGIO) restricted stock units originally granted to Jeffrey Capello?
The restricted stock units were granted on June 13, 2023. Under the award terms, the underlying shares vest in three equal annual installments starting June 13, 2024, with vested shares delivered within three business days after vesting.
How many restricted stock units did Jeffrey Capello exercise in this AGIOS PHARMACEUTICALS (AGIO) Form 4?
He exercised 1,976 restricted stock units into 1,976 shares of common stock. After this conversion, the Form 4 shows zero restricted stock units remaining from this specific award and 8,049 common shares held directly.