Agios (AGIO) Form 4: Scadden Adds 2,120 Shares, Receives New Equity Awards
Rhea-AI Filing Summary
Form 4 filing overview for Agios Pharmaceuticals (AGIO)
Director Dr. David Scadden reported multiple equity transactions dated 18-20 June 2025. The filing shows:
- Table I – Common stock: On 20 June 2025, Scadden acquired 2,120 shares of common stock through a Rule 16b-3 “M” transaction (settlement of previously granted RSUs). Post-transaction direct ownership stands at 17,603 shares.
- Table II – New equity awards (18 June 2025):
- RSUs: 2,816 restricted stock units, each convertible into one share, vesting in full on 18 Jun 2026.
- Stock options: 15,768 options with a $35.50 exercise price, vesting 100 % on 18 Jun 2026 and expiring 18 Jun 2035.
- Derivative settlement (20 June 2025): The earlier 2,120 RSUs granted 20 Jun 2024 were settled for an equal number of common shares; no derivative balance remains.
No sale of common shares occurred, and all holdings are disclosed as directly owned. These awards reflect routine director compensation and do not, by themselves, signify a change in corporate strategy or financial outlook.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine director equity grants; no shares sold; minimal market impact.
The filing represents Agios’ standard annual director equity package—an option block (15,768 shares @ $35.50) plus 2,816 RSUs. Vesting is one-year cliff, matching prior patterns, suggesting alignment incentives rather than immediate liquidity. Settlement of 2,120 RSUs merely converts a maturing award to stock, increasing Scadden’s direct stake to 17,603 shares. Absence of open-market sales indicates neutral-to-positive signalling but, given the small relative size versus AGIO’s float, the disclosure is not materially market-moving.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted stock units | 2,120 | $0.00 | -- |
| Exercise | Common stock | 2,120 | $0.00 | -- |
| Grant/Award | Restricted stock units | 2,816 | $0.00 | -- |
| Grant/Award | Stock options (right to buy) | 15,768 | $0.00 | -- |
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 18, 2025. The shares underlying the stock units will vest in full on June 18, 2026. Vested shares will be delivered to the reporting person within three business days after such shares become vested. These options were granted on June 18, 2025. The shares underlying these options vest as to 100% of the underlying shares on June 18, 2026. The restricted stock units were granted on June 20, 2024. The shares underlying the stock units vest in full on June 20, 2025. Vested shares will be delivered to the reporting person within three business days after such shares become vested.