AGIOS (AGIO) Insider Executes 10b5-1 Plan: 200 Options Exercised
Rhea-AI Filing Summary
Insider transactions by Director David Scadden show option exercise and a share sale under a 10b5-1 plan. On 10/08/2025 Mr. Scadden exercised 200 stock options with an $18.09 exercise price, creating 200 new shares.
He simultaneously sold 200 shares at $41, leaving him with 17,603 shares of common stock directly and 27,107 shares underlying options and other derivative holdings in total. The exercise option was originally granted on 06/21/2022 and vests 100% one year from the grant date. The transactions were made pursuant to a Rule 10b5-1 trading plan.
Positive
- Use of a Rule 10b5-1 plan indicates trades were pre-planned and intended to meet insider-trading safe-harbor conditions
- Option exercise used a lower strike price ($18.09) to generate shares without increasing outstanding option overhang materially
Negative
- Insider sale of 200 shares at $41 modestly reduced direct holdings to 17,603 shares
Insights
Director used a pre-established 10b5-1 plan to exercise options and sell shares.
The trades show a structured liquidity action rather than ad hoc selling: the shares were sold under a Rule 10b5-1 plan and the option exercise occurred the same day, producing 200 newly issued shares from an option with an $18.09 strike.
This reduces direct holdings modestly to 17,603 shares while leaving 27,107 total shares when counting exercisable options. Monitor subsequent Form 4 filings for additional plan-based trades within the next 12 months for changes to insider ownership profiles.
Option grant and vesting timeline is clear: grant on 06/21/2022 with full vesting after one year.
The reported option exercised was granted on 06/21/2022 and vests 100% one year from grant date, indicating the exercised options were fully vested and available for sale. The exercise and sale at different prices ($18.09 exercise, $41 sale) reflect common liquidity from option monetization.
Watch for any tax-related or planned periodic exercises tied to company option schedules and for disclosures if additional option tranches become exercisable through 06/21/2026 or other stated expirations.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock options (right to buy) | 200 | $0.00 | -- |
| Exercise | Common stock | 200 | $18.09 | $4K |
| Sale | Common stock | 200 | $41.00 | $8K |
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. This option was granted on June 21, 2022. The shares underlying this option vest 100% one year from grant date.
FAQ
What did AGIO Director David Scadden do on 10/08/2025?
Were these trades part of a planned program?
When was the option that was exercised originally granted?
What prices were involved in the exercise and sale?