AGIOS (NASDAQ: AGIO) CFO receives RSUs and milestone-based performance share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jones Cecilia reported acquisition or exercise transactions in this Form 4 filing.
AGIOS PHARMACEUTICALS, INC. Chief Financial Officer Cecilia Jones reported equity compensation activity involving restricted stock units and performance share units. She received a grant of 3,000 restricted stock units, each representing a contingent right to one share of common stock. A separate award of 3,000 performance share units tied to a specified research milestone had its performance criteria determined to be met as of June 18, 2026. The underlying shares for this milestone are scheduled to vest on December 31, 2027, subject to her continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,000 shares exercised/converted
Mixed
2 txns
Insider
Jones Cecilia
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance share units | 3,000 | $0.00 | -- |
| Grant/Award | Restricted stock units | 3,000 | $0.00 | -- |
Holdings After Transaction:
Performance share units — 9,000 shares (Direct, null);
Restricted stock units — 3,000 shares (Direct, null)
Footnotes (1)
- Each performance stock unit represents a contingent right to receive one share of the issuer's common stock. Performance stock units were granted on March 1, 2025, and provide for the vesting of underlying shares upon the achievement of three specified clinical and research milestones established by the compensation & people committee, or board of directors, as applicable. The performance criteria for the specified research milestone was determined by the compensation & people committee to be met as of June 18, 2026. The shares related to such milestone will vest on December 31, 2027, subject to the recipient's continued service. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
Key Figures
Restricted stock units granted: 3,000 units
Performance share units tied to milestone: 3,000 units
Vesting date for milestone-related shares: December 31, 2027
+2 more
5 metrics
Restricted stock units granted
3,000 units
Grant of restricted stock units to CFO on June 18, 2026
Performance share units tied to milestone
3,000 units
Performance criteria determined met as of June 18, 2026
Vesting date for milestone-related shares
December 31, 2027
Scheduled vesting for shares underlying the research milestone PSUs
Total derivative transaction count
2 transactions
Form 4 derivative-type entries for RSUs and PSUs
Performance units exercisable into common stock
1 unit = 1 share
Each performance share unit represents a right to one common share
Key Terms
Restricted stock units, Performance share units, contingent right, clinical and research milestones, +1 more
5 terms
Restricted stock units financial
"Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock."
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 performance stock unit represents a contingent right to receive one share of the issuer's common stock."
clinical and research milestones financial
"Performance stock units were granted on March 1, 2025, and provide for the vesting of underlying shares upon the achievement of three specified clinical and research milestones"
compensation & people committee financial
"milestones established by the compensation & people committee, or board of directors, as applicable."
FAQ
What did AGIO CFO Cecilia Jones report in this Form 4 transaction?
Cecilia Jones reported equity compensation activity, including 3,000 restricted stock units and 3,000 performance share units. Both instruments represent contingent rights to AGIOS common stock, reflecting non-cash compensation rather than open-market share purchases or sales.
How many restricted stock units did AGIO grant to its CFO Cecilia Jones?
Cecilia Jones received a grant of 3,000 restricted stock units. Each unit represents a contingent right to receive one share of AGIOS PHARMACEUTICALS common stock, aligning part of her compensation with the company’s future share performance.