Agios (NASDAQ: AGIO) director receives new stock options and RSU awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AGIOS PHARMACEUTICALS, INC. director Jay T. Backstrom received new equity awards as part of his compensation. He was granted stock options for 14,950 shares of common stock at an exercise price of $34.16 per share, vesting in full on June 18, 2027 and expiring on June 18, 2036.
He also received 2,927 restricted stock units, each representing a contingent right to one share of common stock. These RSUs vest in full on June 18, 2027, with shares to be delivered within three business days after vesting. These are routine awards, not open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Backstrom Jay T.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted stock units | 2,927 | $0.00 | -- |
| Grant/Award | Stock options (right to buy) | 14,950 | $0.00 | -- |
Holdings After Transaction:
Restricted stock units — 2,927 shares (Direct, null);
Stock options (right to buy) — 14,950 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 18, 2026. The shares underlying the stock units will vest in full on June 18, 2027. 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, 2026. The shares underlying these options vest as to 100% of the underlying shares on June 18, 2027.
Key Figures
Stock options granted: 14,950 options
Option exercise price: $34.16 per share
Option expiration: June 18, 2036
+2 more
5 metrics
Stock options granted
14,950 options
Grant on June 18, 2026; 100% vest on June 18, 2027
Option exercise price
$34.16 per share
Exercise price for 14,950 stock options
Option expiration
June 18, 2036
Expiration date of granted stock options
RSUs granted
2,927 RSUs
Grant on June 18, 2026; vest in full June 18, 2027
Shares per RSU
1 share per RSU
Each restricted stock unit equals one common share
Key Terms
Restricted stock units, Stock options, contingent right, exercise price, +1 more
5 terms
Restricted stock units financial
"The restricted stock units were granted on June 18, 2026."
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.
Stock options financial
"These options were granted on June 18, 2026."
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
exercise price financial
"conversion_or_exercise_price": "34.1600""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vest financial
"The shares underlying these options vest as to 100% of the underlying shares"
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 did Agios (AGIO) director Jay Backstrom report in this Form 4?
Jay T. Backstrom reported receiving equity compensation awards from Agios. He was granted stock options and restricted stock units tied to Agios common stock, reflecting routine director compensation rather than open-market buying or selling of existing shares.
How many stock options did Jay Backstrom receive from Agios (AGIO)?
Jay Backstrom received stock options for 14,950 shares of Agios common stock. These options have an exercise price of $34.16 per share and vest 100% on June 18, 2027, providing potential future ownership if exercised after vesting.
What are the terms of Jay Backstrom’s restricted stock units at Agios (AGIO)?
He received 2,927 restricted stock units, each equal to one share of Agios common stock. The units were granted June 18, 2026 and vest in full on June 18, 2027, with vested shares delivered within three business days after vesting.
Are Jay Backstrom’s Agios (AGIO) Form 4 transactions open-market buys or sells?
No, the Form 4 shows grant or award acquisitions, not market trades. Both the stock options and restricted stock units were awarded at a zero purchase price, reflecting equity compensation rather than open-market buying or selling activity.
When do Jay Backstrom’s Agios (AGIO) stock options expire?
The stock options granted to Jay Backstrom on June 18, 2026 expire on June 18, 2036. They vest fully on June 18, 2027, giving him several years after vesting to decide whether to exercise them at the $34.16 strike price.