Agios (NASDAQ: AGIO) grants Viswanadhan 6,000 RSU and performance share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AGIOS PHARMACEUTICALS, INC. reported that Chief Strategy and Operations officer Krishnan Viswanadhan acquired equity-based compensation on June 18, 2026. He received 3,000 restricted stock units, each representing a contingent right to one share of common stock, and a further 3,000 performance share units tied to clinical and research milestones. The performance share units were originally granted on March 5, 2025, and the compensation & people committee determined that the performance criteria for a specified research milestone were met as of June 18, 2026. Shares related to that milestone are scheduled to vest on December 31, 2027, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,000 shares exercised/converted
Mixed
2 txns
Insider
Viswanadhan Krishnan
Role
Chief Strategy and Operations
| 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 5, 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
Derivative exercises: 3,000 shares
+3 more
6 metrics
Restricted stock units granted
3,000 units
Equity award to Chief Strategy and Operations officer
Performance share units tied to milestone
3,000 units
Contingent right to common stock upon milestone vesting
Derivative exercises
3,000 shares
Exercise or conversion of performance share units
Total derivative transactions
2 transactions
Both classified as acquisitions of derivative securities
Vesting date for milestone-related shares
December 31, 2027
Subject to continued service requirement
Performance grant date
March 5, 2025
Original grant date of performance share units
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"
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"
clinical and research milestones financial
"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"
FAQ
What insider transactions did AGIO executive Krishnan Viswanadhan report?
Krishnan Viswanadhan reported equity awards, not open-market trades. He received 3,000 restricted stock units and 3,000 performance share units, each convertible into one share of Agios common stock, as part of his compensation package.
How many restricted stock units did AGIO grant to Krishnan Viswanadhan?
Agios granted Krishnan Viswanadhan 3,000 restricted stock units. Each unit represents a contingent right to receive one share of Agios common stock, typically subject to time-based vesting and continued service conditions set by the company.
Does the AGIO Form 4 show any insider stock sales or purchases?
The Form 4 does not show open-market stock sales or purchases. It reflects equity compensation events: a grant of restricted stock units and performance share units linked to milestone achievement, both classified as acquisitions rather than discretionary market trades.