AGNT, Inc. entered into a Termination and Release Agreement with Glenn Sanford, its founder, former Chief Executive Officer and current Board Chairman, effective retroactively as of October 8, 2026, when his employment ended; he remains on the Board. Sanford remains eligible for eXp Realty revenue share at the highest front line qualifying agent tier without meeting its qualification requirement, while he retains Vested Status and generally complies with eXp Realty policies governing revenue-share eligibility. This entitlement is independent of the Release.
If Sanford timely elects COBRA, AGNT will pay or reimburse coverage costs through the earliest of the Separation Date’s first anniversary, eligibility for another group health plan, or loss of COBRA eligibility; the benefit depends on the Release becoming effective and irrevocable. The Release was not effective as of November 9, 2026. Sanford has no consulting obligation, and no consulting agreement has been entered into.
AGNT, Inc. CEO Leonardo Pareja reported vesting of previously granted restricted stock units (RSUs) on November 6, 2026, and acquired 12,462 common shares. A separate same-day transaction reports 3,695 shares withheld from him to cover tax obligations.
AGNT, Inc. Chief Financial Officer Jesse P. Hill reported that 1,878 common shares were acquired upon vesting of previously granted restricted stock units on November 5, 2026. On the same date, 538 shares were withheld to cover his tax obligations, at a reported $3.91 per share. No Rule 10b5-1 plan is reported.
AGNT, Inc. reported third-quarter 2026 revenue of $1.393 billion, up 6% year over year, while net income shifted to a $4.258 million loss from $3.497 million of income. Operating income was $3.112 million, compared with $4.016 million a year earlier.
For the nine months ended September 30, revenue was $3.848 billion, up 7%, and adjusted EBITDA was $46.893 million versus $31.068 million. The company recorded a $12.049 million net loss versus $9.818 million a year earlier, while operating cash flow was $77.580 million versus $104.817 million. Cash and cash equivalents were $111.410 million and restricted cash was $74.807 million as of September 30, 2026.
On September 14, 2026, AGNT repurchased 8,693,290 shares from Frank Selden, trustee of Gratitude 2022 Trust, at $3.68 per share, for an aggregate purchase price of approximately $32.0 million. The company paid a $0.05 per-share dividend during the quarter. After quarter-end, the board appointed Leo Pareja CEO effective October 8, 2026, succeeding Glenn Sanford, who stepped down as CEO.
AGNT, Inc. reported third-quarter 2026 revenue of $1,392.857 million, up from $1,316.683 million a year earlier, while its results shifted from $3.497 million in net income to a $4.258 million net loss. Operating income was $3.112 million versus $4.016 million, and non-U.S. GAAP adjusted EBITDA was $17.140 million versus $17.712 million. For the first nine months, revenue was $3,847.946 million versus $3,580.466 million, and net loss was $12.049 million versus $9.818 million.
Cash and cash equivalents were $111.410 million at September 30, 2026; the CFO said the company had no debt. Third-quarter net cash provided by operating activities was $18.241 million versus $28.891 million, while non-U.S. GAAP adjusted operating cash flow was $41.455 million versus $45.430 million. International segment revenue increased 27%, with the CFO describing continued progress toward profitability as the segment scales. AGNT declared a $0.05-per-share cash dividend, expected to be paid December 4, 2026, to stockholders of record November 20, 2026.
AGNT, Inc. director Monica Weakley acquired 9 shares of Common Stock on October 31, 2026, in a grant/award transaction. The reported price was $3.49 per share, and her directly held position after the transaction was 12,545 shares. This was an award-related acquisition, not a transaction reported as a purchase or sale.
AGNT, Inc. CEO Leonardo Pareja was granted 573,588 restricted stock units on October 12, 2026. The RSUs vest in twelve substantially equal quarterly installments, beginning three months after the grant date and ending October 12, 2029, subject to his continued service through each applicable vesting date. RSUs do not expire; they either vest or are canceled prior to the vesting date.
AGNT, Inc. appointed Leo Pareja chief executive officer effective October 8, 2026, succeeding Glenn Sanford, who transitioned from the CEO role and other employment positions on that date and remains Board chairman. Pareja had been CEO of eXp Realty since April 2024. His employment agreement has an initial five-year term and automatically renews for successive one-year terms unless either party gives at least 90 days’ written notice of non-renewal.
Pareja’s annual base salary will increase to $1,800,000. His promotional equity grant includes options covering 1,060,814 shares at target, with performance-based vesting ranging from 0% to 200% of target over five years based on relative total shareholder return, and 573,588 restricted stock units vesting quarterly over three years. The 2027 annual equity award has a $4,897,500 grant-date value, split equally between options and restricted stock units; the option portion depends on an annual earnings-before-interest-and-taxes target set at grant. If terminated without cause (other than due to death or disability) or he resigns for good reason, Pareja is entitled to 18 months of continued base salary and up to 12 months of COBRA benefits, subject to a signed, unrevoked release and continued compliance with post-employment obligations.