STOCK TITAN

AGNT repurchases 8.7M shares in $32M block at 10% discount

AGNT, Inc. (AGNT) reported that on September 14, 2026 it completed a repurchase of 8,693,290 shares of its common stock from the Gratitude 2022 Trust for an aggregate purchase price of $31,991,307.20.

(High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

AGNT, Inc. (AGNT) reported that on September 14, 2026 it completed a repurchase of 8,693,290 shares of its common stock from the Gratitude 2022 Trust for an aggregate purchase price of $31,991,307.20. The repurchase was executed at a 10% discount to the 5-day volume-weighted average price and the shares are no longer included in outstanding common stock. The Audit Committee, composed entirely of independent and disinterested directors, unanimously approved the related-person transaction and stated that acquiring this block meaningfully accelerates the company’s capital return program and is fair to the company and its shareholders.

Positive

  • Repurchase of 8,693,290 shares for $31,991,307.20 at a 10% discount to the 5-day VWAP, which the Audit Committee determined would meaningfully accelerate the company’s capital return program.
  • Purchased shares are no longer outstanding, reducing the common stock share count and potentially increasing ownership percentage for remaining shareholders.

Negative

  • None.

Insights

Analyzing...

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Shares repurchased 8,693,290 shares Common stock repurchased from the Gratitude 2022 Trust on September 14, 2026
Aggregate purchase price $31,991,307.20 Total consideration paid for 8,693,290 repurchased shares
Discount to 5-day VWAP 10% Block repurchase pricing relative to the 5-day volume-weighted average price
Repurchase completion date September 14, 2026 Date the share repurchase transaction was completed
volume-weighted average price financial
"a 10% discount to the 5-day volume-weighted average price would meaningfully"
Volume-weighted average price (VWAP) is the average price of a stock over a specific time period where each trade is weighted by the number of shares traded, so larger trades influence the average more than small ones. Investors and traders use VWAP as a reference point to judge whether trades are happening at relatively good or poor prices—like checking the average price paid for an item at a market where bulk purchases count more than single-item buys.
capital return program financial
"would meaningfully accelerate the Company’s capital return program beyond what"
independent and disinterested directors regulatory
"Audit Committee of the Company’s Board of Directors, consisting entirely of independent and disinterested"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transaction did AGNT (AGNT) announce on September 14, 2026?

AGNT completed a repurchase of 8,693,290 shares of its common stock from the Gratitude 2022 Trust for an aggregate purchase price of $31,991,307.20, structured as a share repurchase so the shares are no longer outstanding.

At what pricing terms did AGNT (AGNT) repurchase the shares?

AGNT’s Audit Committee approved acquiring the block at a 10% discount to the 5-day volume-weighted average price, stating that this pricing would meaningfully accelerate its capital return program compared to ordinary open-market purchases.

Who sold the repurchased shares to AGNT (AGNT) and why?

The Gratitude 2022 Trust, with Frank Selden as trustee, sold the Purchased Shares to meet time-sensitive tax and estate administration requirements following the death of former trustee Penny Sanford.

How does the AGNT (AGNT) repurchase affect outstanding shares?

AGNT structured the deal as a share repurchase by the company, and the filing states that the Purchased Shares are no longer included in the company’s outstanding shares of common stock.

What rationale did AGNT (AGNT) give for this block repurchase?

AGNT’s Audit Committee determined that buying this block at a 10% discount to the 5-day VWAP would meaningfully accelerate the capital return program beyond what could be achieved through ordinary open-market purchases.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
0001495932false00014959322026-09-142026-09-14

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 14, 2026

AGNT, INC.

(Exact name of registrant as specified in its charter)

Texas

001-38493

98-0681092

(State or other jurisdiction

(Commission

(IRS Employer

of incorporation)

File Number)

Identification No.)

2219 Rimland Drive, Suite 301, Bellingham, WA

98226

(Address of principal executive offices)

(Zip Code)

(360) 685-4206

(Registrant’s telephone number, including area code)

Not applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $0.00001 par value per share

AGNT

The Nasdaq Stock Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 8.01 Other Events.

On September 14, 2026, AGNT, Inc. (the “Company”) completed the previously disclosed repurchase of 8,693,290 shares of its common stock (the “Purchased Shares”) from Frank Selden, as trustee of the Gratitude 2022 Trust (the “Trust”), for an aggregate purchase price of $31,991,307.20, pursuant to the stock purchase agreement described in the Company’s Current Report on Form 8-K filed on September 8, 2026.

The Purchased Shares were sold by the Trust to meet time-sensitive tax and estate administration requirements following the death of Penny Sanford, the previous trustee of the Trust. The transaction was structured as a repurchase of shares by the Company, and the Purchased Shares are no longer included in the Company’s outstanding shares of common stock. As previously disclosed, the Audit Committee of the Company’s Board of Directors, consisting entirely of independent and disinterested directors, reviewed and unanimously approved the transaction under the Company’s related person transaction policy, determining that the opportunity to acquire this block at a 10% discount to the 5-day volume-weighted average price would meaningfully accelerate the Company’s capital return program beyond what could be achieved through ordinary open-market purchases, and that the terms were fair to, and in the best interests of, the Company and its shareholders.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

AGNT, Inc.

 

(Registrant)

 

 

Date: September 15, 2026

/s/ James Bramble

 

James Bramble

 

Chief Legal Counsel

Filing Exhibits & Attachments

3 documents

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