AGNT major holder exits after 26.7M-share trust transfer
A 10% owner of AGNT, Inc. reports a trust-related transfer of 26,731,114 shares and no longer counts these shares as beneficially owned.
Rhea-AI Filing Summary
AGNT, Inc. (symbol: AGNT) is the issuer of record for a Form 4 filing submitted to the SEC. SANFORD PENNY reported disposition transactions in this Form 4 filing.
AGNT, Inc. (AGNT) reported that major shareholder Penny Sanford transferred 26,731,114 shares of common stock on September 3, 2026 through a restructuring of trust ownership. The shares were held indirectly through the Gratitude 2022 Trust, and after this change she reports owning no shares of AGNT common stock.
The trust’s record owner name was updated from Penny Sanford as trustee to Frank Selden as trustee, and Penny Sanford is no longer deemed the beneficial owner of these shares. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
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Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 26,731,114 | $0.00 | $0.00 |
Footnotes (1)
- F1. The name of the record owner of the shares reported herein was updated from Penny Sanford TTEE Gratitude 2022 Trust to Frank Selden TTEE Gratitude 2022 Trust to reflect the change in trustee of the Gratitude 2022 Trust. As a result, the reporting person is no longer the beneficial owner of such shares.
Key Figures
Key Terms
beneficial owner regulatory
record owner regulatory
trustee regulatory
Trust financial
FAQ
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What insider transaction did AGNT (AGNT) disclose for Penny Sanford?
What change occurred with the Gratitude 2022 Trust in the AGNT (AGNT) filing?
Was the AGNT (AGNT) insider transaction made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.