Equity award vests for agilon health (NYSE: AGL) Chief Legal Officer
Rhea-AI Filing Summary
agilon health, inc. Chief Legal Officer Denise Zamore reported equity compensation activity tied to performance-based restricted stock units (PSUs). An award granted on April 14, 2023 fully vested on March 9, 2026 after agilon health achieved 42% of predetermined Revenue and Adjusted EBITDA goals over the three-year period from January 1, 2023 through December 31, 2025.
Each vested PSU settled into one share of common stock, resulting in 5,535 shares reported as acquired. In connection with this net settlement, 2,056 shares of common stock were withheld by the company at $0.5999 per share to satisfy income tax withholding and remittance obligations, which the disclosure notes does not represent a sale. Following these transactions, Zamore directly holds 446,604 shares of common stock, a figure that includes restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,535 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,056 | $0.5999 | $1K |
Footnotes (1)
- This award was granted on April 14, 2023 and all remaining performance-based restricted stock units (PSUs) subject to the award vested on March 9, 2026. The number of PSUs that vested was determined based on agilon health's predetermined Revenue and Adjusted EBITDA goals over a three-year period from January 1, 2023 through December 31, 2025. Total attainment achieved was 42%. Each PSU represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of PSUs in shares of common stock on their scheduled vesting date. Represents the number of shares of Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the PSUs and does not represent a sale. Includes restricted stock units.