Gertsch Timothy 4

What Happened

• Timothy Gertsch, Chief Accounting Officer of agilon health (AGL), was granted 10,000 restricted stock units (RSUs) on April 1, 2026 (transaction code A). In connection with the net settlement of prior RSUs, 266 shares were withheld by the issuer to satisfy tax withholding obligations (transaction code F) at $9.75 per share, totaling $2,594. The RSU grant has no immediate purchase price (reported at $0.00).

Key Details

• Transaction dates: April 1, 2026 (reported on Form 4 filed April 3, 2026). Filing appears timely (Form 4 filed within the usual 2-business-day window).
• Grant: 10,000 RSUs (acquisition, coded A) — no cash paid.
• Withholding: 266 shares withheld for taxes at $9.75/share = $2,594 (coded F). Footnote clarifies withholding is not a sale but remittance to cover tax obligations.
• Vesting: RSUs vest in three equal installments on each anniversary of April 1, 2026, subject to continued employment (footnote).
• Reverse split: Reported ownership figures reflect a 1-for-25 reverse stock split effective March 30, 2026 (footnote). The provided excerpt did not list a post-transaction total beneficial ownership number.
• Notes: Footnotes indicate withheld shares are for tax remittance (not market sale) and that restricted stock units are included in beneficial ownership calculations.

Context

• RSU grants are acquisition events — generally a form of equity compensation tied to continued service. The withholding of shares for taxes is a routine administrative step and does not necessarily indicate a market sale.
• Vesting schedule means the economic benefit is realized over time (three annual installments), subject to employment. The reverse split adjusted reported share counts downward (1-for-25).