Research Summary
AI-generated summary of this SEC filing
AGNT CMO Wendy Forsythe Receives RSU Award; 2,287 Shares
What Happened
- Wendy Forsythe, Chief Marketing Officer of AGNT, had restricted stock units (RSUs) convert into 2,287 shares on 2026-08-14 (reported as a derivative conversion, code M). The RSUs carried no exercise price ($0.00).
- To satisfy tax withholding (code F), 615 of those shares were withheld/disposed at $4.35 per share, generating $2,675 to cover taxes. After withholding, Forsythe retained 1,672 shares from this vesting event.
- This was not an open-market purchase or sale for investment purposes but a routine vesting and tax-withholding event.
Key Details
- Transaction date: 2026-08-14; Form 4 filed: 2026-08-17 (filing appears timely).
- Acquired: 2,287 shares via conversion/vesting (derivative code M) at $0.00 exercise price.
- Disposed/withheld: 615 shares for tax withholding (code F) at $4.35 each, totaling $2,675.
- Net shares retained from this award: 1,672.
- Footnotes: F1 = vesting of previously granted RSUs; F2 = shares withheld to cover tax obligations.
- No 10b5-1 plan, sale for cash proceeds, or other special sale conditions were indicated in this filing.
Context
- This is a routine RSU vesting plus tax withholding (not a market sell or discretionary purchase), so it’s not a direct signal of buying/selling intent.
- Transaction codes: M indicates exercise/conversion of a derivative (here, RSU conversion); F indicates shares withheld to cover taxes.