Form 4: Agilon Health Chief Markets Officer Reports Stock Transactions
SEC Form 4 Filing
Benjamin Shaker, Chief Markets Officer of Agilon Health, reports the vesting and settlement of performance-based restricted stock units (PSUs) and shares withheld for tax obligations.
Summary
- On March 14, 2025, Benjamin Shaker, Chief Markets Officer of Agilon Health, had 11,786 performance-based restricted stock units (PSUs) vest, which were then settled for shares of common stock.
- The number of PSUs that vested was determined based on Agilon Health's Revenue and Adjusted EBITDA goals over a three-year period from January 1, 2022, through December 31, 2024, with a total attainment of 87%.
- Additionally, 4,143 shares of common stock were withheld by the issuer to satisfy income tax withholding obligations related to the PSU settlement at a price of $4.05.
- Following these transactions, Shaker directly owns 457,058 shares of common stock, which includes restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by a company officer. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.
Stakeholder Impact
- Shareholders are informed about the transactions of a key executive, providing transparency into insider activity.
- The company's obligation to withhold shares for tax purposes impacts the number of shares outstanding.
Key Dates
| Date | Description |
|---|---|
| April 14, 2022 | Date the performance-based restricted stock units (PSUs) were granted. |
| January 1, 2022 December 31, 2024 | Performance period for determining the number of PSUs that vested based on Revenue and Adjusted EBITDA goals. |
| March 14, 2025 | Date of the reported transactions: PSU vesting and share withholding for tax obligations. |
| March 18, 2025 | Date of the signature on the Form 4 filing. |
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