Company: AGIO
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001439222-25-000116
Chunk: 135

Company: AGIOS PHARMACEUTICALS, INC.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 135
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 Outstanding at September 30, 20256,271,947 $39.58 Exercisable at September 30, 20254,232,483 $43.19 Vested and expected to vest at September 30, 20256,271,947 $39.58 At September 30, 2025, there was approximately $32.6 million of total unrecognized compensation expense related to unvested stock option awards, which we expect to recognize over a weighted-average period of approximately 2.46 years.Restricted stock unitsThe following table presents RSU activity for the nine months ended September 30, 2025:Number ofStock UnitsWeighted-AverageGrant Date Fair ValueUnvested shares at December 31, 20241,818,563 $30.31 Granted1,158,801 33.28 Vested(813,892)30.26 Forfeited(108,350)30.80 Unvested shares at September 30, 20252,055,122 $31.98 As of September 30, 2025, there was approximately $47.0 million of total unrecognized compensation expense related to RSUs, which we expect to recognize over a weighted-average period of approximately 1.94 years.Performance-based stock units The following table presents PSU activity for the nine months ended September 30, 2025:Number ofStock UnitsWeighted-AverageGrant Date Fair ValueUnvested shares at December 31, 2024374,583 $29.45 Granted185,450 33.25 Vested(83,027)26.35 Unvested shares at September 30, 2025477,006 $31.47 Stock-based compensation expense associated with these PSUs is recognized if the underlying performance condition is considered probable of achievement using our management’s best estimates.As of September 30, 2025, there was no unrecognized compensation expense related to PSUs with performance-based vesting criteria that are considered probable of achievement, and $15.0 million of total unrecognized compensation expense related to PSUs with performance-based vesting criteria that are considered not probable of achievement.2013 Employee Stock Purchase PlanIn June 2013, our Board of Directors adopted, and in July 2013 our stockholders approved, the 2013 Employee Stock Purchase Plan, or the 2013 ES