Monitor the proxy fight outcome as it could influence strategic direction; the hefty PSU targets suggest management's optimism about stock price recovery, but near-term focus should be on the contested board election results.
Price Chart
Executive Summary
agilon health appointed Tim O'Rourke as CEO and President, effective May 7, 2026, with a compensation package including $850,000 base salary, $500,000 signing bonus, and equity awards tied to aggressive stock price targets. The appointment comes amid a proxy fight context (DEFA14A filed 4 days prior), suggesting potential board-level tensions.
Key Facts
- Tim O'Rourke appointed CEO and President, starting May 7, 2026
- Base salary of $850,000 with 100% target annual bonus opportunity
- One-time cash signing bonus of $500,000
- Granted 120,000 time-vesting RSUs (3-year vesting) and 200,000 performance-vesting PSUs with stock price targets of $50, $100, and $150
- Severance: 18 months of base salary plus target bonus upon without-cause termination
- Cross-filing: DEFA14A (proxy fight materials) filed April 23, 2026, indicating contested board election
Financial Impact
CEO compensation disclosed; no financial performance impact directly from this filing
Risk Factors
- Proxy fight may distract management or lead to board changes
- Aggressive PSU targets may signal unrealistic expectations
- Stock price is low ($435M market cap); PSU targets far above current levels could be dilutive if not met
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001628280-26-027512 |
| Exhibit: ex-991.htm | 0001628280-26-027512 |
| Document: 0001628280-26-027512-index-headers.html | 0001628280-26-027512 |
| Document: 0001628280-26-027512-index.html | 0001628280-26-027512 |
| Document: 0001628280-26-027512.txt | 0001628280-26-027512 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Apr 27, 2026 22w ago | DEFA14A | $27.90 $100.27 | ▲ +259.39% | ▲ +255.40% | $84.63 (+203.33%) |
Apr 27, 2026 22w ago | 8-K | $27.90 $100.27 | ▲ +259.39% | ▲ +255.40% | $84.63 (+203.33%) |
Feb 28, 2026 30w ago | Institutional Cluster | $15.40 $85.27 | ▲ +453.70% | ▲ +444.37% | $84.63 (+449.55%) |
Feb 25, 2026 31w ago | 8-K | $12.50 $80.94 | ▲ +547.52% | ▲ +540.57% | $84.63 (+577.04%) |
US Market Status
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