Departure and appointment · 8 October 2026
AGNT, Inc.
AGNT · Listed
Key facts
- How the CEO left
- Resignation
- Planned or abrupt
- Planned
- Successor
- Internal (a current executive)
- Outgoing CEO stays as
- Chair
- Signs it was forced
- None stated
- Other news alongside
- None
- Effective
- 8 October 2026
- Reason given
- to facilitate the Company's planned leadership succession
Read from the filing and press release by a language model (Google Gemini), told to use only that text. It can make mistakes; the quotes below are the source.
The announcement
(b) On October 2, 2026, Glenn Sanford, the Chairman and Chief Executive Officer of AGNT, Inc. (the “Company”), confirmed to the Company’s Board of Directors (the “Board”) that, to facilitate the Company’s planned leadership succession, he recommended that Leo Pareja, Chief Executive Officer of eXp Realty, LLC (“eXp Realty”), a wholly owned subsidiary of the Company, be appointed as the Company’s Chief Executive Officer, and that Mr. Sanford intends to transition from his role as Chief Executive Officer of the Company and from all other employment positions with the Company and its subsidiaries, effective October 8, 2026.
In addition, in connection with the transition, the Company anticipates entering into a Consulting Services Agreement with Mr. Sanford, which, if entered into, would be disclosed in a subsequent Current Report on Form 8-K. (c) On October 6, 2026, the Board acted by unanimous written consent to appoint Mr. Pareja as the Company’s Chief Executive Officer, effective October 8, 2026 (the “Effective Date”).
On October 8, 2026, the Company issued a press release announcing Mr. Sanford’s transition as Chief Executive Officer, Glenn’s recommendation, and the Board’s unanimous appointment, of Mr. Pareja as Chief Executive Officer effective on the Effective Date, and Mr. Sanford’s continued service as Chairman of the Board.
Sentences matched by our CEO change rules, from the first filing. Read the 8-K on SEC EDGAR ↗
Share price reaction
The filing reached SEC EDGAR on 8 October 2026 at 17:10 New York time, after the market closed, so day 0 is the next trading day, 9 October 2026. Day 0 is marked by the vertical line.
| Window | AGNT | S&P 500 | Abnormal |
|---|---|---|---|
| Days 0 to +1 | −7.5% | +0.5% | −7.2% |
| Days 0 to +3 | −7.0% | −0.6% | −4.6% |
| 1 month (days 0 to +21)so far, 13 of 22 days | −0.7% | −0.6% | +6.6% |
| 3 months (days 0 to +63)so far, 13 of 64 days | −0.7% | −0.6% | +6.6% |
The abnormal return is the stock's return beyond what its usual relationship with the market (beta 0.96) predicts. A single stock's move can reflect other news on the same days, so it describes what happened rather than measuring the effect of the CEO change; averages across many events are on the Research design page as they are completed.
News coverage
- Leo Pareja Named Chief Executive Officer of AGNT; Founder Glenn Sanford to Continue as Chairman of the Board ↗
manilatimes.net · 8 October 2026 · Tone: neutral
- Leo Pareja named CEO of AGNT, Glenn Sanford steps down ↗
housingwire.com · 8 October 2026 · Tone: neutral
- eXp's Leo Pareja to Lead AGNT as Glenn Sanford Steps Down — RISMedia ↗
rismedia.com · 8 October 2026 · Tone: neutral
Headlines from the day before the filing to three days after, found in the GDELT news index by company name, so an occasional match may be about something else. Tone is FinBERT's reading of the headline alone, a language model trained on financial news; it is not our view of the change.