HARRISON THOMAS L 4
4 · AGENUS INC · Filed Apr 13, 2026
Research Summary
AI-generated summary of this filing
Agenus Director Thomas L. Harrison Receives 9,228-Share Award
What Happened
Thomas L. Harrison, a director of Agenus Inc. (AGEN), acquired 9,228 shares of Agenus common stock on April 1, 2026. The shares were issued at $3.32 per share (total value about $30,628) as an award/acquisition under the company's board compensation election policy — effectively receiving director fees in stock rather than cash.
Key Details
- Transaction date: 2026-04-01; Form 4 filed 2026-04-13 (Accession: 0001193125-26-152886).
- Shares acquired: 9,228 at $3.32 per share; total value ≈ $30,628. Footnote clarifies $3.319 is the quarterly average closing price used (rounded to $3.32).
- Transaction type: Award/other acquisition under the Agenus Board Compensation Election Policy (director elected stock in lieu of cash).
- Shares owned after transaction: not specified in the provided excerpt.
- No late-filing indication in the provided information.
Context
Receiving board compensation in shares is a routine way for directors to take fees in equity rather than cash; it is treated as an acquisition (not a market buy) and does not necessarily signal a change in personal view of the company. The filing documents the grant amount and the valuation method (quarterly average price).
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-04-01$3.32/sh+9,228$30,628→ 38,998 total
Footnotes (2)
- [F1]Acquired under the Agenus Inc. Board Compensation Election Policy pursuant to which a director may elect to receive their director fees in shares of Agenus' common stock.
- [F2]$3.319 is the average of the closing price for the Company's common stock for all trading days during the calendar quarter immediately preceding the date such shares were issued.