HARRISON THOMAS L 4

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).