Charette Austin 4

What Happened

• Charette Austin, Principal Accounting Officer of Agenus (AGEN), was granted two equity awards on April 24, 2026 totaling 22,619 derivative shares (5,000 and 17,619). The grants are reported on a Form 4 with $0.00 per share because these are option/award grants (not open‑market purchases), so no cash changed hands at grant.

Key Details

• Transaction date: April 24, 2026; Form 4 filed April 28, 2026.
• Awards: 5,000 and 17,619 derivative shares reported at $0.00 (total 22,619).
• Vesting: The 5,000‑share award vests over three years (1/3 on 4/24/2027, remainder in equal quarterly installments) per Footnote 1. The 17,619‑share award was granted in lieu of the 2025 cash bonus and vests in full on 5/24/2026 per Footnote 2.
• Shares owned after the transaction: not specified in the excerpt of the filing.
• Filing timeliness: Form 4 was filed April 28, 2026 to report April 24 transactions (the filing lists the report date as April 28).

Context

• These are option/award grants (derivative securities) rather than purchases or sales. One award is a time‑based grant with multi‑year vesting; the larger award is a single‑date vesting grant issued in lieu of a cash bonus. Such grants are common compensation practices and do not by themselves indicate an immediate buy or sell decision.