HARRISON THOMAS L 4

What Happened

• Thomas L. Harrison, a director of Agenus Inc. (AGEN), received 8,547 shares on 2026-07-01 as an award/acquisition under the company's board compensation election policy. The filing lists the share price as $3.58 per share and a total value of approximately $30,624 (footnote clarifies a $3.583 average price basis).

Key Details

• Transaction date: 2026-07-01; Form 4 filed: 2026-07-07 (appears to be filed after the standard 2-business-day Form 4 window).
• Shares received: 8,547; price listed: $3.58/share; value shown: ~$30,624 (calculated using $3.583 average per footnote).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 — shares issued under Agenus’ Board Compensation Election Policy (director elected to receive fees in stock). F2 — $3.583 is the average closing price for the prior calendar quarter used to price the issuance.
• Transaction code: A (award/acquisition).

Context

• This was a compensation issuance (director fee election), not an open-market purchase or sale, so it reflects routine pay conversion rather than a direct buy/sell decision in the market.
• Compensation issuances are common and do not necessarily signal bullish or bearish views by the insider; they primarily indicate alignment via equity pay.