Agenus Director Thomas L. Harrison Receives 50,000-Share Award

What Happened Thomas L. Harrison, a director of Agenus Inc. (AGEN), received an award of 50,000 derivative shares (an equity option award) on August 5, 2026. The grant was reported at $0.00 (no cash paid on grant) and is described as an award under Agenus’s 2019 Amended and Restated Equity Incentive Plan. This is a non-sale, non-purchase compensation award rather than an open-market buy or sell.

Key Details

• Transaction date: 2026-08-05; Filing date (Form 4): 2026-08-11 (filed late relative to the usual 2-business-day requirement).
• Transaction type/code: A = Award (derivative/security grant) reported at $0.00.
• Shares/units granted: 50,000 (derivative interest/options); no immediate cash value reported in the filing.
• Shares owned after transaction: Not specified in the summary details provided in this notice—see the Form 4 for full beneficial ownership figures.
• Footnote: Grant made under the Agenus 2019 Equity Incentive Plan and vests over three years—1/3 on the first anniversary of the grant date, then the remaining 2/3 in two equal annual installments.

Context This is a standard director equity award for compensation/retention and does not represent an open-market purchase or sale. As a derivative/options grant, value will be realized only if the options vest and are later exercised/sold. Note the Form 4 was filed several days after the transaction date; late filings can delay public transparency but do not by themselves indicate wrongdoing.