Agenus (AGEN) Director Marco Marcucci Receives 7,500-Share Award

What Happened Marco Tullio Marcucci, a director of Agenus Inc. (AGEN), was granted a derivative award covering 7,500 shares on August 5, 2026. The grant is reported at $0.00 immediate cash value (transaction coded as an Award/Grant — A) and represents an equity compensation award tied to his board appointment rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-05; Report filed: 2026-09-16 (filed late — 42 days after the transaction; Form 4s are generally due within two business days).
• Amount and price: 7,500-share award reported at $0.00 per share (derivative award).
• Shares owned after transaction: Not specified in this filing.
• Footnote: The award is an option granted in connection with Mr. Marcucci's board appointment and vests in three equal annual installments beginning on the first anniversary of the grant, subject to continued service.
• Transaction code: A (award/grant); this is not an immediate sale or purchase of freely tradable shares.

Context This was an equity compensation grant to a newly appointed director, so it reflects standard board compensation rather than a market trade. Because it’s an option award, future filings (Form 4s) should report any exercises or subsequent sales when they occur. The late filing is noted and may be an administrative oversight; it does not itself indicate buying or selling intent.