Form 4: Agenus Inc. Director Jennifer Buell Reports Stock Transaction
SEC Form 4 Filing
Director Jennifer Buell reports a stock transaction related to tax liability payment on stock received in lieu of cash salary.
Summary
- On January 24, 2025, Jennifer Buell, a director of Agenus Inc., had 270 shares of common stock disposed of to cover tax liabilities.
- This transaction was related to stock received in lieu of cash salary, as approved by the Agenus Inc. Compensation Committee.
- The price per share for the transaction was $3.57, which was the closing price of Agenus Inc. common stock on January 24, 2025.
- Following the transaction, Ms. Buell beneficially owns 14,176 shares of Agenus Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market. It reflects a director receiving stock as part of their compensation and subsequently disposing of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/24/2025 | Date of stock transaction (disposal of 270 shares) and payroll date. |
| 02/04/2025 | Date of report filing. |
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