Form 4: Agenus Inc. Director Susan B. Hirsch Reports Acquisition of Deferred Stock Units

Director Susan B. Hirsch acquired 3,172.98 deferred stock units of Agenus Inc. on October 1, 2024, under the company's Amended and Restated Directors' Deferred Compensation Plan.

Summary

• Susan B. Hirsch, a director of Agenus Inc., reported the acquisition of 3,172.98 deferred stock units on October 1, 2024.
• The acquisition was made under the Agenus Inc. Amended and Restated Directors' Deferred Compensation Plan.
• These deferred stock units convert to shares of common stock on a 1-for-1 basis and are typically distributed once the director ceases to serve as a director of the company.
• The price of each Deferred Stock Unit acquired on October 1, 2024 is $7.49.
• Following the transaction, Ms. Hirsch beneficially owns 9,790.493 shares.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a routine transaction related to director compensation.

Future Outlook

The deferred stock units will convert to shares of common stock upon the director ceasing to serve as a director of the company.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director compensation and ownership.

Key Dates