Form 4: Agenus Inc. Director Timothy Wright Reports Acquisition of Deferred Stock Units

Director Timothy Wright reports acquiring 3,255.585 deferred stock units of Agenus Inc. under the company's deferred compensation plan.

Summary

• On April 1, 2025, Timothy Wright, a director of Agenus Inc., acquired 3,255.585 deferred stock units.
• These units were acquired under the Agenus Inc. Amended and Restated Directors' Deferred Compensation Plan.
• The 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 April 1, 2025 is $2.88.
• Following the transaction, Wright beneficially owns 17,459.668 shares.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing a routine transaction related to director compensation. It doesn't inherently convey positive or negative sentiment.

Future Outlook

Deferred Stock Units represent an equal amount of the Company's common stock to be distributed under the terms of the Plan, typically once the director ceases to serve as a director of the Company.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company directors and officers regarding their holdings of the company's securities.

Key Dates

Keywords

Agenus Inc, Director, Timothy Wright, Deferred Stock Units, Form 4, Beneficial Ownership, Compensation Plan