Form 4: Agenus Inc. Director Ulf Wiinberg Reports Acquisition of Deferred Stock Units

Director Ulf Wiinberg reports acquisition of deferred stock units under Agenus Inc.'s Amended and Restated Directors' Deferred Compensation Plan.

Summary

• On July 1, 2024, Ulf Wiinberg, a director of Agenus Inc., acquired 2,121.119 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.
• The price of each Deferred Stock Unit acquired on July 1, 2024 is $12.08.
• Following the transaction, Wiinberg beneficially owns 16,077.186 deferred stock units.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard regulatory filing regarding director compensation.

Future Outlook

The deferred stock units will be distributed under the terms of the Plan, typically once the director ceases to serve as a director of the Company.

Industry Context

This filing is a routine disclosure of insider transactions, providing transparency to investors regarding the holdings and activities of company directors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director compensation and alignment of interests.

Key Dates