Agenus director receives deferred stock unit grant

AGENUS INC director Timothy Wright reported a routine compensation grant of Deferred Stock Units.

Rhea-AI Filing Summary

AGENUS INC director Timothy Wright reported a routine compensation grant of Deferred Stock Units. On July 1, 2026, he acquired 2,267.765 Deferred Stock Units, each tied to the company’s common stock on a 1-for-1 basis under the directors’ deferred compensation plan.

The units were valued at $3.583 per Deferred Stock Unit, based on the average closing price of the company’s stock during the prior calendar quarter. Following this award, Wright holds a total of 26,180.771 Deferred Stock Units, which are typically settled in common shares after he ceases serving as a director.

Insider Trade Summary

Grant/Award: 2,267.765 shares

Grant/Award 1 txn

Insider Wright Timothy

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units	2,267.765	$0.00	$0.00

Holdings After Transaction: Deferred Stock Units — 26,180.771 contracts (Direct)

Footnotes (3)

1. F1. Deferred Stock Units convert to shares of Common Stock on a 1 for 1 basis.
2. F2. Acquired under the Agenus Inc. Amended and Restated Directors' Deferred Compensation Plan, as amended (the "Plan"). 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.
3. F3. $3.583 per Deferred Stock Unit acquired on July 1, 2026. The price of each Deferred Stock Unit acquired on July 1, 2026 is the average of the closing price for the Company's common stock for all trading days during the calendar quarter immediately preceding the date such Deferred Stock Unit was acquired pursuant to the Plan.

Key Figures

Deferred Stock Units granted: 2,267.765 units Unit reference price: $3.583 per unit Deferred Stock Units after grant: 26,180.771 units +1 more

4 metrics

Deferred Stock Units granted 2,267.765 units Grant dated July 1, 2026

Unit reference price $3.583 per unit Average closing price for prior calendar quarter

Deferred Stock Units after grant 26,180.771 units Holdings following July 1, 2026 transaction

Conversion ratio 1 unit : 1 share Deferred Stock Units to common stock

Key Terms

Deferred Stock Units, Amended and Restated Directors' Deferred Compensation Plan, Common Stock

3 terms

Deferred Stock Units financial

"Deferred Stock Units convert to shares of Common Stock on a 1 for 1 basis."

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

Amended and Restated Directors' Deferred Compensation Plan financial

"Acquired under the Agenus Inc. Amended and Restated Directors' Deferred Compensation Plan, as amended (the "Plan")."

Common Stock financial

"Deferred Stock Units convert to shares of Common Stock on a 1 for 1 basis."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Agenus (AGEN) director Timothy Wright report?

Director Timothy Wright reported a grant of 2,267.765 Deferred Stock Units. These units are a form of stock-based director compensation that later convert into Agenus common shares under the company’s directors’ deferred compensation plan.

How many Deferred Stock Units did Timothy Wright receive from Agenus (AGEN)?

Timothy Wright received 2,267.765 Deferred Stock Units. Each unit is linked to one share of Agenus common stock, giving him additional equity-based compensation that will generally be delivered after he leaves the board.

At what reference price were Timothy Wright’s Agenus (AGEN) Deferred Stock Units valued?

The Deferred Stock Units were valued at $3.583 per unit. This price equals the average closing price of Agenus common stock for all trading days in the calendar quarter immediately before the July 1, 2026 grant date.

How many Agenus (AGEN) Deferred Stock Units does Timothy Wright hold after this grant?

After the July 1, 2026 grant, Timothy Wright holds 26,180.771 Deferred Stock Units. These units represent an equivalent number of Agenus common shares that will be distributed according to the terms of the directors’ deferred compensation plan.

When will Timothy Wright’s Agenus (AGEN) Deferred Stock Units typically be paid out?

The Deferred Stock Units are typically distributed once Timothy Wright ceases to serve as a director. At that time, each unit converts into one share of Agenus common stock, following the provisions of the Amended and Restated Directors’ Deferred Compensation Plan.

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Accepted by SEC EDGAR 07/07/2026 - 10:39 AM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wright Timothy

(Last) (First) (Middle)

C/O AGENUS INC.

3 FORBES ROAD

(Street)

LEXINGTON MASSACHUSETTS 02421

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
AGENUS INC [ AGEN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Stock Units	(1)	07/01/2026		A		2,267.765		(2)	(2)	Common Stock	2,267.765	(3)	26,180.771	D

Explanation of Responses:

1. Deferred Stock Units convert to shares of Common Stock on a 1 for 1 basis.

2. Acquired under the Agenus Inc. Amended and Restated Directors' Deferred Compensation Plan, as amended (the "Plan"). 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.

3. $3.583 per Deferred Stock Unit acquired on July 1, 2026. The price of each Deferred Stock Unit acquired on July 1, 2026 is the average of the closing price for the Company's common stock for all trading days during the calendar quarter immediately preceding the date such Deferred Stock Unit was acquired pursuant to the Plan.

	/s/Melissa Orilall as Attorney-in-Fact for Timothy R. Wright	07/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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* Form 4: SEC 1474 (03-26)