Agenus (AGEN) director Brian Corvese granted 210,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Agenus Inc. director Brian Corvese received a grant of 210,000 stock options for Agenus Inc. common stock. The options were awarded on April 24, 2026 under the Agenus Inc. 2019 Amended and Restated Equity Incentive Plan at an exercise price of $3.90 per share.
The award vests on the one-year anniversary of the grant date and expires on April 24, 2036. After this grant, Corvese holds 210,000 stock options directly. This is a compensation-related award rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Corvese Brian
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 210,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option — 210,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock option grant size: 210,000 options
Exercise price: $3.90 per share
Options held after grant: 210,000 options
+2 more
5 metrics
Stock option grant size
210,000 options
Grant to director on April 24, 2026
Exercise price
$3.90 per share
Strike price of granted stock options
Options held after grant
210,000 options
Total stock options following transaction
Vesting schedule
1-year cliff
Vests on one-year anniversary of grant date
Option expiration date
April 24, 2036
Final exercise date for the granted options
Key Terms
Stock Option, 2019 Amended and Restated Equity Incentive Plan, vests, expiration date
4 terms
Stock Option financial
"security_title: "Stock Option" for derivative transaction"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
2019 Amended and Restated Equity Incentive Plan financial
"Option awarded in accordance with the Agenus Inc. 2019 Amended and Restated Equity Incentive Plan"
vests financial
"vests on the one-year anniversary of the grant date"
expiration date financial
"expiration_date: 2036-04-24T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What did Agenus (AGEN) director Brian Corvese report in this Form 4?
Brian Corvese reported receiving an award of 210,000 stock options for Agenus common stock. The grant is a compensation-related award, not a market purchase or sale, and reflects equity-based pay aligned with the company’s long-term incentive plan.
What are the key terms of Brian Corvese’s Agenus (AGEN) stock option grant?
The grant covers 210,000 stock options with a $3.90 per share exercise price. The options were awarded on April 24, 2026, vest after one year, and expire on April 24, 2036, providing long-dated equity exposure linked to Agenus’s share performance.
Is the Agenus (AGEN) Form 4 transaction a stock purchase or sale?
The Form 4 reports a grant of stock options, not an open-market purchase or sale. Code A indicates a grant or award acquisition, meaning Corvese received options as compensation rather than trading existing Agenus shares in the market.
How many Agenus (AGEN) options does Brian Corvese hold after this grant?
Following the reported transaction, Corvese holds 210,000 stock options directly. The filing shows this as his total option position after the grant, giving him the right, once vested, to buy Agenus common shares at $3.90 per share.
When do Brian Corvese’s Agenus (AGEN) stock options vest and expire?
The stock options vest on the one-year anniversary of the April 24, 2026 grant date. They carry an expiration date of April 24, 2036, giving Corvese a ten-year window after grant to exercise the options once they are vested.