December 29, 2023 · Form 4 insider transaction
ARMEN GARO H bought 23,453 shares of Agenus Inc. at $0.83 per share, a transaction worth $19.5K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 5 days after the transaction.
At his request and with the approval of the Agenus Inc. Compensation Committee, Garo H. Armen's salary is being paid in stock, in lieu of cash. The amount reported herein represents the net amount of Dr. Armen's salary for the pay period ending December 29, 2023. Such shares are issued in accordance with the Amended and Restated Agenus Inc. 2019 Equity Incentive Plan and are fully vested on the date of issuance.; $0.83 is the closing price of our Common Stock on December 29, 2023, the payroll date for the pay period ending December 29, 2023.