---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-088502"
form_type: "8-K"
ticker: "AGEN"
cik: "0001098972"
company_name: "AGENUS INC"
filed_at: "2025-06-20T23:59:59+00:00"
generated_at: "2026-05-19T00:48:45.210111+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.4
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Agenus shareholders reject one-time option exchange and say-on-pay at annual meeting

## Summary
- Directors Corvese and Wright elected with ~5.99M and ~6.86M for votes respectively.
- Equity plan increases approved: EIP from 5.05M to 12.05M shares; other plans also raised.
- Proposal 5 (option exchange) not approved: 4.87M for, 5.82M against, 5.89M broker non-votes.
- Proposal 6 (say-on-pay) not approved: 5.16M for, 5.18M against, 0.47M abstain.
- KPMG ratification passed with 13.62M for versus 2.87M against.

## SEC filing metadata
- accession: 0000950170-25-088502
- form_type: 8-K
- ticker: AGEN
- cik: 0001098972
- company_name: AGENUS INC
- filed_at: 2025-06-20T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.4
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1098972/000095017025088502/0000950170-25-088502-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1098972/000095017025088502/agen-20250617.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-088502
- JSON: https://secwatch.observer/filing/0000950170-25-088502.json
- Plain text: https://secwatch.observer/filing/0000950170-25-088502.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.