{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-347518","form_type":"8-K","ticker":"AGEN","cik":"0001098972","company_name":"AGENUS INC","filed_at":"2026-08-13T01:30:17+00:00","discovered_at":"2026-08-13T10:10:00.281656+00:00","generated_at":"2026-08-13T10:10:37.767794+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Agenus grants CEO Garo Armen 1.97M performance stock options at $7.78 premium exercise price","bullets":["Compensation Committee approved 1,971,500 performance-based stock options for CEO Garo Armen on Aug 10, 2026.","Exercise price set at $7.78/share, above Aug 10 closing price; CEO requested not to price below team's Aug 5 grant.","Options vest in 5 tranches at 3x, 4x, 5x, 6x, 8x of $7.78, sustained 30 days over 5-year period, min 3-year service.","Unvested options forfeited on termination; no acceleration; one-year post-exercise holding requirement; subject to clawback."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-347518","json":"https://secwatch.observer/filing/0001193125-26-347518.json","markdown":"https://secwatch.observer/filing/0001193125-26-347518.md","text":"https://secwatch.observer/filing/0001193125-26-347518.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1098972/000119312526347518/0001193125-26-347518-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1098972/000119312526347518/agen-20260810.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-13T10:10:37.767794+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}