Precision Bio director granted 20,979 RSUs
Frankel Stanley reported acquisition or exercise transactions in this Form 4 filing.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Frankel Stanley reported acquisition or exercise transactions in this Form 4 filing.
PRECISION BIOSCIENCES INC director Stanley Frankel received a grant of 20,979 restricted stock units. Each RSU represents a contingent right to one share of common stock. The RSUs vest on the earlier of June 3, 2027 or the day before the next annual stockholder meeting, subject to his continued service.
Insider Trade Summary
Grant/Award: 20,979 shares
Grant/Award
1 txn
Insider
Frankel Stanley
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 20,979 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 20,979 contracts (Direct)
Holdings Before and After:
Restricted Stock Units, 0 to 20,979 contracts (Direct)
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
- F2. The RSUs vest on the earlier to occur of (i) June 3, 2027 and (ii) the day immediately prior to the Issuer's next annual meeting of stockholders following the grant date, in either case, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.
Key Figures
RSUs granted: 20,979 units
Underlying shares: 20,979 shares
Shares following transaction: 20,979 units
+1 more
4 metrics
RSUs granted
20,979 units
Restricted stock units granted to director on June 3, 2026
Underlying shares
20,979 shares
Common stock underlying RSUs
Shares following transaction
20,979 units
Total RSUs held after grant
Vesting latest date
June 3, 2027
Latest possible vesting date for RSUs
Key Terms
Restricted Stock Units, RSU, vesting, annual meeting of stockholders
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSU financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
vesting financial
"The RSUs vest on the earlier to occur of (i) June 3, 2027 and (ii) the day immediately prior"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
annual meeting of stockholders financial
"the day immediately prior to the Issuer's next annual meeting of stockholders following the grant date"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Precision Bio (DTIL) director Stanley Frankel report on this Form 4?
Director Stanley Frankel reported receiving 20,979 restricted stock units as compensation. These RSUs represent rights to receive an equal number of Precision Bio common shares, giving him additional long-term equity exposure tied to the company’s future performance.
How many RSUs did Stanley Frankel receive from Precision Bio (DTIL)?
Stanley Frankel received 20,979 restricted stock units. Each RSU corresponds to one share of common stock, so this award provides potential ownership of 20,979 shares if vesting conditions are met and the units ultimately settle in stock.
When do the new RSUs for Precision Bio (DTIL) director Stanley Frankel vest?
The RSUs vest on the earlier of June 3, 2027 or the day immediately prior to Precision Bio’s next annual stockholder meeting. Vesting is conditioned on Frankel’s continued service to the company through the applicable vesting date.
What does each RSU granted to Precision Bio (DTIL) director represent?
Each restricted stock unit represents a contingent right to receive one share of Precision Bio common stock. This means Frankel only receives actual shares if the RSUs vest under the stated service-based conditions and are then settled in stock.
Is the Form 4 for Precision Bio (DTIL) a stock purchase or sale by Stanley Frankel?
The Form 4 reflects an award of restricted stock units, not an open-market purchase or sale. The transaction is coded as a grant or other acquisition of derivatives, representing compensation rather than a discretionary trade in existing Precision Bio shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
