Director at Precision BioSciences (DTIL) sees 21,000 RSUs vest into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PRECISION BIOSCIENCES INC director Stanley Frankel reported the vesting of equity awards, rather than an open-market trade. On May 20, 2026, 21,000 Restricted Stock Units (RSUs) converted into the same number of shares of common stock at an exercise price of $0.00 per share.
These RSUs were originally granted on June 3, 2025 and vested based on continued service and the timing of the company’s next annual stockholders’ meeting. Following this vesting event, Frankel directly holds 40,478 shares of Precision BioSciences common stock. The filing does not show any same-day sale of these shares, so this appears to be a routine compensation-related equity vesting and exercise.
Positive
- None.
Negative
- None.
Insider Trade Summary
21,000 shares exercised/converted
Mixed
2 txns
Insider
Frankel Stanley
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 21,000 | $0.00 | -- |
| Exercise | Common Stock | 21,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 40,478 shares (Direct, null)
Footnotes (1)
- Represents the vesting of Restricted Stock Units ("RSUs") on May 20, 2026. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. On June 3, 2025 the Reporting person was granted RSUs. The RSUs vested on the earlier to occur of (i) June 3, 2026 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 vested: 21,000 units
Common shares received: 21,000 shares
Exercise price: $0.00 per share
+2 more
5 metrics
RSUs vested
21,000 units
Restricted Stock Units converted into common stock on May 20, 2026
Common shares received
21,000 shares
Shares of common stock issued upon RSU vesting
Exercise price
$0.00 per share
Conversion of RSUs into common stock
Shares held after transaction
40,478 shares
Director’s direct holdings following May 20, 2026 vesting
RSU grant date
June 3, 2025
Original grant date of vested Restricted Stock Units
Key Terms
Restricted Stock Units, contingent right, annual meeting of stockholders, continued service
4 terms
Restricted Stock Units financial
"Represents the vesting of Restricted Stock Units ("RSUs") on May 20, 2026."
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Common Stock."
annual meeting of stockholders financial
"the day immediately prior to the Issuer's next annual meeting of stockholders following the grant date"
continued service financial
"subject to the Reporting Person's continued service to the Issuer through the applicable vesting date."
FAQ
What insider transaction did Precision BioSciences (DTIL) report for Stanley Frankel?
Precision BioSciences reported that director Stanley Frankel had 21,000 RSUs vest and convert into common stock. This is a compensation-related equity vesting, not an open-market purchase or sale of shares.
What are Stanley Frankel’s total Precision BioSciences (DTIL) holdings after this Form 4?
After the RSU vesting, Stanley Frankel directly holds 40,478 shares of Precision BioSciences common stock. This reflects his position following the conversion of 21,000 Restricted Stock Units into common shares on May 20, 2026.
When were the Precision BioSciences (DTIL) RSUs granted and when did they vest?
The RSUs were granted on June 3, 2025 and vested on May 20, 2026. Vesting occurred on the earlier of June 3, 2026 or the day before the company’s next annual stockholders’ meeting, subject to continued service.