Director Melinda Brown receives 21,000 DTIL shares as RSUs vest (DTIL)
Rhea-AI Filing Summary
PRECISION BIOSCIENCES INC director Melinda Brown acquired 21,000 shares of Common Stock through RSU vesting. On May 20, 2026, 21,000 Restricted Stock Units converted into the same number of common shares at a price of $0.00 per share, reflecting equity compensation rather than a market purchase.
Each RSU provided a contingent right to receive one share of common stock, based on an award granted on June 3, 2025. Following this vesting event, Brown directly holds 44,346 common shares. No shares were sold, gifted, or withheld for taxes in this filing.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting grants shares to a director with no sales activity.
Director Melinda Brown had 21,000 Restricted Stock Units vest into 21,000 shares of PRECISION BIOSCIENCES INC common stock on May 20, 2026. The exercise price of $0.00 and matching RSU and share counts confirm this is standard equity compensation.
The award was granted on June 3, 2025 and vested upon the earlier of a one-year anniversary or the next annual stockholder meeting, subject to continued service. After the vesting, Brown holds 44,346 shares directly, with no remaining RSUs shown. The absence of sales or tax-withholding transactions suggests a straightforward, neutral event for shareholders.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 21,000 | $0.00 | -- |
| Exercise | Common Stock | 21,000 | $0.00 | -- |
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.