Precigen (PGEN) COO converts 90,000 RSUs to common shares in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PRECIGEN, INC. Chief Operating Officer Rutul R. Shah exercised 90,000 restricted stock units into common stock as part of his equity compensation. Following the transaction, he directly holds 540,454 shares of common stock and 90,000 RSUs. The footnotes state that these RSUs were part of a June 26, 2025 grant, with 50% vesting on May 23, 2026 and the remainder scheduled to vest in equal quarterly installments over three years. No open-market purchases or sales were reported; this activity reflects routine vesting and conversion of equity awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
90,000 shares exercised/converted
Mixed
2 txns
Insider
Shah Rutul R
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 90,000 | $0.00 | -- |
| Exercise | Common Stock | 90,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 90,000 shares (Direct, null);
Common Stock — 540,454 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of Precigen common stock. Represents 50% of the RSUs granted on June 26, 2025 that vested on May 23, 2026. The remaining RSUs will vest in equal quarterly installments for three years thereafter.
Key Figures
RSUs exercised: 90,000 units
Shares held after: 540,454 shares
RSUs remaining: 90,000 units
+1 more
4 metrics
RSUs exercised
90,000 units
Restricted Stock Units converted to common stock on May 23, 2026
Shares held after
540,454 shares
Common stock directly owned by COO after transaction
RSUs remaining
90,000 units
Restricted stock units outstanding following the reported transaction
Vesting schedule
3 years
Remaining RSUs vest in equal quarterly installments over three years
Key Terms
Restricted Stock Units, derivative security, vesting, contingent right
4 terms
Restricted Stock Units financial
"Represents 50% of the RSUs granted on June 26, 2025 that vested on May 23, 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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting financial
"The remaining RSUs will vest in equal quarterly installments for three years thereafter."
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.
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of Precigen common stock."
