Was the Precigen (PGEN) insider sale a discretionary trade or tax-related?

The transaction was tax-related. The filing states the 29,131 shares were sold in a sell-to-cover transaction to satisfy tax withholding obligations that arose when restricted stock units vested on May 23, 2026, rather than as a purely discretionary open-market sale.

Precigen CLO sells stock to cover tax withholding

PRECIGEN, INC. reported an insider stock transaction by Chief Legal Officer Donald P. Lehr.

Filing Impact

(Moderate)

Filing Sentiment

(Negative)How Sentiment works

Sentiment and the balance of points

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Form Type

Rhea-AI Filing Summary

PRECIGEN, INC. reported an insider stock transaction by Chief Legal Officer Donald P. Lehr. On May 28, 2026, he sold 29,131 shares of common stock at $4.36 per share. According to the footnote, this was a sell-to-cover transaction to satisfy tax withholding obligations from restricted stock units that vested on May 23, 2026. After the sale, he continues to hold 755,461 shares of Precigen common stock directly.

Insider Trade Summary

Net Seller: 29,131 shares

Net Sell 1 txn

Insider Lehr Donald P.

Role Chief Legal Officer

Sold 29,131 shs ($127K)

Type	Security	Shares	Price	Value
Sale	Common Stock	29,131	$4.36	$127K

Holdings After Transaction: Common Stock — 755,461 shares (Direct)

Footnotes (1)

F1. Represents the number of shares of Precigen common stock sold pursuant to a sell-to-cover transaction to satisfy tax withholding obligations upon the vesting of restricted stock units on May 23, 2026.

Key Figures

Shares sold: 29,131 shares Sale price: $4.36 per share Shares held after transaction: 755,461 shares +2 more

5 metrics

Shares sold 29,131 shares Sell-to-cover transaction on May 28, 2026

Sale price $4.36 per share Open-market sale used for tax withholding

Shares held after transaction 755,461 shares Direct ownership by Donald P. Lehr after sale

Transaction date May 28, 2026 Date of common stock sale

RSU vesting date May 23, 2026 Restricted stock units vested, triggering tax withholding

Key Terms

sell-to-cover transaction, tax withholding obligations, restricted stock units, Common Stock

4 terms

sell-to-cover transaction financial

"Represents the number of shares of Precigen common stock sold pursuant to a sell-to-cover transaction to satisfy tax withholding obligations"

A sell-to-cover transaction is when a person granted company stock (for example as part of compensation or option exercise) immediately sells enough of those shares to pay required taxes or exercise costs and keeps the rest. Think of it like cashing part of a bonus to cover the tax bill; it provides necessary cash without the holder needing outside funds. Investors watch these sales because they increase trading volume and slightly reduce insider holdings, but they often reflect routine tax or cost management rather than a judgment on the company’s prospects.

tax withholding obligations financial

"sold pursuant to a sell-to-cover transaction to satisfy tax withholding obligations upon the vesting of restricted stock units"

restricted stock units financial

"tax withholding obligations upon the vesting of restricted stock units 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.

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Precigen (PGEN) report for Donald P. Lehr?

Precigen reported that Chief Legal Officer Donald P. Lehr sold 29,131 shares of common stock at $4.36 per share. The transaction was conducted as a sell-to-cover to satisfy tax withholding obligations tied to recently vested restricted stock units.

How many Precigen (PGEN) shares does Donald P. Lehr hold after the transaction?

After the transaction, Donald P. Lehr directly holds 755,461 shares of Precigen common stock. This figure reflects his remaining direct ownership following the 29,131-share sell-to-cover sale completed on May 28, 2026, to meet tax withholding obligations.

What price was received in the recent Precigen (PGEN) insider stock sale?

The reported sale price was $4.36 per share. Donald P. Lehr sold 29,131 shares of Precigen common stock at this price in a sell-to-cover transaction related to tax withholding from restricted stock unit vesting in May 2026.

What role does Donald P. Lehr hold at Precigen (PGEN) in this Form 4 filing?

In this Form 4, Donald P. Lehr is identified as Precigen’s Chief Legal Officer. His reported transaction involves a sell-to-cover sale of 29,131 common shares to satisfy tax withholding obligations on vested restricted stock units, while retaining 755,461 shares afterward.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/01/2026 - 04:26 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lehr Donald P.

(Last)

(First)

(Middle)

20374 SENECA MEADOWS PARKWAY

(Street)

GERMANTOWN

MARYLAND

20876

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PRECIGEN, INC. [ PGEN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/28/2026		S		29,131⁽¹⁾	D	$4.36	755,461	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents the number of shares of Precigen common stock sold pursuant to a sell-to-cover transaction to satisfy tax withholding obligations upon the vesting of restricted stock units on May 23, 2026.

	/s/ Donald P. Lehr	06/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR