Randal Kirk (PGEN) reports new Precigen equity awards and large indirect stake

Rhea-AI Filing Summary

PRECIGEN, INC. director and greater-than-10% owner Randal J. Kirk reported compensation-related equity awards and updated indirect holdings. On 2026-03-10, an entity he controls, R.J. Kirk Declaration of Trust, received 71,225 restricted stock units, each representing one share of common stock that vests on the one-year anniversary of grant if he continues providing services.

The same trust was also granted 82,147 stock options for common stock at an exercise price of $3.51 per share, expiring on 2036-03-10, and 28,490 shares of common stock at $3.51 per share, bringing its indirect common stock holdings to 81,638,138 shares.

The filing also lists indirect common stock positions held through multiple entities Mr. Kirk controls, including JPK 2008 LLC with 477,492 shares, JPK 2009 LLC with 3,609,057 shares, JPK 2012 LLC with 1,615,634 shares, MGK 2008 LLC with 476,529 shares, MGK 2009 LLC with 3,785,116 shares, MGK 2011 LLC with 1,594,338 shares, ZSK 2008 LLC with 566,162 shares, ZSK 2009 LLC with 341,189 shares, Kellie L. Banks (2009) Long Term Trust with 447,773 shares, Kapital Joe, LLC with 4,598,044 shares, Lotus Capital (2000) Company, Inc. with 1,403 shares, Third Security, LLC with 6,085,471 shares, Parkview 2020 Limited Partnership with 1,096,686 shares, Sunset 2020 LLC with 14,597,161 shares, and shares held by his spouse totaling 1,144,481 shares. The footnotes state Mr. Kirk controls these entities and that shares held by them may be deemed beneficially owned by him, while he disclaims beneficial ownership except to the extent of any pecuniary interest.

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

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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^*

KIRK RANDAL J

(Last) (First) (Middle)

C/O THIRD SECURITY, LLC

1881 GROVE AVENUE

(Street)

RADFORD VA 24141

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/10/2026		A		28,490	A	$3.51	81,638,138	I	by. R.J. Kirk DOT(1)
Common Stock								477,492	I	by JPK 2008(1)
Common Stock								3,609,057	I	by JPK 2009(1)
Common Stock								1,615,634	I	by JPK 2012(1)
Common Stock								476,529	I	by MGK 2008(1)
Common Stock								3,785,116	I	by MGK 2009(1)
Common Stock								1,594,338	I	by MGK 2011(1)
Common Stock								566,162	I	by ZSK 2008(1)
Common Stock								341,189	I	by ZSK 2009(1)
Common Stock								447,773	I	by Kellie L. Banks LTT(1)
Common Stock								4,598,044	I	by Kapital Joe(1)
Common Stock								1,403	I	by Lotus(1)
Common Stock								6,085,471	I	by Third Security(1)
Common Stock								1,096,686	I	by Parkview 2020(1)
Common Stock								14,597,161	I	by Sunset 2020(1)
Common Stock								1,144,481	I	by Spouse

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	03/10/2026		A		71,225		(2)	(2)	Common Stock	71,225	$0	71,225	I	by R.J. Kirk DOT(1)
Option to Purchase Common Stock (Right to Buy)	$3.51	03/10/2026		A		82,147		03/10/2026	03/10/2036	Common Stock	82,147	$0	82,147	I	by R.J. Kirk DOT(1)

Explanation of Responses:

1. Randal J. Kirk controls each of R.J. Kirk Declaration of Trust ("R.J. Kirk DOT"), JPK 2008 LLC ("JPK 2008"), JPK 2009 LLC ("JPK 2009"), JPK 2012 LLC ("JPK 2012"), MGK 2008 LLC ("MGK 2008"), MGK 2009 LLC ("MGK 2009"), MGK 2011 LLC ("MGK 2011"), ZSK 2008 LLC ("ZSK 2008"), ZSK 2009 LLC ("ZSK 2009"), Kellie L. Banks (2009) Long Term Trust ("Kellie L. Banks LTT"), Kapital Joe, LLC ("Kapital Joe"), Lotus Capital (2000) Company, Inc. ("Lotus"), Third Security, LLC ("Third Security"), Parkview 2020 Limited Partnership ("Parkview 2020") and Sunset 2020 LLC ("Sunset 2020"). Shares held by these entities may be deemed to be beneficially owned (as defined under Rule 13d-3 promulgated under the Securities Exchange Act of 1934, as amended) by Mr. Kirk. Mr. Kirk disclaims beneficial ownership of such shares, except to the extent of any pecuniary interest therein.

2. Each restricted stock unit (i) represents a contingent right to receive one (1) share of issuer common stock and (ii) shall vest on the one-year anniversary of the date of grant, subject to Mr. Kirk continuously providing services to the issuer or an affiliate from the date of grant until such time.

Remarks:

	/s/ Randal J. Kirk	03/12/2026
	** 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.
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FAQ

What insider transactions did Randal J. Kirk report for PRECIGEN (PGEN)?

Randal J. Kirk reported equity awards and updated indirect holdings. An entity he controls received 71,225 restricted stock units, 82,147 stock options at $3.51, and 28,490 common shares at $3.51, all dated March 10, 2026, reflecting compensation-related grants rather than open-market trades.

How many PRECIGEN shares are held by R.J. Kirk Declaration of Trust?

R.J. Kirk Declaration of Trust is reported holding 81,638,138 PRECIGEN common shares indirectly. On March 10, 2026, it also received 71,225 restricted stock units and 82,147 options, plus 28,490 common shares at $3.51, all tied to Randal J. Kirk’s service to the company.

What are the terms of Randal J. Kirk’s new restricted stock units in PRECIGEN?

Each restricted stock unit represents a right to receive one PRECIGEN common share. The 71,225 units vest on the one-year anniversary of the March 10, 2026 grant date, provided Randal J. Kirk continues to provide services to PRECIGEN or an affiliate through that vesting date.

What stock options were granted to an entity controlled by Randal J. Kirk at PRECIGEN?

An entity controlled by Randal J. Kirk received 82,147 options to purchase PRECIGEN common stock. These options have an exercise price of $3.51 per share, an exercise date of March 10, 2026, and expire on March 10, 2036, reflecting long-dated, service-related compensation.

How extensive are Randal J. Kirk’s indirect PRECIGEN holdings through related entities?

The filing lists significant indirect holdings across multiple entities he controls, including millions of PRECIGEN shares in JPK, MGK, ZSK vehicles, Third Security, Kapital Joe, Sunset 2020 and others. Footnotes state these shares may be deemed beneficially owned, though he disclaims ownership beyond any pecuniary interest.

Does the PRECIGEN Form 4 show any insider stock sales by Randal J. Kirk?

The Form 4 reports award-related acquisitions of restricted stock units, stock options, and common shares, along with updated indirect holdings, but no open-market sales. Transactions are coded as grants or awards, indicating compensation arrangements rather than discretionary buying or selling activity in the market.