[Form 4] PRECIGEN, INC. Insider Trading Activity

Rhea-AI Filing Summary

Rutul R. Shah, Chief Operating Officer of Precigen, Inc. (PGEN), reported the vesting of 125,000 performance stock units on 09/12/2025. The filing shows these units are the second installment of PSUs originally granted on August 28, 2024 and vested upon achievement of the applicable performance condition for that installment. Each PSU is payable in one share of common stock or a cash equivalent. Following the reported transaction the filing lists 125,000 shares beneficially owned as a direct holding. The Form 4 is signed on behalf of Mr. Shah by an attorney-in-fact on 09/16/2025.

Positive

• Performance-based vesting: The PSUs vested upon achievement of the applicable performance condition, indicating goals were met for the installment.
• Transparent disclosure: The Form 4 explicitly states grant date, installment, vesting date, and resulting direct beneficial ownership of 125,000 shares.
• Settlement flexibility: Each PSU is payable in common stock or a cash equivalent, offering clarity on award mechanics.

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Insider compensation granted as performance stock units vested after meeting performance criteria; disclosure is routine and transparent.

The Form 4 discloses the vesting of 125,000 performance stock units for the COO, which were granted on August 28, 2024 and vested as the second installment upon satisfaction of a specified performance condition. The filing clearly states the units may be settled in shares or cash, and records the resulting direct beneficial ownership of 125,000 shares. This is a standard executive compensation disclosure and provides investors transparent reporting of insider holdings and realizations tied to performance metrics.

Compensation Analyst

TL;DR: The PSU payout confirms target performance achievement for the second installment; settlement flexibility is noted.

The document identifies the nature of the award as performance stock units and confirms vesting of the second installment based on achievement of the relevant performance condition. The filing specifies that each PSU is payable in one share or a cash equivalent, which affects how the award may be settled but does not disclose the settlement choice. The reporting follows Section 16 requirements and records the post-transaction direct ownership of 125,000 shares.

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
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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).

1. Name and Address of Reporting Person^*

Shah Rutul R

(Last) (First) (Middle)

20374 SENECA MEADOWS PARKWAY

(Street)

GERMANTOWN MD 20876

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
09/12/2025

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

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
Performance Stock Units	(1)(2)	09/12/2025		A		125,000		(1)(2)	(1)(2)	Common Stock	125,000	$0	125,000	D

Explanation of Responses:

1. Represents the vesting of the second installment of performance stock units ("PSUs") originally granted on August 28, 2024 based on the achievement of the applicable performance condition for such installment.

2. Each PSU is payable in a share of the Issuer's common stock or in a cash amount having an equivalent value.

	/s/ Rutul R. Shah, by Donald P. Lehr, as attorney-in-fact	09/16/2025
	** 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.

FAQ

What did Precigen (PGEN) report for Rutul R. Shah on this Form 4?

Answer: The Form 4 reports the vesting of 125,000 performance stock units by Rutul R. Shah on 09/12/2025, resulting in 125,000 shares beneficially owned directly.

When were the PSUs originally granted to the reporting person?

Answer: The PSUs were originally granted on August 28, 2024, and the filing states the reported units are the second installment of that grant.

How can the vested PSUs be settled according to the filing?

Answer: Each PSU is payable in one share of the issuer's common stock or in a cash amount having an equivalent value, per the filing explanation.

What is the transaction date and the filing signature date on the Form 4?

Answer: The transaction date is 09/12/2025 and the Form 4 is signed by attorney-in-fact for Rutul R. Shah on 09/16/2025.

What position does Rutul R. Shah hold at Precigen?

Answer: The filing lists Rutul R. Shah as Chief Operating Officer of Precigen, Inc.