Precigen (PGEN) COO Rutul Shah receives new RSU and stock option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PRECIGEN, INC. Chief Operating Officer Rutul R. Shah received new equity awards as part of his compensation. He was granted 118,000 restricted stock units, each representing the right to receive one share of Precigen common stock. He was also granted options on 395,000 shares of common stock at an exercise price of $4.11 per share.
The options vest 25% on May 23, 2027 and then in equal monthly installments for three years. The RSUs vest 25% on May 23, 2027 and then in equal six-month installments for three years, aligning his incentives with the company’s longer-term performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Shah Rutul R
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to Purchase Common Stock (Right to Buy) | 395,000 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 118,000 | $0.00 | -- |
Holdings After Transaction:
Option to Purchase Common Stock (Right to Buy) — 395,000 shares (Direct, null);
Restricted Stock Units — 118,000 shares (Direct, null)
Footnotes (1)
- The options vest 25% on May 23, 2027 and in equal monthly installments for three years thereafter. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Precigen common stock. The RSUs vest 25% on May 23, 2027 and in equal six-month installments for three years thereafter.
Key Figures
RSU grant size: 118,000 RSUs
Option grant size: 395,000 options
Option exercise price: $4.11 per share
+5 more
8 metrics
RSU grant size
118,000 RSUs
Grant of restricted stock units to COO on April 20, 2026
Option grant size
395,000 options
Options to purchase common stock granted April 20, 2026
Option exercise price
$4.11 per share
Exercise price for 395,000 stock options
Option vesting start
May 23, 2027
25% of options vest on this date
Option vesting pattern
Monthly over 3 years
Remaining options vest in equal monthly installments
RSU vesting start
May 23, 2027
25% of RSUs vest on this date
RSU vesting pattern
Every six months over 3 years
Remaining RSUs vest in equal six-month installments
Option expiration
April 20, 2036
Expiration date of stock options
Key Terms
Restricted Stock Units, contingent right, exercise price, equal monthly installments, +2 more
6 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
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.
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
exercise price financial
"conversion_or_exercise_price: "4.1100""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
equal monthly installments financial
"The options vest 25% on May 23, 2027 and in equal monthly installments"
equal six-month installments financial
"The RSUs vest 25% on May 23, 2027 and in equal six-month installments"
expiration date financial
"expiration_date: "2036-04-20T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What equity awards did Precigen (PGEN) COO Rutul Shah receive?
Rutul Shah received 118,000 restricted stock units and options on 395,000 shares of Precigen common stock. These awards are part of his compensation and are subject to multi-year vesting schedules tied to continued service.
What does each RSU granted to Precigen (PGEN) COO represent?
Each RSU represents a contingent right to receive one share of Precigen common stock. Shares are delivered only as the RSUs vest over time, linking compensation to ongoing tenure and company performance.
When do Rutul Shah’s Precigen (PGEN) stock options vest?
The stock options vest 25% on May 23, 2027, then in equal monthly installments for three years. This gradual vesting encourages long-term alignment between the Chief Operating Officer and Precigen shareholders.
When do the RSUs granted to Precigen (PGEN) COO begin vesting?
The RSUs vest 25% on May 23, 2027, then in equal six-month installments for three years. This structure spreads potential share delivery over several years, promoting retention and long-term focus.
What is the exercise price of Rutul Shah’s Precigen (PGEN) stock options?
The granted stock options have an exercise price of $4.11 per share. Shah can purchase Precigen common stock at this price once options vest, potentially benefiting if the market price exceeds this level.