Precigen COO sells 50K shares after option exercise
Rhea-AI Filing Summary
PRECIGEN, INC. (PGEN) reported that Chief Operating Officer Rutul R. Shah exercised stock options and RSUs and sold common shares. On August 21 and 25, 2026, he exercised options for a total of 50,000 shares at $2.33 per share and sold 50,000 shares at $7.50 per share pursuant to a Rule 10b5-1 trading plan. On August 23, 2026, 7,500 RSUs converted into common stock, and 3,647 shares were withheld to satisfy tax obligations, leaving 57,292 RSUs outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
9 txns
Insider
Shah Rutul R
Role
Chief Operating Officer
Sold
50,000 shs ($375K)
Approx. gross sale proceeds
$375K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option to Purchase Common Stock (Right to Buy) F4 | 15,342 | $0.00 | $0.00 |
| Exercise | Common Stock | 15,342 | $2.33 | $36K |
| Sale | Common Stock F1 | 15,342 | $7.50 | $115K |
| Exercise | Restricted Stock Units F2, F5 | 7,500 | $0.00 | $0.00 |
| Exercise | Common Stock F2 | 7,500 | -- | -- |
| Tax Withholding | Common Stock F3 | 3,647 | $7.20 | $26K |
| Exercise | Option to Purchase Common Stock (Right to Buy) F4 | 34,658 | $0.00 | $0.00 |
| Exercise | Common Stock | 34,658 | $2.33 | $81K |
| Sale | Common Stock F1 | 34,658 | $7.50 | $260K |
Holdings After Transaction:
Restricted Stock Units — 57,292 shares (Direct);
Option to Purchase Common Stock (Right to Buy) — 73,304 shares (Direct);
Common Stock — 468,865 shares (Direct)
Footnotes (5)
- F1. Represents shares sold pursuant to the terms of a 10b5-1 plan adopted by the reporting person.
- F2. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Precigen common stock.
- F3. Represents the number of shares of Precigen common stock withheld by the Issuer to satisfy income tax withholding obligations in connection with the settlement of the RSUs.
- F4. The stock options are fully vested.
- F5. Represents 1/24 of the RSUs granted on June 26, 2025 that vested on August 23, 2026.
Key Figures
Shares sold: 50,000 shares
Sale price: $7.50 per share
Option exercise price: $2.33 per share
+4 more
7 metrics
Shares sold
50,000 shares
Total PRECIGEN common shares sold on August 21 and 25, 2026
Sale price
$7.50 per share
Price for 34,658 shares on August 21, 2026 and 15,342 shares on August 25, 2026
Option exercise price
$2.33 per share
Exercise price for 34,658 and 15,342 option shares converted to common stock
Options exercised
50,000 shares
Total PRECIGEN common shares acquired through option exercises in August 2026
RSUs converted
7,500 RSUs
RSUs converting into PRECIGEN common stock on August 23, 2026
Shares withheld for taxes
3,647 shares
Common shares withheld at $7.20 per share for RSU-related tax obligations
RSUs outstanding after transaction
57,292 RSUs
Restricted Stock Units reported as beneficially owned following the August 23, 2026 vesting
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Units, exercise or conversion of derivative security, income tax withholding obligations, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"shares sold pursuant to the terms of a 10b5-1 plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right"
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.
exercise or conversion of derivative security financial
"transaction code "M" described as Exercise or conversion of derivative security"
income tax withholding obligations financial
"shares of Precigen common stock withheld by the Issuer to satisfy income tax withholding"
fully vested financial
"The stock options are fully vested."
FAQ
What transactions did PGEN’s COO Rutul R. Shah report in this Form 4?
Rutul R. Shah reported exercising options for 50,000 shares of PRECIGEN common stock at $2.33 per share, selling 50,000 shares at $7.50 per share under a trading plan, vesting of 7,500 RSUs, and a tax withholding of 3,647 shares.
What option exercises did Rutul R. Shah report for PGEN stock?
He exercised stock options to acquire 34,658 shares and 15,342 shares of PRECIGEN common stock on August 21 and 25, 2026, respectively, each with an exercise price of $2.33 per share. A footnote notes that these stock options are fully vested.
What RSU activity did PGEN disclose for Rutul R. Shah in this filing?
On August 23, 2026, 7,500 Restricted Stock Units converted into an equal number of PRECIGEN common shares. The RSUs represent part of a grant from June 26, 2025, with 1/24 of that grant vesting on that date, leaving 57,292 RSUs reported outstanding.
AI-generated analysis. How Rhea-AI works. Not financial advice.
