Precigen CLO Receives 125,000 Share Grant in Executive Compensation Plan
Donald P. Lehr, Chief Legal Officer of Precigen (PGEN), reported receiving 125,000 Restricted Stock Units (RSUs) on June 26, 2025.
Rhea-AI Filing Summary
Donald P. Lehr, Chief Legal Officer of Precigen (PGEN), reported receiving 125,000 Restricted Stock Units (RSUs) on June 26, 2025. Each RSU represents a contingent right to receive one share of Precigen common stock.
The RSUs follow a specific vesting schedule: 50% will vest on May 23, 2026, with the remaining portion vesting in equal monthly installments over the subsequent three years. The RSUs were granted at no cost ($0) to the executive.
This equity compensation grant aligns the legal officer's interests with shareholders through long-term vesting requirements. The transaction was reported via Form 4 within the required reporting timeframe, with the filing made on June 28, 2025.
Positive
- Chief Legal Officer received 125,000 RSUs with long-term vesting schedule (4 years), promoting retention and alignment with shareholder interests
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 125,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Precigen common stock.
- F2. The RSUs vest 50% on May 23, 2026 and in equal monthly installments for three years thereafter.
FAQ
How many Restricted Stock Units (RSUs) did PGEN's Chief Legal Officer Donald Lehr receive on June 26, 2025?
What is the vesting schedule for PGEN CLO Donald Lehr's new RSU grant?
What was the exercise price of PGEN's RSUs granted to Donald Lehr?
Who filed Form 4 for PGEN on June 28, 2025?
What is Donald Lehr's role at PGEN according to the Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.