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[Form 4] Precigen, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Precigen Chief Commercial Officer Phil Tennant received a significant equity compensation award on June 26, 2025, consisting of 125,000 Restricted Stock Units (RSUs). Each RSU represents the right to receive one share of Precigen common stock upon vesting.

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 grant was awarded at $0 exercise price, as is typical for RSU compensation.

This Form 4 filing, submitted by Tennant's attorney-in-fact Donald P. Lehr, reflects standard executive compensation practices and aligns the executive's interests with long-term shareholder value through the extended vesting period.

Il Chief Commercial Officer di Precigen, Phil Tennant, ha ricevuto un importante premio in azioni il 26 giugno 2025, consistente in 125.000 Restricted Stock Units (RSU). Ogni RSU rappresenta il diritto a ricevere una azione ordinaria di Precigen al momento della maturazione.

Le RSU seguono un piano di maturazione specifico: il 50% maturerà il 23 maggio 2026, mentre la restante parte maturerà in rate mensili uguali nei tre anni successivi. La concessione è stata fatta con un prezzo di esercizio pari a 0$, come è consueto per le RSU.

Questa comunicazione Form 4, presentata dall’avvocato di fiducia di Tennant, Donald P. Lehr, riflette le pratiche standard di compensazione per dirigenti e allinea gli interessi del dirigente con il valore a lungo termine per gli azionisti grazie al periodo di maturazione esteso.

El Director Comercial de Precigen, Phil Tennant, recibió una importante compensación en acciones el 26 de junio de 2025, consistente en 125,000 Unidades de Acciones Restringidas (RSU). Cada RSU representa el derecho a recibir una acción ordinaria de Precigen al momento de la consolidación.

Las RSU siguen un calendario específico de consolidación: el 50% se consolidará el 23 de mayo de 2026, y el resto se consolidará en cuotas mensuales iguales durante los siguientes tres años. La asignación se otorgó con un precio de ejercicio de 0$, como es habitual en la compensación con RSU.

Esta presentación del Formulario 4, realizada por el apoderado legal de Tennant, Donald P. Lehr, refleja prácticas estándar de compensación ejecutiva y alinea los intereses del ejecutivo con el valor a largo plazo para los accionistas mediante el período de consolidación prolongado.

Precigen의 최고 상업 책임자 필 테넌트는 2025년 6월 26일에 125,000개의 제한 주식 단위(RSU)로 구성된 상당한 주식 보상 수여를 받았습니다. 각 RSU는 베스팅 시 Precigen 보통주 1주를 받을 권리를 의미합니다.

RSU는 특정 베스팅 일정에 따라 진행됩니다: 50%는 2026년 5월 23일에 베스팅되며, 나머지 부분은 이후 3년간 매달 균등하게 베스팅됩니다. 이 수여는 RSU 보상에 일반적인 0달러 행사가격으로 이루어졌습니다.

이 Form 4 제출은 테넌트의 법적 대리인인 도널드 P. 레어가 제출했으며, 표준 임원 보상 관행을 반영하고 장기 베스팅 기간을 통해 임원의 이익을 주주 장기 가치와 일치시키고 있습니다.

Phil Tennant, Directeur Commercial de Precigen, a reçu une importante attribution de rémunération en actions le 26 juin 2025, consistant en 125 000 unités d’actions restreintes (RSU). Chaque RSU donne droit à une action ordinaire de Precigen lors de l’acquisition des droits.

Les RSU suivent un calendrier d’acquisition spécifique : 50 % seront acquis le 23 mai 2026, le reste étant acquis par versements mensuels égaux sur les trois années suivantes. Cette attribution a été faite à un prix d’exercice de 0 $, ce qui est habituel pour ce type de rémunération.

Ce dépôt du formulaire 4, soumis par le mandataire de Tennant, Donald P. Lehr, reflète les pratiques standard de rémunération des cadres et aligne les intérêts de l’exécutif avec la création de valeur à long terme pour les actionnaires grâce à la période d’acquisition prolongée.

Phil Tennant, Chief Commercial Officer von Precigen, erhielt am 26. Juni 2025 eine bedeutende Aktienvergütung in Form von 125.000 Restricted Stock Units (RSUs). Jede RSU berechtigt zum Erhalt einer Stammaktie von Precigen nach der Vesting-Periode.

Die RSUs folgen einem spezifischen Vesting-Plan: 50 % werden am 23. Mai 2026 vesten, der Rest wird in gleichen monatlichen Raten über die folgenden drei Jahre vesten. Die Zuteilung erfolgte zu einem Ausübungspreis von 0 $, wie es bei RSU-Vergütungen üblich ist.

Diese Form 4-Meldung, eingereicht vom Bevollmächtigten Tennants, Donald P. Lehr, entspricht den üblichen Vergütungspraktiken für Führungskräfte und verbindet die Interessen des Geschäftsführers durch die verlängerte Vesting-Periode mit dem langfristigen Wert für die Aktionäre.

Positive
  • Chief Commercial Officer received 125,000 RSUs with long-term vesting schedule (4 years), promoting retention and alignment with shareholder interests
Negative
  • None.

Il Chief Commercial Officer di Precigen, Phil Tennant, ha ricevuto un importante premio in azioni il 26 giugno 2025, consistente in 125.000 Restricted Stock Units (RSU). Ogni RSU rappresenta il diritto a ricevere una azione ordinaria di Precigen al momento della maturazione.

Le RSU seguono un piano di maturazione specifico: il 50% maturerà il 23 maggio 2026, mentre la restante parte maturerà in rate mensili uguali nei tre anni successivi. La concessione è stata fatta con un prezzo di esercizio pari a 0$, come è consueto per le RSU.

Questa comunicazione Form 4, presentata dall’avvocato di fiducia di Tennant, Donald P. Lehr, riflette le pratiche standard di compensazione per dirigenti e allinea gli interessi del dirigente con il valore a lungo termine per gli azionisti grazie al periodo di maturazione esteso.

El Director Comercial de Precigen, Phil Tennant, recibió una importante compensación en acciones el 26 de junio de 2025, consistente en 125,000 Unidades de Acciones Restringidas (RSU). Cada RSU representa el derecho a recibir una acción ordinaria de Precigen al momento de la consolidación.

Las RSU siguen un calendario específico de consolidación: el 50% se consolidará el 23 de mayo de 2026, y el resto se consolidará en cuotas mensuales iguales durante los siguientes tres años. La asignación se otorgó con un precio de ejercicio de 0$, como es habitual en la compensación con RSU.

Esta presentación del Formulario 4, realizada por el apoderado legal de Tennant, Donald P. Lehr, refleja prácticas estándar de compensación ejecutiva y alinea los intereses del ejecutivo con el valor a largo plazo para los accionistas mediante el período de consolidación prolongado.

Precigen의 최고 상업 책임자 필 테넌트는 2025년 6월 26일에 125,000개의 제한 주식 단위(RSU)로 구성된 상당한 주식 보상 수여를 받았습니다. 각 RSU는 베스팅 시 Precigen 보통주 1주를 받을 권리를 의미합니다.

RSU는 특정 베스팅 일정에 따라 진행됩니다: 50%는 2026년 5월 23일에 베스팅되며, 나머지 부분은 이후 3년간 매달 균등하게 베스팅됩니다. 이 수여는 RSU 보상에 일반적인 0달러 행사가격으로 이루어졌습니다.

이 Form 4 제출은 테넌트의 법적 대리인인 도널드 P. 레어가 제출했으며, 표준 임원 보상 관행을 반영하고 장기 베스팅 기간을 통해 임원의 이익을 주주 장기 가치와 일치시키고 있습니다.

Phil Tennant, Directeur Commercial de Precigen, a reçu une importante attribution de rémunération en actions le 26 juin 2025, consistant en 125 000 unités d’actions restreintes (RSU). Chaque RSU donne droit à une action ordinaire de Precigen lors de l’acquisition des droits.

Les RSU suivent un calendrier d’acquisition spécifique : 50 % seront acquis le 23 mai 2026, le reste étant acquis par versements mensuels égaux sur les trois années suivantes. Cette attribution a été faite à un prix d’exercice de 0 $, ce qui est habituel pour ce type de rémunération.

Ce dépôt du formulaire 4, soumis par le mandataire de Tennant, Donald P. Lehr, reflète les pratiques standard de rémunération des cadres et aligne les intérêts de l’exécutif avec la création de valeur à long terme pour les actionnaires grâce à la période d’acquisition prolongée.

Phil Tennant, Chief Commercial Officer von Precigen, erhielt am 26. Juni 2025 eine bedeutende Aktienvergütung in Form von 125.000 Restricted Stock Units (RSUs). Jede RSU berechtigt zum Erhalt einer Stammaktie von Precigen nach der Vesting-Periode.

Die RSUs folgen einem spezifischen Vesting-Plan: 50 % werden am 23. Mai 2026 vesten, der Rest wird in gleichen monatlichen Raten über die folgenden drei Jahre vesten. Die Zuteilung erfolgte zu einem Ausübungspreis von 0 $, wie es bei RSU-Vergütungen üblich ist.

Diese Form 4-Meldung, eingereicht vom Bevollmächtigten Tennants, Donald P. Lehr, entspricht den üblichen Vergütungspraktiken für Führungskräfte und verbindet die Interessen des Geschäftsführers durch die verlängerte Vesting-Periode mit dem langfristigen Wert für die Aktionäre.

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
Estimated average burden
hours per response: 0.5
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*
Tennant Phil

(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 Commercial Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/26/2025
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
Restricted Stock Units (1) 06/26/2025 A 125,000 (2) (2) Common Stock 125,000 $0 125,000 D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Precigen common stock.
2. The RSUs vest 50% on May 23, 2026 and in equal monthly installments for three years thereafter.
/s/ Phil Tennant, by Donald P. Lehr, as attorney-in-fact 06/27/2025
** 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

How many Restricted Stock Units (RSUs) did PGEN's Chief Commercial Officer receive on June 26, 2025?

PGEN's Chief Commercial Officer Phil Tennant received 125,000 Restricted Stock Units (RSUs) on June 26, 2025. Each RSU represents a contingent right to receive one share of Precigen common stock.

What is the vesting schedule for PGEN CCO's new RSU grant?

The RSUs granted to PGEN's CCO will vest 50% on May 23, 2026, with the remaining 50% vesting in equal monthly installments over the following three years.

Who is Phil Tennant at PGEN and what was his insider transaction?

Phil Tennant is the Chief Commercial Officer of Precigen (PGEN). He was granted 125,000 RSUs on June 26, 2025, as reported in this Form 4 filing. The RSUs were acquired at a price of $0.

What is PGEN insider Phil Tennant's business address?

Phil Tennant's business address as listed on the Form 4 is 20374 Seneca Meadows Parkway, Germantown, MD 20876.
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