Precigen (NASDAQ: PGEN) CFO sells 100,000 shares in 10b5-1 plan
Rhea-AI Filing Summary
PRECIGEN, INC. Chief Financial Officer Harry Thomasian Jr. sold 100,000 shares of common stock on July 31, 2026 at a weighted average price of $6.06 per share, with trades between $6.00 and $6.15, under a Rule 10b5-1 trading plan. After the sale, he directly holds 254,535 shares.
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Insider Trade Summary 10b5-1
Net Seller: 100,000 shares
Net Sell
1 txn
Insider
Thomasian Harry Jr.
Role
Chief Financial Officer
Sold
100,000 shs ($606K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 100,000 | $6.06 | $606K |
Holdings After Transaction:
Common Stock — 254,535 shares (Direct)
Footnotes (2)
- F1. Represents shares sold pursuant to the terms of a 10b5-1 plan adopted by the reporting person.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.00 to $6.15, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
Key Figures
Shares sold: 100000.0000 shares
Weighted average sale price: $6.0600 per share
Post-transaction holdings: 254535.0000 shares
+1 more
4 metrics
Shares sold
100000.0000 shares
Common stock sale by CFO on July 31, 2026
Weighted average sale price
$6.0600 per share
Average price for the 100,000 shares sold on July 31, 2026
Post-transaction holdings
254535.0000 shares
Common stock directly held by CFO after the reported sale
Sale price range
$6.00–$6.15 per share
Range of individual trade prices within the reported sale
Key Terms
Rule 10b5-1 plan, weighted average price, Sale in open market or private transaction
3 terms
Rule 10b5-1 plan financial
"Represents shares sold pursuant to the terms of a 10b5-1 plan adopted"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Sale in open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Precigen (PGEN) disclose in this Form 4?
Precigen reported that its CFO, Harry Thomasian Jr., sold 100,000 shares of common stock on July 31, 2026. The transaction was reported as a sale in an open market or private transaction under a Rule 10b5-1 trading plan.
Was the Precigen (PGEN) CFO’s sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the 100,000 shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. Such plans pre-arrange trades, which can limit the informational value of the transaction’s timing.
What type of security did the Precigen (PGEN) CFO sell in this transaction?
The transaction involved Common Stock of Precigen, Inc. The Form 4 identifies the security title as common stock, with 100,000 shares sold and 254,535 shares held directly by the CFO after completion of the sale.