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[Form 4] PRECIGEN, INC. Insider Trading Activity

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

Donald P. Lehr, Chief Legal Officer of Precigen, Inc. (PGEN), reported the vesting of 54,000 performance stock units (PSUs) on 09/12/2025. The filing shows those PSUs converted into 54,000 shares of the issuer's common stock (or an equivalent cash amount) at a reported price of $0, resulting in direct beneficial ownership of 54,000 shares following the transaction. The PSUs represent the second installment of an award originally granted on August 28, 2024 and vested based on achievement of the applicable performance condition for that installment. The form is signed by Mr. Lehr on 09/16/2025.

Positive
  • Vesting confirmed: 54,000 PSUs vested on 09/12/2025 and were recorded as 54,000 shares of common stock.
  • Direct ownership recorded: The reporting person holds the 54,000 shares directly after the vesting.
  • Performance-based award: The PSUs vested based on achievement of stated performance conditions from the August 28, 2024 grant.
  • Cash alternative disclosed: Each PSU is payable in stock or a cash amount of equivalent value.
Negative
  • None.

Insights

TL;DR: Routine executive compensation vesting; documents alignment of pay with performance metrics.

The Form 4 documents the scheduled vesting of performance stock units previously granted to the Chief Legal Officer, converting 54,000 PSUs into common stock (or cash equivalent). This is a standard disclosure showing executive compensation outcomes tied to pre-established performance conditions from the August 28, 2024 grant. The transaction is reported as direct ownership and follows Section 16 reporting requirements; there is no indication in the filing of unusual acceleration, sale, or derivative transactions.

TL;DR: Non-market transaction reflecting compensation vesting; limited immediate market impact disclosed.

The filing indicates 54,000 shares were issued upon vesting of PSUs on 09/12/2025 and are reported at a $0 price for Form 4 reporting purposes. The disclosure confirms the award’s grant date (August 28, 2024) and that each PSU is payable in either common stock or cash equivalent. As presented, the event is a routine equity compensation vesting and the form does not disclose any related sales, transfers, or other market transactions by the reporting person.

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).
1. Name and Address of Reporting Person*
Lehr Donald P.

(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 Legal Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/12/2025
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
Performance Stock Units (1)(2) 09/12/2025 A 54,000 (1)(2) (1)(2) Common Stock 54,000 $0 54,000 D
Explanation of Responses:
1. Represents the vesting of the second installment of performance stock units ("PSUs") originally granted on August 28, 2024 based on the achievement of the applicable performance condition for such installment.
2. Each PSU is payable in a share of the Issuer's common stock or in a cash amount having an equivalent value.
/s/ Donald P. Lehr 09/16/2025
** 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

What transaction did Donald P. Lehr report on Form 4 for PGEN?

He reported the vesting of 54,000 performance stock units (PSUs), resulting in 54,000 shares of common stock.

When did the PSUs vest according to the filing?

The PSUs vested on 09/12/2025.

What was the original grant date for the PSUs that vested?

The PSUs were originally granted on August 28, 2024.

What is Donald P. Lehr's role at Precigen as listed on the Form 4?

He is reported as the Chief Legal Officer (an officer of the issuer).

How are the PSUs payable as described in the filing?

Each PSU is payable in a share of common stock or in a cash amount having an equivalent value.

When did Donald P. Lehr sign the Form 4?

The form is signed on 09/16/2025.
Precigen Inc

NASDAQ:PGEN

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1.38B
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Biotechnology
Pharmaceutical Preparations
Link
United States
GERMANTOWN