[Form 4] PRECIGEN, INC. Insider Trading Activity
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.
- 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.
- 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.