Precigen (PGEN) CEO receives large RSU and stock option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PRECIGEN, INC. reported that President and CEO Helen Sabzevari received new equity awards. She was granted 410,000 Restricted Stock Units, each representing one share of common stock, and options on 1,366,000 shares of common stock at an exercise price of $4.11 per share.
The options vest 25% on May 23, 2027 and then in equal monthly installments over three years, while the RSUs vest 25% on the same date and then in equal six‑month installments over three years. No shares were sold in these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sabzevari Helen
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to Purchase Common Stock (Right to Buy) | 1,366,000 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 410,000 | $0.00 | -- |
Holdings After Transaction:
Option to Purchase Common Stock (Right to Buy) — 1,366,000 shares (Direct, null);
Restricted Stock Units — 410,000 shares (Direct, null)
Footnotes (1)
- The options vest 25% on May 23, 2027 and in equal monthly installments for three years thereafter. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Precigen common stock. The RSUs vest 25% on May 23, 2027 and in equal six-month installments for three years thereafter.
Key Figures
RSU grant size: 410,000 units
Option grant size: 1,366,000 options
Option exercise price: $4.11 per share
+3 more
6 metrics
RSU grant size
410,000 units
Restricted Stock Units granted to CEO on April 20, 2026
Option grant size
1,366,000 options
Options to purchase common stock granted on April 20, 2026
Option exercise price
<money>$4.11</money> per share
Conversion or exercise price for new stock options
Option expiration
April 20, 2036
Expiration date for the granted stock options
RSUs underlying shares
410,000 shares
Each RSU represents one share of Precigen common stock
Options underlying shares
1,366,000 shares
Each option relates to one share of common stock
Key Terms
Restricted Stock Units, Option to Purchase Common Stock (Right to Buy), vest, expiration date, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" and footnote defining each RSU"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Option to Purchase Common Stock (Right to Buy) financial
"security_title: "Option to Purchase Common Stock (Right to Buy)""
vest financial
"The options vest 25% on May 23, 2027 and in equal monthly installments"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
expiration date financial
""expiration_date": "2036-04-20T00:00:00.000Z" for the stock options"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
FAQ
What equity awards did Precigen (PGEN) CEO Helen Sabzevari receive?
Helen Sabzevari received 410,000 Restricted Stock Units and options on 1,366,000 shares of Precigen common stock. These grants are compensation awards, not market purchases, and were reported as acquisitions on the Form 4 insider filing.
What is the exercise price of Helen Sabzevari’s new Precigen stock options?
The new options granted to Helen Sabzevari have an exercise price of $4.11 per share. This means she can buy Precigen common stock at $4.11 once the options vest, if she chooses to exercise them in the future.
How do the new Precigen RSUs granted to the CEO vest over time?
The 410,000 RSUs granted to the CEO vest 25% on May 23, 2027, then in equal six‑month installments for three years. This multi‑year vesting schedule encourages longer‑term alignment between executive compensation and shareholder interests.
What is the vesting schedule for Helen Sabzevari’s new Precigen stock options?
The granted options vest 25% on May 23, 2027, then in equal monthly installments over the following three years. This gradual vesting structure ties the CEO’s potential option value to continued service with Precigen.