PRECIGEN CCO exercises 62,500 RSUs into shares

Rhea-AI Filing Summary

PRECIGEN, INC. Chief Commercial Officer Phil Tennant acquired 62,500 shares of common stock on May 23, 2026 through the exercise of restricted stock units. Following the transaction, he directly holds 169,641 common shares. The filing also shows 62,500 RSUs remaining, which will vest in equal quarterly installments over three years.

Insider Trade Summary

62,500 shares exercised/converted

Exercise 2 txns

Insider Tennant Phil

Role Chief Commercial Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	62,500	$0.00	$0.00
Exercise	Common Stock	62,500	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 62,500 contracts (Direct); Common Stock — 169,641 shares (Direct)

Footnotes (2)

1. F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Precigen common stock.
2. F2. Represents 50% of the RSUs granted on June 26, 2025 that vested on May 23, 2026. The remaining RSUs will vest in equal quarterly installments for three years thereafter.

Key Figures

RSUs converted to shares: 62,500 shares Shares held after transaction: 169,641 shares RSUs remaining outstanding: 62,500 RSUs +1 more

4 metrics

RSUs converted to shares 62,500 shares Common stock acquired via RSU exercise on May 23, 2026

Shares held after transaction 169,641 shares Direct PRECIGEN common stock ownership after RSU exercise

RSUs remaining outstanding 62,500 RSUs Unvested portion of June 26, 2025 grant

RSU vesting schedule 3 years Remaining RSUs vest in equal quarterly installments

Key Terms

Restricted Stock Units, RSU, Exercise or conversion of derivative security, vested, +1 more

5 terms

Restricted Stock Units financial

"security_title: "Restricted Stock Units""

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.

RSU financial

"Each restricted stock unit ("RSU") represents a contingent right to receive one share"

Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

Exercise or conversion of derivative security financial

"transaction_code_description: "Exercise or conversion of derivative security""

vested financial

"50% of the RSUs granted on June 26, 2025 that vested on May 23, 2026"

equal quarterly installments financial

"The remaining RSUs will vest in equal quarterly installments for three years"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did PRECIGEN (PGEN) report for Phil Tennant?

PRECIGEN reported that Chief Commercial Officer Phil Tennant acquired 62,500 common shares via RSU exercise on May 23, 2026. This reflects the vesting of equity compensation rather than an open-market stock purchase or sale.

How many PRECIGEN (PGEN) shares does Phil Tennant hold after this Form 4?

After the reported RSU exercise, Phil Tennant directly holds 169,641 PRECIGEN common shares. This position reflects his post-transaction ownership and gives context for the scale of the 62,500-share equity award vesting.

What happened to Phil Tennant’s restricted stock units in this PRECIGEN (PGEN) filing?

The filing shows 62,500 RSUs converted into an equal number of PRECIGEN common shares. It also reports 62,500 RSUs remaining outstanding, which will vest in equal quarterly installments over the next three years under the existing grant terms.

Is Phil Tennant’s PRECIGEN (PGEN) Form 4 a stock sale or a compensation event?

The Form 4 reflects a compensation-related event, not a stock sale. Code M indicates an exercise or conversion of derivative securities, in this case RSUs vesting into 62,500 common shares, with no reported open-market buying or selling activity.

What do Phil Tennant’s RSU terms at PRECIGEN (PGEN) indicate about future vesting?

The footnotes state the reported 62,500 RSUs represent 50% of an award granted June 26, 2025 that vested May 23, 2026. The remaining RSUs vest in equal quarterly installments for three years, indicating ongoing scheduled equity compensation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 05/27/2026 - 08:23 PM EDT Learn about SEC filing dates

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 MARYLAND 20876

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
Common Stock	05/23/2026		M		62,500	A	(1)	169,641	D

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)	05/23/2026		M			62,500	(2)	(2)	Common Stock	62,500	$0	62,500	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Precigen common stock.

2. Represents 50% of the RSUs granted on June 26, 2025 that vested on May 23, 2026. The remaining RSUs will vest in equal quarterly installments for three years thereafter.

	/s/ Phil Tennant, by Donald P. Lehr, as attorney-in-fact	05/27/2026
	** 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.
* Form 4: SEC 1474 (03-26)