RSU vesting adds 71,839 shares to Precigen (PGEN) director’s holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PRECIGEN, INC. director James S. Turley reported the vesting and conversion of restricted stock units into common shares. On March 13, 2026, 71,839 restricted stock units vested in full and were exercised, delivering 71,839 shares of common stock at no cash exercise price.
Following this compensation-related transaction, Turley directly owned 685,417 shares of Precigen common stock. The filing reflects an increase in equity holdings through RSU vesting rather than any open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
71,839 shares exercised/converted
Mixed
2 txns
Insider
Turley James S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 71,839 | $0.00 | -- |
| Exercise | Common Stock | 71,839 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 685,417 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of Precigen common stock. The RSUs vested in full on March 13, 2026.
FAQ
What insider transaction did Precigen (PGEN) director James S. Turley report?
James S. Turley reported the vesting and conversion of restricted stock units into common shares. On March 13, 2026, 71,839 RSUs vested and were exercised, resulting in 71,839 new common shares, increasing his direct Precigen holdings to 685,417 shares.
What are restricted stock units (RSUs) in the context of Precigen (PGEN)?
For Precigen, each restricted stock unit represents a contingent right to receive one share of common stock. In this filing, RSUs granted to director James S. Turley fully vested on March 13, 2026, and were settled in 71,839 shares of Precigen common stock.
Did the Precigen (PGEN) Form 4 show any open-market buying or selling by James S. Turley?
The Form 4 did not show any open-market purchases or sales. Instead, it reported a derivative exercise where 71,839 restricted stock units vested and converted into 71,839 common shares at a $0.00 exercise price, increasing his direct ownership to 685,417 shares.