Form 4: Director Agee Converts RSUs to PGEN Stock

Precigen Director Nancy H. Agee converted 71,839 Restricted Stock Units into common stock following their vesting on March 13, 2026.

Summary

• Nancy H. Agee, a Director at Precigen, Inc. (PGEN), reported a change in beneficial ownership.
• On March 13, 2026, 71,839 Restricted Stock Units (RSUs) held by Ms. Agee vested in full.
• These vested RSUs were converted into 71,839 shares of Precigen common stock.
• Following this transaction, Ms. Agee directly beneficially owns 305,776 shares of Precigen common stock.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a routine insider transaction where equity compensation vested and converted to common stock, slightly positive due to increased direct ownership by a director.

Positives

• A Director's beneficial ownership of common stock increased by 71,839 shares, indicating continued alignment with shareholder interests.

Industry Context

StockSavvy.ai notes that insider transactions, particularly conversions of equity awards into common stock, are routine events for public company directors and executives. This specific transaction reflects the vesting schedule of previously granted equity compensation.

Stakeholder Impact

• Shareholders: Increased direct ownership by a director may be seen as a positive signal of alignment.

Key Dates

Recommendation

This Form 4 reports a routine conversion of Restricted Stock Units into common stock by a director. It does not provide new fundamental information about the company's operations, financial performance, or strategic direction that would warrant a change in investment recommendation. The increased direct ownership by the director is a minor positive for alignment but is not a catalyst for a 'buy' or 'sell' decision.

Keywords

Precigen, PGEN, Nancy H Agee, Director, Form 4, Insider Transaction, Restricted Stock Units, RSU Conversion, Stock Ownership