SCHEDULE: Miller Trust Boosts Stake in Precigen to 9.2%

The William H. Miller III Living Trust has reported a 9.2% beneficial ownership stake in Precigen, Inc., including shares from exercisable warrants.

Summary

• The William H. Miller III Living Trust dated April 17, 2017, has reported beneficial ownership of 34,051,925 shares of Precigen, Inc. Common Stock.
• This ownership represents 9.2% of the company's outstanding Common Stock.
• The total beneficial ownership includes 16,666,667 shares that the Reporting Person could acquire within 60 days upon the exercise of warrants.
• The percentage of class is calculated based on 298,455,084 shares of Common Stock outstanding as of September 11, 2025, plus an additional 54,937,411 shares from preferred stock conversion reported on September 17, 2025, and the 16,666,667 warrant shares.
• The Reporting Person holds sole voting power and sole dispositive power over all 34,051,925 beneficially owned shares.

Sentiment

Score: 7

Explanation: The filing indicates a significant beneficial ownership stake by a prominent investor, which can be viewed positively by the market, though it is a standard disclosure filing and does not contain operational or financial performance data.

Positives

• A significant beneficial ownership stake by a prominent institutional investor like the William H. Miller III Living Trust can signal confidence in Precigen's long-term prospects.
• The acquisition of a substantial stake, including exercisable warrants, suggests a strategic interest in the company's future.

Future Outlook

NA

Management Comments

• The securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer, nor in connection with any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.

Industry Context

This filing is a standard disclosure of a significant ownership stake by an institutional investor and does not provide direct commentary on broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders may perceive the significant stake by the William H. Miller III Living Trust as a vote of confidence in Precigen, potentially leading to increased investor interest.

Key Dates

Recommendation

The disclosure of a significant 9.2% beneficial ownership by the William H. Miller III Living Trust indicates a notable institutional investor's confidence in Precigen. While this filing does not provide operational or financial performance data, such a substantial stake by a respected investor typically signals a positive long-term view, suggesting a 'hold' for current shareholders and a prompt for further due diligence for potential investors.

Keywords

Precigen, William H. Miller III, Miller Trust, Beneficial Ownership, SEC Filing, Schedule 13G, Common Stock, Warrants, Institutional Investor