Form 4: Precigen CFO Harry Thomasian Jr. Reports Stock Transactions

Harry Thomasian Jr., CFO of Precigen, Inc., reports the acquisition and disposal of common stock and restricted stock units on April 5, 2024.

Summary

• On April 5, 2024, Harry Thomasian Jr., the Chief Financial Officer of Precigen, Inc. (PGEN), reported transactions involving the company's stock.
• Thomasian acquired 135,714 shares of common stock through the vesting of restricted stock units (RSUs).
• Simultaneously, 135,714 shares were disposed of to cover tax obligations related to the RSU vesting.
• Additionally, 67,389 shares were withheld by the issuer to satisfy income tax withholding obligations in connection with the settlement of the RSUs at a price of $1.4.
• Following these transactions, Thomasian directly owns 229,376 shares of Precigen common stock.

Sentiment

Score: 5

Explanation: This is a neutral filing, simply reporting stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting changes in their beneficial ownership of company stock. It's a routine part of corporate governance and transparency.

Stakeholder Impact

• The transactions could have a minor impact on shareholders due to the change in insider ownership.
• The withholding of shares for tax obligations affects the company's share count.

Key Dates