Form 4: Precigen Director James S. Turley Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director James S. Turley reports acquisition and disposal of Precigen, Inc. common stock and restricted stock units.
Summary
- On March 13, 2025, Director James S. Turley acquired 35,919 shares of Precigen common stock at $1.74 per share in lieu of an annual retainer.
- On the same day, he was granted 71,839 restricted stock units (RSUs) that vest in full on March 13, 2026.
- Also on March 13, 2025, Turley acquired an option to purchase 83,517 shares of common stock at $1.74, exercisable from March 13, 2025, to March 13, 2035.
- On March 14, 2025, 87,412 RSUs vested in full.
- Following these transactions, Turley directly owns 595,772 shares of Precigen common stock and no longer owns the 87,412 RSUs.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard SEC filing detailing transactions by a company director. The acquisition of shares could be seen as a slightly positive sign, but it's not a major event.
Positives
- The acquisition of shares and RSUs by a director could be seen as a positive signal, indicating confidence in the company's future.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to the market regarding their transactions in the company's securities.
Stakeholder Impact
- The transactions may have a minor impact on shareholder sentiment, depending on how they interpret the director's actions.
Key Dates
| Date | Description |
|---|---|
| 03/13/2025 | Acquisition of 35,919 shares at $1.74, grant of 71,839 RSUs, and acquisition of option to purchase 83,517 shares. |
| 03/14/2025 | 87,412 RSUs vested. |
| 03/17/2025 | Date of signature on the Form 4 filing. |
| 03/13/2026 | Vesting date for 71,839 RSUs. |
| 03/13/2035 | Expiration date for the option to purchase 83,517 shares. |
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