Form 4: Precigen Director Vinita D. Gupta Reports Acquisition and Disposal of Common Stock and Restricted Stock Units
SEC Form 4
Director Vinita D. Gupta reports transactions involving Precigen, Inc. common stock and restricted stock units, including acquisitions in lieu of retainer and vesting of RSUs.
Summary
- On March 13, 2025, Director Vinita D. Gupta acquired 36,206 shares of Precigen, Inc. common stock at a price of $1.74 per share in lieu of an annual retainer of $63,000.
- On the same day, Gupta was granted 71,839 restricted stock units (RSUs) that vest in full on March 13, 2026.
- Also on March 13, 2025, Gupta was granted an option to purchase 83,517 shares of common stock at an exercise price of $1.74, expiring on March 13, 2035.
- On March 14, 2025, 87,412 RSUs vested in full.
- Following these transactions, Gupta beneficially owns 576,240 shares of Precigen common stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as the document primarily reports routine insider transactions. The acquisition of shares in lieu of a retainer is a slightly positive signal.
Positives
- The acquisition of shares in lieu of a retainer demonstrates Gupta's alignment with shareholder interests.
- The granting of RSUs and stock options incentivizes Gupta to contribute to the long-term success of the company.
Industry Context
Form 4 filings are standard disclosures for corporate insiders and provide transparency into their transactions in the company's securities. This filing indicates the director's ongoing investment in the company.
Comparison to Industry Standards
- Director compensation packages often include a mix of cash, stock, and options to align their interests with shareholders.
- The vesting schedules for RSUs are typical, often spanning one to three years.
- Option grants are also common, providing directors with the opportunity to benefit from future stock price appreciation.
Stakeholder Impact
- The transactions may have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 03/13/2025 | Acquisition of 36,206 shares of common stock, grant of 71,839 RSUs vesting on March 13, 2026, and grant of option to purchase 83,517 shares. |
| 03/14/2025 | Vesting of 87,412 RSUs. |
| 03/17/2025 | Date of Form 4 signature. |
| 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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