Form 4: Precigen Inc. Executive Donald P. Lehr Reports Stock Transactions
SEC Form 4 Filing
Donald P. Lehr, Chief Legal Officer of Precigen Inc., reports the acquisition and disposal of common stock and restricted stock units on April 5, 2024.
Summary
- On April 5, 2024, Donald P. Lehr, Chief Legal Officer of Precigen Inc., engaged in transactions involving the company's stock.
- Lehr acquired 164,285 shares of common stock through the vesting of restricted stock units (RSUs).
- Simultaneously, Lehr disposed of 164,285 shares related to the vested RSUs.
- Additionally, 55,075 shares were disposed of to cover income tax withholding obligations at a price of $1.4 per share.
- Following these transactions, Lehr directly owns 538,126 shares of Precigen Inc. common stock and no derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common occurrence in publicly traded companies. It provides transparency into the trading activities of insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
- The transactions are unlikely to significantly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 04/05/2024 | Date of earliest transaction: Acquisition and disposal of common stock and restricted stock units. |
| 04/09/2024 | Date of signature on the Form 4 filing. |
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