Form 4: Precigen Officer Tennant Reports Stock Transactions

Chief Commercial Officer Phil Tennant reports the vesting and subsequent disposal of Precigen, Inc. stock to cover tax obligations.

Summary

• On May 16, 2025, Phil Tennant, Chief Commercial Officer of Precigen, Inc., reported transactions involving the company's common stock.
• Tennant vested 66,441 restricted stock units (RSUs), each representing a contingent right to receive one share of Precigen common stock.
• Following the vesting, Tennant disposed of 66,441 shares of common stock.
• Additionally, 22,969 shares were withheld by Precigen to satisfy income tax withholding obligations related to the RSU settlement at a price of $1.45 per share.
• After these transactions, Tennant directly owns 59,031 shares of Precigen common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the effect is likely minimal.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transaction, Precigen, PGEN, Phil Tennant, Restricted Stock Units, RSU, Tax Withholding