Form 4: Precigen SVP, IP Affairs, Jeffrey Thomas Perez, Receives Shares in Liquidating Distribution

Jeffrey Thomas Perez, SVP, IP Affairs at Precigen, Inc., acquired 126,713 shares of common stock through a liquidating distribution from various Third Security entities on May 2, 2024.

Summary

• On May 2, 2024, Jeffrey Thomas Perez, SVP, IP Affairs at Precigen, Inc., received 126,713 shares of common stock.
• The shares were distributed as part of a liquidating distribution from several Third Security entities.
• These entities include Third Security Senior Staff LLC, Third Security Staff 2001 LLC, and others.
• The distribution was made in connection with the dissolution of these entities, according to their respective limited liability company agreements.
• Following the transaction, Mr. Perez directly owns 684,274 shares of Precigen, Inc.
• The transaction was reported on a Form 4 filing with the SEC.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to insider stock ownership. It doesn't convey any particularly positive or negative sentiment about the company's prospects.

Industry Context

This filing reflects insider activity related to stock ownership. It is a routine disclosure and doesn't necessarily indicate a strategic shift for Precigen.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a result of a liquidating distribution and does not represent a change in the company's operations or financial condition.

Key Dates