Form 4: Director Stanley Frankel Exercises Precision Bio RSU Grant
Statement of Changes in Beneficial Ownership
Precision BioSciences director Stanley Frankel acquired 21,000 shares of common stock following the vesting of restricted stock units.
Summary
- Director Stanley Frankel acquired 21,000 shares of Precision BioSciences (DTIL) common stock on May 20, 2026.
- The acquisition resulted from the vesting of restricted stock units (RSUs) granted on June 3, 2025.
- Following this transaction, the reporting person holds a total of 40,478 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents standard equity compensation vesting rather than a discretionary market purchase or sale.
Positives
- Director maintains a direct equity stake in the company, aligning interests with shareholders.
Negatives
- None identified; this is a routine equity compensation vesting event.
Risks
- None identified; this is a standard regulatory disclosure of equity compensation.
Future Outlook
No forward-looking guidance provided in this filing.
Industry Context
StockSavvy.ai notes that routine RSU vesting for board members is standard practice in the biotechnology sector to ensure long-term alignment between directors and corporate performance.
Comparison to Industry Standards
- The transaction follows standard industry practices for director compensation in clinical-stage biotech firms.
- The vesting schedule is consistent with typical equity incentive plans for public companies.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine issuance of equity under an existing compensation plan.
Next Steps
- No future actions or milestones mentioned.
Key Dates
| Date | Description |
|---|---|
| 06/03/2025 | Original grant date of the restricted stock units. |
| 05/20/2026 | Vesting date of the RSUs and date of the reported transaction. |
| 05/22/2026 | Date the Form 4 was signed and filed. |
Keywords
DTIL, Precision BioSciences, Insider Trading, Form 4, Equity Compensation, Biotech
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