Gupta Vinita D 4

What Happened

• Vinita D. Gupta, a director of Precigen (PGEN), was granted equity awards on March 10, 2026. She received 17,948 actual shares (valued at $3.51 each, about $62,997) issued in lieu of an annual retainer, plus two RSU grants totaling 76,685 restricted stock units (35,612 and 41,073 RSUs). The RSUs are derivative awards that represent contingent rights to receive one share each in the future.

Key Details

• Transaction date: March 10, 2026. Filing date: March 12, 2026 (timely filing).
• Grants reported:
  • 17,948 shares acquired at $3.51/share — total reported value $62,997 (footnote: issued in lieu of $63,000 annual retainer).
  • 35,612 RSUs @ $0.00 (derivative, contingent).
  • 41,073 RSUs @ $0.00 (derivative, contingent).
• Total potential shares from these awards: 94,633.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: F1 = shares issued in lieu of annual retainer; F2 = each RSU equals a contingent right to one share; F3 = RSUs vest in full on March 10, 2027.
• Transaction code: A = Award/Grant (not a market purchase or sale).

Context

• The 17,948 shares were compensation issued instead of cash and reflect routine director pay rather than an open-market purchase or sale. The RSUs are time-based/contingent awards that will convert to shares only after vesting (March 10, 2027), so they carry no immediate transferrable value. Such compensation grants are common for directors and do not necessarily signal a personal buy/sell view of the company stock.