Precigen (PGEN) Director Vinita Gupta Converts 71,839 RSUs

What Happened
Vinita D. Gupta, a director of Precigen, had 71,839 restricted stock units (RSUs) vest on March 13, 2026. The RSUs converted into 71,839 shares (transaction reported as an exercise/conversion, code M). The filing also shows a simultaneous disposition of 71,839 shares at $0.00, meaning the newly-issued shares were surrendered/withheld per the filing, resulting in no net increase in reported beneficial ownership.

Key Details

• Transaction date: March 13, 2026; Form 4 filed March 16, 2026 (appears timely).
• Reported actions: Exercise/conversion of 71,839 RSUs (Acquired) and disposition of 71,839 shares at $0.00 (Disposed). Transaction code: M.
• Footnotes: F1 — each RSU represents a contingent right to one share; F2 — the RSUs vested in full on March 13, 2026.
• Net effect: No net new shares retained by the insider per this filing (acquired and disposed amounts are equal).
• Filing does not list a cash sale or market transaction; the $0.00 disposition typically indicates surrender/withholding (commonly used to satisfy tax withholding or similar obligations), as reported in the Form 4.

Context
This was an RSU vesting/conversion event rather than an open-market purchase or sale. Such transactions frequently reflect routine award vesting and tax-settlement activity and do not, by themselves, signal a change in an insider’s market view.