Lehr Donald P. 4
Research Summary
AI-generated summary
Precigen (PGEN) CLO Donald Lehr Receives and Converts 40,443 RSUs
What Happened
- Donald P. Lehr, Chief Legal Officer of Precigen, was granted 40,443 restricted stock units (RSUs) on 2026-03-18 that vested immediately and converted into 40,443 shares. The Form 4 shows both the award (code A) and conversion/exercise (code M) entries for 40,443 shares. The award and conversion entries report $0.00 per share (derivative), and the filing also records a disposition of 40,443 shares at $0.00; no cash proceeds or total dollar value are reported in the filing.
Key Details
- Transaction date(s): March 18, 2026; Form 4 filed March 20, 2026.
- Transaction codes: A = Award/Grant (40,443 RSUs); M = Exercise/Conversion (40,443 shares acquired and 40,443 shares disposed).
- Price/value reported: $0.00 per share for the award and conversion; no sale proceeds or aggregate dollar amounts disclosed.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: F1 — each RSU converts to one share of common stock; F2 — the RSUs vested immediately upon grant.
- Timeliness: Form filed two days after the transactions; the filing does not indicate it was late.
Context
- These entries reflect an equity award (RSUs) that vested and converted into common shares. The matching disposal shown in the filing is not explained in the report; filings of this type often show immediate dispositions or net settlements to satisfy tax withholding or administrative obligations, but the Form 4 here does not state the reason or any cash amounts. This appears to be a grant/settlement event rather than an open-market buy or sale that indicates a directional trade.