Thomasian Harry Jr. 4
Research Summary
AI-generated summary
PRECIGEN CFO Harry Thomasian Receives 40,293 RSUs
What Happened
- Harry Thomasian, Chief Financial Officer of Precigen, was granted 40,293 restricted stock units (RSUs) on 2026-03-18. The RSUs vested immediately and were converted to 40,293 shares. The filing also shows 40,293 shares were disposed with $0.00 consideration (reported as a derivative exercise/conversion and disposal).
Key Details
- Transaction date: March 18, 2026; Form 4 filed March 20, 2026 (timely filing).
- Grant: 40,293 RSUs granted at $0.00 (each RSU represents the right to one share).
- Conversion/Exercise: RSUs converted to 40,293 shares (derivative exercise/conversion).
- Disposal: 40,293 shares reported disposed at $0.00 (no cash consideration reported).
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: F1 — Each RSU equals one contingent share; F2 — RSUs vested immediately upon grant.
Context
- For RSU awards it is common for vested shares to be withheld or surrendered to satisfy tax withholding or other obligations; the $0.00 disposal here is consistent with that administrative settlement (the filing does not state a cash sale on the open market).
- This was an award/conversion event rather than an open-market purchase or sale; such grants are routine compensation events and are not direct endorsements of near-term stock moves.