Lehr Donald P. 4
Research Summary
AI-generated summary
Precigen (PGEN) Chief Legal Officer Donald P. Lehr Sells Shares
What Happened
- Donald P. Lehr, Chief Legal Officer of Precigen (PGEN), disposed of 29,131 shares on May 28, 2026 in an open-market/related sale at $4.36 per share, generating proceeds of approximately $127,011. The sale was a sell-to-cover tied to restricted stock units that vested on May 23, 2026.
Key Details
- Transaction date: 2026-05-28; Price: $4.36 per share; Total proceeds: ~$127,011
- Transaction type/code: Sale (S); footnote indicates tax-withholding sell-to-cover (F1)
- Footnote F1: Shares sold to satisfy tax withholding obligations upon RSU vesting on May 23, 2026
- Filing: Form 4 filed 2026-06-01 for the 2026-05-28 transaction (filed within the typical two-business-day window)
- Shares owned after transaction: Not specified in the provided summary
Context
- This was a routine sell-to-cover tied to RSU tax withholding, a common administrative transaction and not necessarily a signal of executive sentiment. Purchases typically carry more informational weight than routine sales for evaluating insider confidence.