Tennant Phil 4

What Happened

Phil Tennant, Precigen's (PGEN) Chief Commercial Officer, sold 30,272 shares of common stock in an open-market sell-to-cover transaction on May 28, 2026. The shares were disposed at $4.36 each for total proceeds of $131,986. This was a sale (routine tax-withholding related) rather than a buy.

Key Details

• Transaction date: 2026-05-28; filing date: 2026-06-01 (filed several days after the reported transaction; appears outside the typical 2-business-day Form 4 window).
• Price: $4.36 per share.
• Shares sold: 30,272; total proceeds: $131,986.
• Footnote: Sale executed as a sell-to-cover to satisfy tax withholding obligations upon vesting of restricted stock units on May 23, 2026.
• Shares owned after transaction: not specified in the summary provided — see the full Form 4 for "Amount of Securities Owned Following Reported Transaction."

Context

Sell-to-cover transactions are common when restricted stock units vest and taxes are due; they generally reflect routine tax withholding rather than a directional bet on the stock. For a complete picture of insider ownership and timing, review the full Form 4 filing and other recent insider trades.