Thomasian Harry Jr. 4
Research Summary
AI-generated summary
PRECIGEN CFO Harry Thomasian Jr. Sells 200,000 Shares
What Happened
- Harry Thomasian Jr., Chief Financial Officer of PRECIGEN (PGEN), sold a total of 200,000 shares in two open-market dispositions: 28,571 shares on 2026-06-29 and 171,429 shares on 2026-07-01. Proceeds were approximately $165,140 and $948,002, respectively, for combined gross proceeds of about $1,113,142. These were sales (not purchases), which are often routine disposals.
Key Details
- Transaction dates and prices:
- 2026-06-29: 28,571 shares sold at a weighted average price $5.78 (range $5.74–$5.86). (Footnote F2)
- 2026-07-01: 171,429 shares sold at a weighted average price $5.53 (range $5.39–$5.67). (Footnote F3)
- Total shares sold: 200,000; total proceeds: ~$1.11 million.
- Footnotes: F1 indicates the sales were made pursuant to a 10b5-1 trading plan adopted by the reporting person. F2 and F3 note the reported prices are weighted averages across multiple transactions and provide price ranges; the filer will provide per‑price breakdowns upon request.
- Shares owned after the transaction: not specified in the provided filing details.
- Filing: Form 4 filed 2026-07-01 for trades on 2026-06-29 and 2026-07-01 — appears to be filed within required Form 4 timing (not indicated as late).
Context
- Sales under a 10b5-1 plan are prearranged trading programs that allow insiders to sell shares at predetermined times or conditions; such sales are typically considered routine and do not, by themselves, indicate insider sentiment.