PRECIGEN CFO Harry Thomasian Receives RSUs; Shares Withheld for Taxes
$PGEN · PRECIGEN, INC.Research Summary
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PRECIGEN CFO Harry Thomasian Receives RSUs; Shares Withheld for Taxes
What Happened
Harry Thomasian, Chief Financial Officer of Precigen, had 7,291 restricted stock units (RSUs) vest/convert on August 23, 2026. To satisfy tax withholding, 3,577 of those shares were surrendered at $7.20 per share for a withholding amount of $25,754, leaving a net of 3,714 shares delivered to Thomasian. The Form 4 reports the RSU conversion (derivative code M) and the tax-withholding share disposition (code F).
Key Details
- Transaction date: August 23, 2026; Form 4 filed August 25, 2026.
- RSUs converted/settled: 7,291 shares (code M).
- Shares withheld for taxes: 3,577 shares at $7.20/share, totaling $25,754 (code F).
- Net shares received: 3,714 shares (7,291 - 3,577).
- Footnotes: F1 = each RSU converts to one share; F2 = withheld shares satisfy income tax withholding; F3 = these represent 1/24 of the RSUs granted June 26, 2025 that vested on Aug 23, 2026.
- Shares owned after the transaction: not specified in the provided excerpt.
Context: This was an RSU settlement with shares withheld to cover tax obligations (a common, routine event), not an open-market purchase or sale indicating a trading decision. The derivative exercise code (M) here reflects conversion/settlement of RSUs rather than an option exercise for cash proceeds.