KIRK RANDAL J 4

What Happened

• Randal J. Kirk, reported as a 10% owner of Precigen, sold a total of 4,772,781 shares in multiple open-market transactions on March 30, 2026. The Form 4 reports a weighted-average price of $3.30 per share and aggregate proceeds of approximately $15,750,177. The largest single reported disposition was 2,334,420 shares for about $7.70M; other individual lots range from ~23,789 to 1,108,998 shares.
• These were sales (not purchases or option exercises), which are typically routine dispositions rather than a bullish signal.

Key Details

• Transaction date: March 30, 2026; Form 4 filed March 31, 2026 (filed within the usual 2-business-day window).
• Reported weighted-average price: $3.30; actual execution prices ranged from $3.22 to $3.58 (see footnote F1).
• Total shares sold: 4,772,781; total proceeds: ~$15.75 million.
• Shares owned after the transaction: not disclosed in the provided excerpt of the filing.
• Footnotes of note:
  • F1: Price is a weighted average; reporting person can provide breakdown of shares sold at each price within the $3.22–$3.58 range on request.
  • F2: Mr. Kirk controls a number of entities that may be deemed beneficial owners of shares; he disclaims beneficial ownership except for any pecuniary interest.
• No indication in the supplied filing that the report was late.

Context

• As a 10% owner, Mr. Kirk’s holdings are reported under large/insider ownership rules; such institutional-level sales can be for portfolio or tax reasons and do not by themselves indicate management sentiment.
• These were straight sales in the open market (code “S”); there’s no indication here of option exercises, awards, or gifts.