Scimeca Dario 4
4 · PRECISION BIOSCIENCES INC · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Precision BioSciences (DTIL) General Counsel Dario Scimeca Sells Shares
What Happened
- Dario Scimeca, General Counsel and Secretary of Precision BioSciences (DTIL), had Restricted Stock Units (RSUs) vest on Feb 17, 2026. The vesting resulted in the conversion/acquisition of 16,667 shares (reported as an exercise/conversion at $0.00).
- Following the vesting, 4,925 of those shares were sold in an open-market transaction on Feb 18, 2026 at $3.84 per share, generating $18,912. The remaining shares from this vesting installment (16,667 − 4,925 = 11,742) were retained.
- The reported disposal of 16,667 derivative units at $0.00 reflects the settlement/conversion of the RSUs into common stock.
Key Details
- Transaction dates/prices: 02/17/2026 conversion of 16,667 RSUs → 16,667 shares at $0.00; 02/18/2026 sale of 4,925 shares at $3.84 ($18,912).
- Net from this vesting: +11,742 shares retained after the sell-to-cover.
- Footnotes: RSUs vested on 02/17/2026 (each RSU = one share). The sale was a sell-to-cover executed under a Rule 10b5-1 plan adopted 09/29/2025; only shares needed to satisfy tax withholding were sold.
- Filing/timeliness: Period of report 02/17/2026; Form 4 filed 02/19/2026 — appears timely (Form 4 is generally due within two business days).
Context
- This was a routine vesting and sell-to-cover to satisfy tax withholding; such sales are common and do not necessarily signal a change in insider sentiment. The key actionable item is that Scimeca retained the majority of the vested shares from this installment.
Insider Transaction Report
Form 4
Scimeca Dario
General Counsel and Secretary
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2026-02-17+16,667→ 61,382 total - Sale
Common Stock
[F3]2026-02-18$3.84/sh−4,925$18,912→ 56,457 total - Exercise/Conversion
Restricted Stock Units
[F2][F4]2026-02-17−16,667→ 33,333 total→ Common Stock (16,667 underlying)
Footnotes (4)
- [F1]Represents the vesting of Restricted Stock Units ("RSUs") on February 17, 2026.
- [F2]Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
- [F3]The sales were effected pursuant to a Rule 10b5-1 plan adopted on September 29, 2025. The transaction was a sell-to-cover, with shares only sold to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The Reporting Person did not sell or otherwise dispose of shares reported on this Form 4 for any reason other than to cover required taxes and fees.
- [F4]RSUs vests in three substantially equal annual installments beginning on February 17, 2026, subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates.
Signature
/s/ Dario Scimeca|2026-02-19