Amoroso Michael 4
4 · PRECISION BIOSCIENCES INC · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Precision Bio (DTIL) CEO Michael Amoroso Receives RSUs, Sells Shares
What Happened
- Michael Amoroso, President & CEO and a Director of Precision BioSciences (DTIL), had 67,797 restricted stock units (RSUs) vest on Feb 17, 2026 (reported as conversion/exercise of a derivative at $0). Following vesting, 20,559 of the resulting shares were sold on Feb 18, 2026 at $3.84 per share, generating proceeds of $78,947. The sale was a sell-to-cover to satisfy tax withholding related to the RSU settlement.
Key Details
- Transaction dates/prices:
- 2026-02-17: 67,797 RSUs vested / converted to shares (reported as M, $0.00).
- 2026-02-18: 20,559 shares sold @ $3.84 → $78,947 proceeds.
- Shares owned after transaction: Not reported in the information provided on this filing.
- Notable footnotes:
- F1/F2: These were RSUs that vested; each RSU converts to one share.
- F3: The sales were effected under a Rule 10b5-1 plan (adopted Aug 2, 2024) and were sell-to-cover transactions to meet tax withholding; the reporting person did not sell shares for other reasons.
- F4: The RSU award vests in three roughly equal annual installments starting Feb 17, 2026.
- Filing timeliness: Reported on Form 4 filed Feb 19, 2026 for events on Feb 17–18, 2026 — no late filing indicated.
Context
- The "exercise/conversion" (code M) entries reflect RSU vesting/settlement (not an option purchase); a portion of the vested shares were immediately sold to cover required taxes (a common administrative step). Such sell-to-cover transactions typically reflect tax obligations rather than a deliberate market disposition by the insider.
Insider Transaction Report
Form 4
Amoroso Michael
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2026-02-17+67,797→ 263,951 total - Sale
Common Stock
[F3]2026-02-18$3.84/sh−20,559$78,947→ 243,392 total - Exercise/Conversion
Restricted Stock Units
[F2][F4]2026-02-17−67,797→ 135,593 total→ Common Stock (67,797 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 August 2, 2024. 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, Attorney-in-Fact for Michael Amoroso|2026-02-19