PRECISION BIOSCIENCES INC·4

Jun 3, 4:05 PM ET

Kelly John Alexander 4

4 · PRECISION BIOSCIENCES INC · Filed Jun 3, 2026

Research Summary

AI-generated summary of this filing

Updated

Precision Biosciences (DTIL) CFO John Alexander Receives RSU Award

What Happened
John Alexander, Chief Financial Officer of Precision Biosciences, received a grant of 193,688 restricted stock units (RSUs) on June 1, 2026. The RSUs were reported as acquired at $0.00 per unit (derivative award), meaning no cash was paid at grant; the units represent contingent rights to receive common shares if vesting conditions are met.

Key Details

  • Transaction date: 2026-06-01; filing date: 2026-06-03 (Form 4 accession 0001628280-26-040215). Filing appears timely.
  • Transaction type/code: A (Award/Grant) — 193,688 RSUs acquired at $0.00.
  • Shares owned after transaction: Not specified in the filing.
  • Footnote: Each RSU converts to one share of common stock if vested (F1).
  • Vesting: Award vests in three substantially equal annual installments beginning Feb 19, 2027, subject to continued service (F2).
  • No sale, purchase for cash, tax withholding, or 10b5-1 plan noted in this filing.

Context
RSU grants are a common form of executive compensation and do not represent an immediate purchase or sale of stock; they only convert into actual shares if and when vesting conditions are satisfied. Because the grant was reported as a derivative award at $0 upfront, there is no immediate cash outlay or proceeds to the insider. Retail investors should view this as compensation alignment rather than a direct market signal; potential dilution occurs only as units vest and are settled into shares.

Insider Transaction Report

Form 4
Period: 2026-06-01
Kelly John Alexander
Chief Financial Officer
Transactions
  • Award

    Restricted Stock Units

    [F1][F2]
    2026-06-01+193,688193,688 total
    Common Stock (193,688 underlying)
Footnotes (2)
  • [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
  • [F2]Award vests in three substantially equal annual installments beginning on February 19, 2027, subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates.
Signature
/s/ John Alexander Kelly|2026-06-03

Documents

1 file
  • 4
    wk-form4_1780517141.xmlPrimary

    FORM 4