STRECK PAUL 4
4 · PepGen Inc. · Filed Dec 18, 2025
Insider Transaction Report
Form 4
PepGen Inc.PEPG
STRECK PAUL
EVP, Head of R&D
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2025-11-04−202,816→ 40,000 totalExercise: $9.83From: 2025-08-19Exp: 2034-08-18→ Common Stock (202,816 underlying) - Award
Stock Option (Right to Buy)
2025-11-04+202,816→ 202,816 totalExercise: $4.53From: 2025-08-19Exp: 2034-08-18→ Common Stock (202,816 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2025-11-04−40,000→ 0 totalExercise: $9.83From: 2025-08-19Exp: 2034-08-18→ Common Stock (40,000 underlying) - Award
Stock Option (Right to Buy)
2025-11-04+40,000→ 242,816 totalExercise: $4.53From: 2025-08-19Exp: 2034-08-18→ Common Stock (40,000 underlying)
Footnotes (2)
- [F1]On November 4, 2025, the Issuer's Board of Directors approved a repricing of the Reporting Person's outstanding stock options granted under the Issuer's 2020 Stock Plan, 2022 Stock Option and Incentive Plan, and 2024 Inducement Plan. The exercise price of eligible options was reduced to $4.53, with all other terms unchanged except that the reduced exercise price is available only if the Reporting Person satisfies the applicable retention period; otherwise, the original exercise price will apply. The transactions reported herein are exempt pursuant to Rules 16b-6(d) and 16b-3 under the Securities Exchange Act of 1934.
- [F2]This option shall vest as follows: twenty-five percent (25%) on the one-year anniversary of the Grant Date and the remainder vesting in thirty-six (36) equal monthly installments, subject to the option recipient's continued service or employment with the Company on each applicable vesting date.