Precision BioSciences CEO RSUs vest; 3,409-share tax sale under 10b5-1
Rhea-AI Filing Summary
Precision BioSciences (DTIL) reported an insider equity transaction by President & CEO and Director Michael Amoroso. On November 2, 2025, 9,444 RSUs vested and settled into common stock at $0 per unit, reflecting standard RSU settlement mechanics.
On November 3, 2025, Amoroso sold 3,409 shares at $6.49 per share under a Rule 10b5-1 plan adopted on August 2, 2024. The filing states this was a sell-to-cover transaction to satisfy tax withholding tied to the RSU vesting. Following these transactions, Amoroso beneficially owned 115,575 shares directly. No derivative securities remained after settlement.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting with tax sell-to-cover; neutral impact.
The CEO’s 9,444 RSUs vested on November 2, 2025 and were settled at $0 per unit, consistent with RSU mechanics where no cash is paid by the holder. This increased common shares outstanding at the insider level through settlement of previously granted awards.
On November 3, 2025, the sale of 3,409 shares at $6.49 was executed under a Rule 10b5-1 plan and specified as a sell-to-cover for tax withholding. Such sales are administrative in nature and do not imply discretionary selling.
Post-transaction, the CEO holds 115,575 shares directly. The filing indicates no remaining derivative balance for these RSUs. Actual market impact is typically limited for sell-to-cover events.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 9,444 | $0.00 | -- |
| Sale | Common Stock | 3,409 | $6.49 | $22K |
| Exercise | Common Stock | 9,444 | $0.00 | -- |
Footnotes (1)
- Represents the vesting and settlement of Restricted Stock Units ("RSUs") on November 2, 2025. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. 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. On November 2, 2022 the Reporting Person was granted RSUs, which vest in three substantially equal annual installments beginning on November 2, 2023, subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates. The RSUs vested in full on November 2, 2025.
FAQ
What did DTIL’s CEO report in the latest Form 4?
Were the sales discretionary or part of a plan?
What was the nature of the RSU settlement for DTIL?
Did any derivative securities remain after the RSU settlement?