DTIL CFO reports RSU vesting and 1,303-share sale under 10b5-1
Rhea-AI Filing Summary
Precision BioSciences (DTIL) reported insider activity by CFO John Alexander Kelly. On November 2, 2025, 3,605 RSUs vested and settled, resulting in the acquisition of 3,605 common shares at $0. On November 3, 2025, he sold 1,303 shares at $6.49 under a Rule 10b5-1 plan as a sell-to-cover for tax withholding tied to the RSU vesting. Following these transactions, he beneficially owns 77,298 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,303 | $6.49 | $8K |
| Exercise | Restricted Stock Units | 3,605 | $0.00 | -- |
| Exercise | Common Stock | 3,605 | $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. Includes 1,511 shares acquired under the Issuer's 2019 Employee Stock Purchase Plan at a price of $4.17 The sales were effected pursuant to a Rule 10b5-1 plan adopted on January 17, 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. 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 insider transaction did DTIL’s CFO report?
John Alexander Kelly reported the vesting and settlement of 3,605 RSUs on November 2, 2025, and the sale of 1,303 shares at $6.49 on November 3, 2025.
What do the vested RSUs represent for DTIL’s CFO?
Each RSU represents a contingent right to receive one share of common stock; 3,605 RSUs vested and settled into shares.