Precision BioSciences insider sell-to-cover after RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Precision BioSciences (DTIL) reported an insider transaction by General Counsel and Secretary Dario Scimeca on a Form 4. On November 2, 2025, 1,835 RSUs vested (code M) and converted into common stock at $0. On November 3, 2025, 665 shares were sold at $6.49 in a sell-to-cover for taxes under a Rule 10b5-1 plan adopted September 29, 2025. Following these transactions, the reporting person beneficially owned 28,258 shares directly. The holdings figure includes 2,088 shares acquired via the 2019 ESPP at a weighted average price of $4.26.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 665 shares ($4,316)
Net Sell
3 txns
Insider
Scimeca Dario
Role
General Counsel and Secretary
Sold
665 shs ($4K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 665 | $6.49 | $4K |
| Exercise | Restricted Stock Units | 1,835 | $0.00 | -- |
| Exercise | Common Stock | 1,835 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 28,258 shares (Direct);
Restricted Stock Units — 0 shares (Direct)
Footnotes (1)
- Represents the vesting 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 2,088 shares acquired under the Issuer's 2019 Employee Stock Purchase Plan at a weighted average price of $4.26. The sales were effected pursuant to a Rule 10b5-1 plan adopted on September 29, 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 did DTIL insider Dario Scimeca report on Form 4?
A vesting of 1,835 RSUs on November 2, 2025 and a sale of 665 shares on November 3, 2025 to cover taxes.
Was the sale under a Rule 10b5-1 plan?
Yes. The sales were executed under a Rule 10b5-1 plan adopted on September 29, 2025 as a sell-to-cover for tax withholding.
What is the insider’s DTIL beneficial ownership after the transactions?
Beneficial ownership is 28,258 shares, held directly.
What RSU grant terms are disclosed?
RSUs granted on November 2, 2022 vest in three substantially equal annual installments beginning November 2, 2023; they vested in full on November 2, 2025.