Precision BioSciences (DTIL) CFO sells 15,213 shares in Rule 10b5-1 tax-cover trade
Rhea-AI Filing Summary
Precision BioSciences Chief Financial Officer John Alexander Kelly reported routine equity compensation activity. On January 20, 2026, previously granted Restricted Stock Units vested, resulting in the delivery of 3,888, 13,900, and 26,575 shares of common stock, each RSU converting into one share. On January 21, 2026, Kelly sold 15,213 shares of common stock at $4.03 per share under a pre-established Rule 10b5-1 trading plan. The sale was a sell-to-cover transaction, with shares sold only to cover tax withholding obligations and related fees tied to the RSU vesting. After these transactions, Kelly directly held 106,448 shares of Precision BioSciences common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 15,213 | $4.03 | $61K |
| Exercise | Restricted Stock Units | 3,888 | $0.00 | -- |
| Exercise | Restricted Stock Units | 13,900 | $0.00 | -- |
| Exercise | Restricted Stock Units | 26,575 | $0.00 | -- |
| Exercise | Common Stock | 3,888 | $0.00 | -- |
| Exercise | Common Stock | 13,900 | $0.00 | -- |
| Exercise | Common Stock | 26,575 | $0.00 | -- |
Footnotes (1)
- Represents the vesting of Restricted Stock Units ("RSUs") on January 20, 2026. 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 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 January 20, 2023 the Reporting Person was granted RSUs, which vested in three substantially equal annual installments beginning on January 20, 2024, subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates. On April 18, 2024 the Reporting Person was granted RSUs, which vest in three substantially equal annual installments beginning on January 20, 2025, subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates. On August 22, 2024 the Reporting Person was granted RSUs, which vest in three substantially equal annual installments beginning on January 20, 2025, subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates.
FAQ
What insider transaction did DTIL's CFO report on this Form 4?
What RSU activity did Precision BioSciences’ CFO report?
What grants underlie the DTIL CFO’s RSU vesting in this filing?