Precision BioSciences (DTIL) counsel sells 8,854 shares in RSU tax trade
Rhea-AI Filing Summary
Precision BioSciences (DTIL) reported insider equity activity by its General Counsel and Secretary, Dario Scimeca. On January 20, 2026, several tranches of Restricted Stock Units (RSUs) vested, resulting in the issuance of 1,978, 8,425 and 14,908 shares of common stock at an exercise price of $0 per share. These RSUs were granted in 2023 and 2024 and vest in three substantially equal annual installments, subject to continued service.
On January 21, 2026, Scimeca sold 8,854 shares of Precision BioSciences common stock at $4.03 per share in a transaction coded as a sale. According to the disclosure, this was a Rule 10b5-1 sell-to-cover transaction, with shares sold only to satisfy tax withholding and related fees arising from the RSU vesting. After these transactions, Scimeca directly held 44,715 shares of common stock.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,854 | $4.03 | $36K |
| Exercise | Restricted Stock Units | 1,978 | $0.00 | -- |
| Exercise | Restricted Stock Units | 8,425 | $0.00 | -- |
| Exercise | Restricted Stock Units | 14,908 | $0.00 | -- |
| Exercise | Common Stock | 1,978 | $0.00 | -- |
| Exercise | Common Stock | 8,425 | $0.00 | -- |
| Exercise | Common Stock | 14,908 | $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 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 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 disclose for Dario Scimeca?
Precision BioSciences (DTIL) disclosed that General Counsel and Secretary Dario Scimeca had RSUs vest on January 20, 2026, and sold 8,854 shares of common stock on January 21, 2026 at $4.03 per share.
What RSUs vested for DTIL General Counsel Dario Scimeca on January 20, 2026?
On January 20, 2026, RSU awards covering 1,978, 8,425, and 14,908 underlying shares vested, each RSU representing the right to receive one share of Precision BioSciences common stock.
What are the vesting terms of Dario Scimeca’s RSU grants at Precision BioSciences?
The RSU grants from January 20, 2023, April 18, 2024, and August 22, 2024 vest in three substantially equal annual installments, beginning on either January 20, 2024 or January 20, 2025, subject to continued service.