Rutul R. Shah, Chief Operating Officer of Precigen Inc., disposed of 50,000 shares of the company’s common stock in two transactions executed on August 21 and August 25, 2026, under a previously adopted Rule 10b5-1 trading plan. The sales totaled approximately $375,000 at a price of $7.50 per share.
The transactions followed Shah’s exercise of 50,000 fully vested stock options at an exercise price of $2.33 per share on the same dates. Additionally, Shah settled 7,500 restricted stock units on August 23, 2026, representing the right to receive an equivalent number of Precigen common shares. Precigen withheld 3,647 shares on August 23 to cover income tax obligations, valued at $7.20 each for a total of about $26,258.
Precigen’s stock closed at $7.28 on August 25, up 1.53% or $0.11, after reaching an intraday high of $7.45 in after-hours trading. The shares remain near the 52-week high of $7.55 and have delivered an 83% annual return, according to InvestingPro data.
The company reported second-quarter earnings of $0.05 per share, beating the expected loss of $0.01, alongside revenue of $54.98 million—nearly double the forecast of $27.83 million—and net income of $20.1 million, marking a return to profitability.
