Harry Jr. Thomasian

CFO Harry Jr. Thomasian sells 200,000 shares (36.1% of holdings) at blended $5.57; scheduled 10b5-1 plan

Harry Jr. Thomasian, PGEN's CFO, executed 2 separate sales totaling 200,000 (200.0K shares) for $1,113,142.75 ($1.1M) on 2026-06-29 and 2026-07-01 under a pre-arranged 10b5-1 trading plan. The sales reduced his holdings from 554,535 shares (554.5K shares) to 354,535 shares (354.5K shares), representing a -36.1% reduction in his position. Since this transaction is part of a scheduled 10b5-1 plan, it reflects a predetermined trading arrangement rather than discretionary action. The current stock price of $5.25 is -13.1% below the 52-week high of $6.04, and the insider's transaction prices (blended $5.57) were above current price, placing the sales at a premium to today's valuation. Context: the company is unprofitable (net income $-7.9M in latest quarter, full-year negative) despite strong revenue growth of +146.7% annually, which underscores the disconnect between growth and profitability that characterizes the business fundamentals.

CFO Thomasian buys 11,216 shares across 2 transactions (~$40.0K) at blended $3.57 amid 30-day decline of -23.5% and company-wide losses.

CFO Harry Thomasian Jr. executed 2 separate purchases totaling 11,216 shares for $40,015.52 at an average price of $3.57 per share on consecutive dates (2025-09-25 and 2025-09-26). This purchase occurred as the stock declined 23.5% over the preceding 30 days and now trades 26.3% below its 52-week high of $4.76. The company is unprofitable with a net loss of $26,642,000.00 in its most recent full fiscal year and reported a revenue decline of -74.1% year-over-year in the latest quarter (revenue $1.8M). The insider's post-transaction holdings of 468,626 shares represent a 2.5% increase relative to pre-transaction holdings of 457,410 shares. This acquisition by the CFO of a cash-burning company with deteriorating fundamentals—during a period of significant negative price momentum—requires close scrutiny of the company's strategic position and cash runway.