---
schema_version: "secwatch.filing_event.v1"
accession: "0001357874-25-000005"
form_type: "8-K"
ticker: "DTIL"
cik: "0001357874"
company_name: "PRECISION BIOSCIENCES INC"
filed_at: "2025-09-02T23:59:59+00:00"
generated_at: "2026-05-17T08:46:38.569678+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Precision BioSciences amends employment agreements with four top executives; adds escrow for severance

## Summary
- Amended agreements with CEO Michael Amoroso, CFO Alex Kelly, GC Dario Scimeca, and CRO Jeff Smith.
- Changes include current base salary, target bonus, lump-sum cash severance, and change-in-control/restructuring provisions.
- Cash severance and expenses must be funded in an escrow account with JPMorgan Chase; interest accrues to company.
- Unused funds return to Precision BioSciences; agreements are substantively similar to prior contracts.

## SEC filing metadata
- accession: 0001357874-25-000005
- form_type: 8-K
- ticker: DTIL
- cik: 0001357874
- company_name: PRECISION BIOSCIENCES INC
- filed_at: 2025-09-02T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1357874/000135787425000005/0001357874-25-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1357874/000135787425000005/dtil-20250826.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001357874-25-000005
- JSON: https://secwatch.observer/filing/0001357874-25-000005.json
- Plain text: https://secwatch.observer/filing/0001357874-25-000005.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.