AbCellera Biologics (ABCL) director logs 50,000-share charitable stock donation
Rhea-AI Filing Summary
AbCellera Biologics Inc. director Michael R. Hayden reported a bona fide charitable gift of 50,000 Common Shares on August 11, 2026. The donation was made by Genworks 2 Consulting, Inc., which now holds 1,273,397 Common Shares. These shares are held with sole voting and investment power by the reporting person’s spouse, and the reporting person disclaims beneficial ownership except for any indirect pecuniary interest. A separate indirect holding of 118,245 Common Shares is reported as held by the spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 50,000 shares
Net Sell
2 txns
Insider
Hayden Michael R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Shares F1, F2 | 50,000 | $0.00 | $0.00 |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 1,273,397 shares (Indirect, See footnote);
Common Shares — 118,245 shares (Indirect, By spouse)
Footnotes (2)
- F1. This transaction represents a charitable donation of 50,000 common shares made by Genworks 2 Consulting, Inc. on August 11, 2026.
- F2. These shares are held by Genworks 2 Consulting, Inc. The Reporting Person's spouse has sole voting and investment power with respect to the shares held by Genworks 2 Consulting, Inc. The reporting person disclaims beneficial ownership of such securities, except to the extent of his indirect pecuniary interest, if any, therein.
Key Figures
Charitable gift: 50,000 Common Shares
Gift price per share: $0.0000
Genworks 2 holdings: 1,273,397 Common Shares
+1 more
4 metrics
Charitable gift
50,000 Common Shares
Bona fide gift on August 11, 2026 by Genworks 2 Consulting, Inc.
Gift price per share
$0.0000
Reported transaction price per share for the 50,000-share gift
Genworks 2 holdings
1,273,397 Common Shares
Indirect holdings following the charitable gift transaction
Spouse indirect holdings
118,245 Common Shares
Separate indirect position reported as held by spouse
Key Terms
bona fide gift, indirect pecuniary interest, sole voting and investment power
3 terms
bona fide gift financial
"The transaction code description states it is a bona fide gift."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect pecuniary interest financial
"The reporting person disclaims beneficial ownership except for any indirect pecuniary interest."
sole voting and investment power financial
"The reporting person’s spouse has sole voting and investment power over the shares."
FAQ
What insider transaction did AbCellera Biologics Inc. (ABCL) report on August 11, 2026?
AbCellera Biologics Inc. reported that director Michael R. Hayden made a bona fide charitable gift of 50,000 Common Shares on August 11, 2026 through Genworks 2 Consulting, Inc., an entity associated with his spouse.
What are Michael R. Hayden’s indirect holdings in AbCellera (ABCL) after the reported gift?
After the transaction, Genworks 2 Consulting, Inc. is reported holding 1,273,397 Common Shares indirectly, and a separate indirect position of 118,245 Common Shares is reported as held by the spouse, both attributed as indirect ownership.
Was the AbCellera (ABCL) gift transaction executed under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as relying on such a plan. There is no footnote stating that the 50,000-share charitable gift was executed pursuant to a Rule 10b5-1 trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
