Acumen Pharmaceuticals (NASDAQ: ABOS) CFO sells shares to cover taxes
Rhea-AI Filing Summary
Acumen Pharmaceuticals, Inc. executive stock activity: CFO & Chief Business Officer Matt Zuga reported several sales of Acumen common stock. On January 5, 2026, he sold 4,000 shares at a weighted average price of $1.9606. On January 6, 2026, he sold 5,100 shares at a weighted average price of $1.9662. On January 7, 2026, he sold 4,105 shares at a weighted average price of $1.995 and an additional 1,700 shares at a weighted average price of $1.9862. Footnotes explain that the 4,000- and 1,700-share sales were automatic “sell to cover” transactions to satisfy tax withholding on vesting RSUs under Rule 10b5-1 trading plans adopted on August 30, 2024 and June 30, 2025. After these transactions, he beneficially owned 216,839 shares of Acumen common stock directly.
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FAQ
Who is the insider in Acumen Pharmaceuticals (ABOS) latest Form 4?
The insider is Matt Zuga, who serves as CFO & Chief Business Officer of Acumen Pharmaceuticals, Inc.
How many Acumen (ABOS) shares did the CFO sell in January 2026?
Across January 5–7, 2026, CFO Matt Zuga reported sales of 4,000, 5,100, 4,105, and 1,700 shares of Acumen common stock in separate transactions.
At what prices were the Acumen (ABOS) shares sold by the CFO?
The reported weighted average sale prices were $1.9606, $1.9662, $1.995, and $1.9862 per share, each representing multiple trades within stated price ranges.
Why did the Acumen (ABOS) CFO sell shares according to the Form 4 footnotes?
The footnotes state that the 4,000- and 1,700-share transactions were automatic “sell to cover” sales to satisfy tax withholding obligations related to vesting RSUs under Rule 10b5-1 trading plans.
What Rule 10b5-1 trading plans are mentioned in the Acumen (ABOS) Form 4?
The Form 4 notes Rule 10b5-1 trading plans adopted by the reporting person on August 30, 2024 and June 30, 2025 in connection with RSU vesting and tax withholding.
How many Acumen (ABOS) shares does the CFO own after these transactions?
Following the reported sales, CFO Matt Zuga beneficially owned 216,839 shares of Acumen Pharmaceuticals common stock directly.
Are the Acumen (ABOS) CFO’s January 2026 stock sales direct or indirect holdings?
The transactions are reported as direct (D) ownership, with no nature of indirect beneficial ownership indicated.