Acumen Pharmaceuticals (NASDAQ: ABOS) officer share sales disclosed
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Acumen Pharmaceuticals Chief Legal Officer and Corporate Secretary Derek Meisner reported several sales of common stock in early January 2026. On January 5 and 6, he sold blocks of shares, including 4,000 shares at $1.9595 and 7,097 shares at $1.9672 per share. Some of these transactions were automatic “sell to cover” sales to pay tax withholding tied to vesting restricted stock units under a Rule 10b5-1 trading plan adopted in May 2024.
Additional sales on January 6 and 7 were made under a separate Rule 10b5-1 trading plan adopted in March 2025, with prices such as $1.9670, $1.9876 and $1.9896 per share. After the reported transactions, Meisner directly beneficially owned 134,459 shares of Acumen Pharmaceuticals common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 26,668 shares ($52,690)
Net Sell
5 txns
Insider
Meisner Derek M
Role
Chief Legal Officer & Corp Sec
Sold
26,668 shs ($53K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,700 | $1.9876 | $3K |
| Sale | Common Stock | 10,070 | $1.9896 | $20K |
| Sale | Common Stock | 7,097 | $1.9672 | $14K |
| Sale | Common Stock | 3,801 | $1.967 | $7K |
| Sale | Common Stock | 4,000 | $1.9595 | $8K |
Holdings After Transaction:
Common Stock — 144,529 shares (Direct)
Footnotes (1)
- Represents the number of shares sold by the Reporting Person through an automatic "sell to cover" transaction to satisfy tax withholding obligations in connection with the vesting of restricted stock units ("RSUs") pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 15, 2024. The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $1.9200 to $1.9750. Upon request, the Reporting Person will provide to the staff of the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $1.9400 to $2.0000. Upon request, the Reporting Person will provide to the staff of the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Represents the number of shares sold by the Reporting Person pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 29, 2025. Represents the number of shares sold by the Reporting Person through an automatic "sell to cover" transaction to satisfy tax withholding obligations in connection with the vesting of RSUs pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 29, 2025. The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $1.9600 to $2.0200. Upon request, the Reporting Person will provide to the staff of the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $1.9500 to $2.0250. Upon request, the Reporting Person will provide to the staff of the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
FAQ
What insider activity did Acumen Pharmaceuticals (ABOS) report in this Form 4?
The Form 4 reports that Derek Meisner, Acumen Pharmaceuticals' Chief Legal Officer and Corporate Secretary, sold multiple blocks of common stock on January 5, 6 and 7, 2026.
Were the Acumen Pharmaceuticals insider sales under a Rule 10b5-1 trading plan?
Yes. The Form 4 states that some sales were made under Rule 10b5-1 trading plans adopted by Derek Meisner on May 15, 2024 and March 29, 2025.
What does 'sell to cover' mean in this Acumen Pharmaceuticals Form 4?
The filing explains that certain sales represent automatic "sell to cover" transactions meant to satisfy tax withholding obligations arising from the vesting of restricted stock units.