Acumen Pharmaceuticals (ABOS) CEO logs Rule 10b5-1 tax sales Jan 2026
Rhea-AI Filing Summary
Acumen Pharmaceuticals, Inc. chief executive Daniel Joseph O’Connell reported automatic sales of company common stock to cover taxes on equity awards. On January 5, 6, and 7, 2026, he sold 4,649, 5,102, and 37,755 shares of Acumen common stock, respectively, at weighted average prices of $1.971, $1.9662, and $1.986 per share. The filing states these were sell-to-cover transactions to satisfy tax withholding obligations tied to the vesting of restricted stock units under a Rule 10b5-1 trading plan adopted on June 24, 2024. Following the latest reported sale, O’Connell beneficially owned 619,982 shares of Acumen common stock directly.
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FAQ
What insider transaction did Acumen Pharmaceuticals (ABOS) report on this Form 4?
The Form 4 reports that Daniel Joseph O’Connell, Acumen’s chief executive officer and a director, sold shares of Acumen Pharmaceuticals, Inc. common stock in three transactions on January 5, 6, and 7, 2026.
How many Acumen (ABOS) shares did the CEO sell and at what prices?
The CEO sold 4,649 shares at $1.971 on January 5, 5,102 shares at $1.9662 on January 6, and 37,755 shares at $1.986 on January 7, 2026. Each reported price is a weighted average sales price.
Why were these Acumen Pharmaceuticals CEO share sales executed?
According to the footnotes, the sales represent automatic sell-to-cover transactions to satisfy tax withholding obligations in connection with the vesting of restricted stock units under a Rule 10b5-1 trading plan adopted on June 24, 2024.
How many Acumen (ABOS) shares does the CEO own after these transactions?
After the reported January 7, 2026 transaction, Daniel Joseph O’Connell beneficially owned 619,982 shares of Acumen Pharmaceuticals, Inc. common stock, held directly.
Were the reported Acumen CEO stock sales part of a Rule 10b5-1 plan?
Yes. The filing explains that the transactions were executed under a Rule 10b5-1 trading plan adopted by the reporting person on June 24, 2024, in connection with tax withholding on restricted stock unit vesting.
Do the Form 4 footnotes provide details on Acumen (ABOS) share price ranges for these sales?
Yes. For each date, the footnotes state that the reported price is a weighted average and that shares were sold in multiple trades within ranges of $1.90 to $2.06, $1.94 to $2.00, and $1.95 to $2.03. The reporting person will provide the number of shares sold at each separate price upon request.