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.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 37,755 | $1.986 | $75K |
| Sale | Common Stock | 5,102 | $1.9662 | $10K |
| Sale | Common Stock | 4,649 | $1.971 | $9K |
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 pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 24, 2024. The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $1.9000 to $2.0600. 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. The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $1.9500 to $2.0300. 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 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.
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.