ABOS CLO exercises options and sells 9,406 shares
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Rhea-AI Filing Summary
Acumen Pharmaceuticals Chief Legal Officer Derek M. Meisner exercised employee stock options for 9,406 shares of common stock at a price of $1.85 per share and immediately sold 9,406 common shares in an open-market transaction at a weighted average price of $3.0099 per share. These sales occurred automatically under a Rule 10b5-1 trading plan adopted on March 29, 2025.
After these transactions, Meisner directly owned 173,999 shares of common stock and held 73,138 shares underlying employee stock options. The options vest in 48 equal monthly installments from the grant date, subject to continuous service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 9,406 | $0.00 | $0.00 |
| Exercise | Common Stock | 9,406 | $1.85 | $17K |
| Sale | Common Stock | 9,406 | $3.0099 | $28K |
Footnotes (3)
- F1. The reported sales occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 29, 2025.
- F2. The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $3.0000 to $3.0300. 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.
- F3. The shares subject to the employee stock option vest in 48 equal monthly installments starting on the date the option was granted, such that the option will be fully vested on the fourth anniversary of the date of grant, subject to the Reporting Person's continuous service through each such vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did ABOS executive Derek Meisner report on this Form 4?
Was the ABOS insider stock sale by Derek Meisner part of a 10b5-1 trading plan?
How do Derek Meisner’s ABOS employee stock options vest over time?
What is the nature of the derivative transaction reported by ABOS insider Derek Meisner?
AI-generated analysis. How Rhea-AI works. Not financial advice.