Acumen Pharmaceuticals (ABOS) director sells 32,300 shares after exercising options
Rhea-AI Filing Summary
Acumen Pharmaceuticals director Derrell Porter reported a series of option exercises and matching share sales in Common Stock. On June 15–17, 2026, he exercised options for a total of 19,500 shares at $1.07 per share and sold 32,300 shares in open-market transactions at weighted average prices around $2.32 per share, with individual trades ranging from $2.305 to $2.345. Following these transactions, Porter directly holds 35,500 shares of Acumen Pharmaceuticals Common Stock. The options exercised had vested in full on the date of the 2026 annual stockholder meeting.
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Insights
Director exercised vested options for 19,500 shares and sold 32,300 shares, leaving a 35,500-share holding.
The filing shows Derrell Porter using vested stock options to acquire Acumen Pharmaceuticals Common Stock at a strike price of $1.07 per share, then selling more shares than he exercised at market prices around $2.32. This is a classic exercise-and-sell pattern, converting equity awards into cash.
Because total reported sales of 32,300 shares exceed the 19,500 shares acquired through exercises, Porter’s overall share position declined, though he still directly holds 35,500 shares. Trades were executed across multiple prices between $2.305 and $2.345, with no indication in the excerpt of a pre-arranged Rule 10b5-1 plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 13,040 | $0.00 | -- |
| Exercise | Common Stock | 13,040 | $1.07 | $14K |
| Sale | Common Stock | 13,040 | $2.325 | $30K |
| Sale | Common Stock | 12,800 | $2.326 | $30K |
| Exercise | Stock Option (right to buy) | 6,460 | $0.00 | -- |
| Exercise | Common Stock | 6,460 | $1.07 | $7K |
| Sale | Common Stock | 6,460 | $2.345 | $15K |
Footnotes (1)
- The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $2.305 to $2.345. 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 shares subject to the option vested in full on the date of the 2026 annual stockholder meeting.