Acumen (ABOS) CMO logs 10b5-1 sell-to-cover stock sales
Rhea-AI Filing Summary
Acumen Pharmaceuticals Chief Medical Officer Eric Siemers reported small automatic stock sales to cover taxes related to equity vesting. On January 21, 2026, he sold 2,331 shares of common stock at a weighted average price of $1.8035, and on January 22, 2026, he sold an additional 895 shares at $1.82 per share. The filing explains these were automatic “sell to cover” transactions to satisfy tax withholding obligations from vesting restricted stock units under a Rule 10b5-1 trading plan adopted on September 3, 2024. After these sales, Siemers beneficially owned 255,371 shares of Acumen common stock directly.
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FAQ
What insider transaction did ABOS Chief Medical Officer Eric Siemers report?
Eric Siemers, Chief Medical Officer of Acumen Pharmaceuticals (ABOS), reported sales of 2,331 and 895 shares of common stock on January 21 and 22, 2026, respectively.
Why did Eric Siemers sell Acumen Pharmaceuticals (ABOS) shares?
The filing states the sales represent an automatic “sell to cover” to satisfy tax withholding obligations tied to vesting restricted stock units under a Rule 10b5-1 trading plan.
At what prices were the ABOS shares sold in this Form 4?
On January 21, 2026, 2,331 shares were sold at a weighted average price of $1.8035, and on January 22, 2026, 895 shares were sold at $1.82 per share.
How many ABOS shares does Eric Siemers own after these sales?
Following the reported transactions, Eric Siemers beneficially owned 255,371 shares of Acumen Pharmaceuticals common stock, held directly.
Is the weighted average sale price for the January 21, 2026 ABOS transaction detailed?
The Form 4 reports a weighted average sale price of $1.8035 for the 2,331 shares sold on January 21, 2026, with individual trades executed between $1.7600 and $1.8700.
What trading plan covered these ABOS insider sales?
The automatic sell-to-cover transactions were executed under a Rule 10b5-1 trading plan that Eric Siemers adopted on September 3, 2024.