Acumen Pharmaceuticals (ABOS) CFO sells 6,888 shares in 10b5-1 trade
Rhea-AI Filing Summary
Acumen Pharmaceuticals CFO & Chief Business Officer Matt Zuga reported a small insider sale of company common stock. On January 8, 2026, he sold 6,888 shares at a weighted average price of $1.8166 per share, with individual trades executed between $1.72 and $1.95.
According to the disclosure, these shares were sold through an automatic “sell to cover” transaction to satisfy tax withholding obligations triggered by the vesting of restricted stock units. The transaction was made under a Rule 10b5-1 trading plan adopted on June 30, 2025. After this activity, Zuga beneficially owned 209,951 shares of Acumen Pharmaceuticals common stock.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Acumen Pharmaceuticals (ABOS) report for Matt Zuga?
The filing reports that Matt Zuga, CFO & Chief Business Officer of Acumen Pharmaceuticals, sold 6,888 shares of common stock on January 8, 2026.
At what prices did Matt Zuga sell Acumen Pharmaceuticals (ABOS) shares?
The shares were sold at a weighted average price of $1.8166 per share, in multiple trades at prices ranging from $1.72 to $1.95.
Why did the Acumen Pharmaceuticals (ABOS) CFO sell 6,888 shares?
The sale represents an automatic “sell to cover” transaction to satisfy tax withholding obligations arising from the vesting of restricted stock units.
Was the Acumen Pharmaceuticals (ABOS) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the transaction was executed under a Rule 10b5-1 trading plan that Matt Zuga adopted on June 30, 2025.
How many Acumen Pharmaceuticals (ABOS) shares does Matt Zuga own after this transaction?
Following the reported sale, Matt Zuga beneficially owned 209,951 shares of Acumen Pharmaceuticals common stock.
Is Matt Zuga’s ownership in Acumen Pharmaceuticals (ABOS) direct or indirect?
The Form 4 indicates that the reported holdings and the 6,888-share sale are direct ownership positions.