Acumen CLO exercises options, sells 2,090 shares
Acumen Pharmaceuticals’ Chief Legal Officer Derek M. Meisner exercised employee stock options for 2,090 shares of common stock at $1.85 per share and sold the same 2,090 shares at $3.26 per share.
Rhea-AI Filing Summary
Acumen Pharmaceuticals’ Chief Legal Officer Derek M. Meisner exercised employee stock options for 2,090 shares of common stock at $1.85 per share and sold the same 2,090 shares at $3.26 per share.
These transactions were carried out automatically under a pre-arranged Rule 10b5-1 trading plan adopted on March 29, 2025. After the sale, Meisner directly holds 173,999 shares of Acumen common stock, indicating this was a relatively small, routine liquidity event.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 2,090 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,090 | $1.85 | $4K |
| Sale | Common Stock | 2,090 | $3.26 | $7K |
Footnotes (2)
- 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 shares subject to the option will vest in 48 equal monthly installments such that the option is 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
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What insider transactions did Acumen Pharmaceuticals (ABOS) report for Derek Meisner?
Was the recent Acumen Pharmaceuticals (ABOS) insider sale pre-planned?
What type of derivative security did the Acumen (ABOS) insider exercise?
What does the Rule 10b5-1 plan mean for Acumen (ABOS) investors?
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