Acumen (NASDAQ: ABOS) CEO O’Connell sells shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Acumen Pharmaceuticals Chief Executive Officer and director Daniel Joseph O’Connell reported automatic share sales tied to tax withholding. On January 8, 9 and 12, 2026, he sold 8,143, 12,941 and 5,388 shares of Acumen Pharmaceuticals common stock, respectively, at weighted average prices of $1.8194, $1.7643 and $1.7273 per share.
According to the footnotes, these transactions represent automatic “sell to cover” trades to satisfy tax withholding obligations upon vesting of restricted stock units, pursuant to a Rule 10b5-1 trading plan adopted on June 27, 2025. After these sales, O’Connell beneficially owned 593,510 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 26,472 shares ($46,954)
Net Sell
3 txns
Insider
OConnell Daniel Joseph
Role
Chief Executive Officer
Sold
26,472 shs ($47K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,388 | $1.7273 | $9K |
| Sale | Common Stock | 12,941 | $1.7643 | $23K |
| Sale | Common Stock | 8,143 | $1.8194 | $15K |
Holdings After Transaction:
Common Stock — 593,510 shares (Direct)
Footnotes (1)
- Represents the number of shares sold by the Reporting Person through an automatic "sell to cover" transaction to satisfy tax withholding obligations in connection with the vesting of restricted stock units pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 27, 2025. The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $1.7200 to $1.8700. 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 price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $1.7100 to $1.8100. 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 price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $1.6700 to $1.8400. 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.
FAQ
What did Acumen Pharmaceuticals (ABOS) CEO Daniel O’Connell report on this Form 4?
The Form 4 reports that Chief Executive Officer and director Daniel Joseph O’Connell sold shares of Acumen Pharmaceuticals common stock in several transactions and now beneficially owns 593,510 shares directly.
What is the Rule 10b5-1 trading plan mentioned in the Acumen (ABOS) Form 4?
The filing explains the shares were sold pursuant to a Rule 10b5-1 trading plan, described as a contract, instruction or written plan for trading equity securities intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
When was the Acumen (ABOS) CEO’s 10b5-1 plan adopted?
The footnote states that the Rule 10b5-1 trading plan under which the shares were sold was adopted by the reporting person on June 27, 2025.