Acumen CEO O’Connell sells shares to cover taxes
Acumen Pharmaceuticals Chief Executive Officer and director Daniel Joseph O’Connell reported automatic share sales tied to tax withholding.
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
| 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 |
Footnotes (4)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. 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
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