Acumen Pharmaceuticals (NASDAQ: ABOS) officer files Rule 10b5-1 tax sales
Rhea-AI Filing Summary
Acumen Pharmaceuticals officer James J. Doherty reported automatic sales of company stock to cover taxes tied to restricted stock unit vesting. On January 7, 2026, he sold 1,700 shares of common stock at a weighted average price of $1.9879, and on January 8, 2026 he sold 6,467 shares at a weighted average price of $1.8198, in each case through a Rule 10b5-1 trading plan.
The filing states that these were “sell to cover” transactions to satisfy tax withholding obligations and that Doherty held 54,033 shares of common stock directly after the second sale. It also notes that the reported beneficial ownership reflects a correction of a typographical error in a prior Form 4 that had overreported an RSU grant to Doherty by 400 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,467 | $1.8198 | $12K |
| Sale | Common Stock | 1,700 | $1.9879 | $3K |
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 ("RSUs") pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 30, 2025. The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $1.9550 to $2.0200. 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. Number of securities reported as beneficially owned by Mr. Doherty following the reported transaction reflects the correction of a typographical error in the Form 4 report filed January 7, 2025, which overreported the number of RSUs granted to Mr. Doherty on January 6, 2025, by 400 shares. The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $1.7200 to $1.9500. 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 insider transaction did Acumen Pharmaceuticals (ABOS) report for James J. Doherty?
The report shows that James J. Doherty, President and CDO of Acumen Pharmaceuticals, Inc., sold shares of common stock in two transactions on January 7 and 8, 2026, and held 54,033 shares directly after the second transaction.
Did the Acumen Pharmaceuticals (ABOS) Form 4 include any corrections to prior reports?
Yes. A footnote states that the number of securities reported as beneficially owned reflects the correction of a typographical error in a Form 4 filed on January 7, 2025, which had overreported an RSU grant to Doherty by 400 shares.
Was the Acumen Pharmaceuticals (ABOS) insider sale under a Rule 10b5-1 trading plan?
According to the filing, the “sell to cover” transactions were executed pursuant to a Rule 10b5-1 trading plan that the reporting person adopted on September 30, 2025.