Absci CEO reports tax-withheld 26,761 shares
Absci Corp Chief Executive Officer Sean McClain reported a tax-related share disposition connected to vesting restricted stock units.
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Rhea-AI Filing Summary
Absci Corp Chief Executive Officer Sean McClain reported a tax-related share disposition connected to vesting restricted stock units. The company withheld 26,761 shares of common stock at a price of $2.99 per share to satisfy withholding obligations, and McClain held 8,334,567 shares directly afterward. The filing specifies this was a tax-withholding event, not a discretionary trade.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 26,761 | $2.99 | $80K |
Footnotes (1)
- F1. Amount reported represents the number of shares withheld by the Issuer to cover the tax withholding obligation in connection with the vesting of these restricted stock units and does not represent a discretionary trade by the reporting person.
FAQ
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What insider transaction did Absci Corp (ABSI) report in this Form 4/A?
Was the Absci (ABSI) CEO’s Form 4/A transaction a discretionary stock sale?
What does transaction code "F" mean in the Absci (ABSI) CEO’s Form 4/A?
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