Absci CFO has 17,496 shares withheld for taxes
Absci Corp executive Zachariah Jonasson, the company’s CFO and CBO, reported a tax-related share disposition.
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Rhea-AI Filing Summary
Absci Corp executive Zachariah Jonasson, the company’s CFO and CBO, reported a tax-related share disposition. On this Form 4/A, 17,496 shares of common stock were withheld by Absci at a price of $2.99 per share to satisfy tax obligations tied to vesting restricted stock units. After this withholding transaction, Jonasson directly owned 383,538 common shares. The footnote explains that this was not a discretionary trade by Jonasson but an automatic share withholding to cover taxes.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 17,496 | $2.99 | $52K |
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 (ABSI) CFO Zachariah Jonasson report on this Form 4/A?
Was the Absci (ABSI) CFO’s Form 4/A transaction a discretionary stock sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.