Absci (ABSI) director Joseph Sirosh awarded RSUs and 39,800-share option
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Absci Corp director Joseph Sirosh received new equity awards. He was granted 10,100 Restricted Stock Units, each representing one share of common stock, and a stock option for 39,800 shares at an exercise price of $7.34 per share.
The RSUs and options each vest in full on the earlier of the first anniversary of the grant date or Absci’s next annual stockholder meeting, as long as he continues serving the company. After the RSU grant, Sirosh directly holds 33,420 common shares, and he now also holds the new option award.
Positive
- None.
Negative
- None.
Insights
Routine director RSU and option grants, service-based vesting, neutral signal.
Absci granted director Joseph Sirosh 10,100 RSUs and a stock option over 39,800 shares at $7.34. Both awards vest in a single tranche after roughly one year or at the next annual meeting, contingent on continued board service.
These are standard board compensation structures, paid entirely in equity with no cash outlay from the director at grant. There are no open‑market purchases or sales here, so the filing reflects routine compensation rather than an active bullish or bearish trading view.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sirosh Joseph
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 39,800 | $0.00 | -- |
| Grant/Award | Common Stock | 10,100 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 39,800 shares (Direct, null);
Common Stock — 33,420 shares (Direct, null)
Footnotes (1)
- The shares reported in this transaction represent Restricted Stock Units ("RSUs") issued under the Absci Corporation 2021 Stock Option and Incentive Plan. Each RSU represents the contingent right to receive one share of the Issuer's Common Stock. The RSUs shall vest and be settled in full on the earlier of (i) the first anniversary of the date of grant or (ii) the date of the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continuous service to the Issuer through such date. The shares subject to this option vest and become exercisable in full on the earlier of (i) the first anniversary of the date of grant or (ii) the date of the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continuous service to the Issuer through such date.
Key Figures
RSU grant size: 10,100 shares
Stock option grant size: 39,800 shares
Option exercise price: $7.34 per share
+4 more
7 metrics
RSU grant size
10,100 shares
Restricted Stock Units granted to director on June 4, 2026
Stock option grant size
39,800 shares
Option over common stock granted on June 4, 2026
Option exercise price
$7.34 per share
Stock option strike price for 39,800 shares
Shares held after RSU grant
33,420 shares
Director’s direct common stock holdings following grant
Option expiration date
June 3, 2036
Expiration of 39,800-share stock option
RSU vesting condition
Earlier of 1-year anniversary or next annual meeting
Subject to continuous service through vesting date
Option vesting condition
Earlier of 1-year anniversary or next annual meeting
Option becomes fully exercisable at that time
Key Terms
Restricted Stock Units, RSUs, Stock Option (right to buy), exercise price, +2 more
6 terms
Restricted Stock Units financial
"The shares reported in this transaction represent Restricted Stock Units ("RSUs") issued under the Absci Corporation 2021 Stock Option and Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Each RSU represents the contingent right to receive one share of the Issuer's Common Stock."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Stock Option (right to buy) financial
"The shares subject to this option vest and become exercisable in full on the earlier of (i) the first anniversary of the date of grant or (ii) the date of the Issuer's next annual meeting of stockholders."
exercise price financial
"conversion_or_exercise_price": "7.3400""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vest and be settled in full financial
"The RSUs shall vest and be settled in full on the earlier of (i) the first anniversary of the date of grant or (ii) the date of the Issuer's next annual meeting of stockholders."
continuous service financial
"subject to the Reporting Person's continuous service to the Issuer through such date."
FAQ
What equity awards did Absci (ABSI) director Joseph Sirosh receive?
Director Joseph Sirosh received 10,100 Restricted Stock Units and a stock option for 39,800 shares of Absci common stock. The option has a strike price of $7.34 per share and both awards are part of his board compensation.
How do Joseph Sirosh’s new RSUs at Absci (ABSI) vest?
The 10,100 RSUs granted to Joseph Sirosh vest and settle in full on the earlier of the first anniversary of the grant date or Absci’s next annual stockholders’ meeting, provided he continues to serve the company through that date.
What are the key terms of Joseph Sirosh’s new stock option at Absci (ABSI)?
Joseph Sirosh received a stock option covering 39,800 Absci common shares at an exercise price of $7.34 per share. The option vests in full on the earlier of the first anniversary of grant or the next annual meeting and expires on June 3, 2036.