Absci (ABSI) innovation chief buys 100K shares at $2.29 each
Rhea-AI Filing Summary
Absci Corp’s Chief Innovation Officer buys additional shares. Executive Andreas Busch reported an open-market purchase of 100,000 shares of Absci common stock at a price of $2.29 per share on March 12, 2026, in accordance with the company’s trading policies. This increased his direct ownership to 421,446 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 100,000 shares
Net Buy
1 txn
Insider
Busch Andreas
Role
Chief Innovation Officer
Bought
100,000 shs ($229K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 100,000 | $2.29 | $229K |
Holdings After Transaction:
Common Stock — 421,446 shares (Direct)
Footnotes (1)
- F1. Open market purchase of shares in accordance with Issuer's trading policies.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Absci (ABSI) report for Andreas Busch?
Absci reported that Chief Innovation Officer Andreas Busch bought 100,000 common shares. The open-market purchase occurred on March 12, 2026, at $2.29 per share, increasing his direct holdings to 421,446 shares according to the Form 4 filing.
What role does the insider in Absci’s latest Form 4 filing hold?
The insider in the latest Form 4 filing, Andreas Busch, serves as Absci’s Chief Innovation Officer. He is reported as an officer, not a director or 10% owner, and the filing details his open-market purchase of 100,000 common shares at $2.29 per share.