Absci SVP has shares withheld for RSU taxes
Absci Corp officer Todd Bedrick reported an automatic share withholding related to equity compensation.
Rhea-AI Filing Summary
Absci Corp officer Todd Bedrick reported an automatic share withholding related to equity compensation. On 02/02/2026, 3,659 shares of common stock at $2.99 per share were withheld by Absci to cover tax obligations from vesting restricted stock units. After this tax withholding, Bedrick directly beneficially owned 172,624 common shares. The footnote clarifies this was not a discretionary trade or open-market sale by the reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 3,659 shares
Exercise Price or Tax Liability
1 txn
Insider
Bedrick Todd
Role
SVP, CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,659 | $2.99 | $11K |
Holdings After Transaction:
Common Stock — 172,624 shares (Direct)
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ABSI executive Todd Bedrick report?
Todd Bedrick reported an automatic tax-related share withholding, not an open-market trade. Absci withheld 3,659 common shares upon vesting of restricted stock units to satisfy tax obligations, as disclosed in the Form 4 footnote, rather than Bedrick choosing to sell shares.
Was Todd Bedrick’s ABSI Form 4 transaction a discretionary sale?
No, the transaction was not discretionary. The Form 4 footnote explains the 3,659 shares were withheld by Absci solely to cover tax withholding related to vesting restricted stock units, meaning Bedrick did not choose to sell shares on the open market.
What role does Todd Bedrick hold at Absci (ABSI) in this Form 4 filing?
In this Form 4, Todd Bedrick is identified as an officer of Absci, serving as Senior Vice President and Chief Accounting Officer. The filing clarifies his status as an officer but not a director or 10% owner in relation to this reported equity transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.