Absci director awarded RSUs and options
Pangalos Menelas N reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Pangalos Menelas N reported acquisition or exercise transactions in this Form 4 filing.
Absci Corp director Menelas N. Pangalos reported equity awards tied to his role on the company’s scientific advisory board. He received stock options for 22,800 shares and a grant of 5,800 Restricted Stock Units (RSUs), both at no cash cost per share.
The RSUs are scheduled to vest and settle over one year beginning on January 1, 2026, in substantially equal monthly installments, conditioned on his continuous service. The stock options follow the same one-year, monthly vesting schedule starting on that date. Following the RSU grant, his directly held common stock position is 194,855 shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 22,800 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 5,800 | $0.00 | $0.00 |
Footnotes (2)
- F1. The shares reported in this transaction represent Restricted Stock Units ("RSUs") issued under the Absci Corporation 2021 Stock Option and Incentive Plan in connection with service as a member of the scientific advisory board. The RSUs shall vest and be settled in full over a one year period beginning January 1, 2026, in substantially equal monthly installments, subject to the Reporting Person's continuous service through each vesting date.
- F2. The shares subject to this option issued in connection with service as a member of the scientific advisory board shall vest and become exercisable over a one year period beginning January 1, 2026, in substantially equal monthly installments, subject to the Reporting Person's continuous service through each vesting date.
FAQ
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What insider transactions did Absci (ABSI) director Menelas N. Pangalos report?
How do the Absci (ABSI) RSU awards to Menelas N. Pangalos vest?
What are the terms of the Absci (ABSI) stock options granted to Menelas N. Pangalos?
What is Menelas N. Pangalos’s Absci (ABSI) common stock holding after these transactions?
Are the Absci (ABSI) equity awards to Menelas N. Pangalos tied to his ongoing service?
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