Absci (ABSI) Chief Innovation Officer has shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Absci Corp Chief Innovation Officer Andreas Busch reported a tax-related share disposition in a Form 4. On March 3, 2026, 1,257 shares of common stock at $2.80 per share were withheld by Absci to cover tax obligations from vesting restricted stock units. This reduced his directly held stake to 321,446 shares. According to the footnote, this was not a discretionary trade but an automatic tax-withholding transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Busch Andreas
Role
Chief Innovation Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,257 | $2.80 | $4K |
Holdings After Transaction:
Common Stock — 321,446 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Absci (ABSI) report for Andreas Busch?
Absci reported a tax-withholding share disposition for Andreas Busch. The company withheld 1,257 common shares upon RSU vesting to satisfy tax obligations, rather than Busch executing an open-market trade.
Was Andreas Busch’s Absci (ABSI) Form 4 transaction an open-market sale?
The Form 4 transaction was not an open-market sale. The shares were withheld by Absci to cover tax liabilities from restricted stock unit vesting, a non-discretionary tax-withholding disposition rather than a voluntary sale by Andreas Busch.
What role does Andreas Busch hold at Absci (ABSI) in this Form 4 filing?
In this Form 4 filing, Andreas Busch is identified as Absci’s Chief Innovation Officer. The reported transaction involves common shares withheld by the company to satisfy his tax obligations from vesting restricted stock units.