Absci insider shares withheld for RSU taxes
Absci Corp Chief Innovation Officer Andreas Busch reported a tax-related share disposition in a Form 4.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,257 | $2.80 | $4K |
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
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What insider transaction did Absci (ABSI) report for Andreas Busch?
Was Andreas Busch’s Absci (ABSI) Form 4 transaction an open-market sale?
What role does Andreas Busch hold at Absci (ABSI) in this Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.