Absci (NASDAQ: ABSI) CFO reports new RSUs and stock option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Absci Corp CFO/CBO Zachariah Jonasson reported multiple equity compensation transactions. He received a grant of 135,400 shares of common stock in the form of restricted stock units under the 2021 Stock Option and Incentive Plan and a stock option covering 534,400 shares.
The RSUs and the option vest in three substantially equal annual installments starting on March 1, 2027, conditional on his continued service. A separate disposition of 10,848 common shares at $2.80 per share reflects shares withheld by Absci to cover tax obligations on RSU vesting and is not a discretionary trade. Following these events, he directly holds 499,783 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Jonasson Zachariah
Role
CFO / CBO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 10,848 | $2.80 | $30K |
| Grant/Award | Stock Option (right to buy) | 534,400 | $0.00 | -- |
| Grant/Award | Common Stock | 135,400 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 499,783 shares (Direct);
Stock Option (right to buy) — 534,400 shares (Direct)
Footnotes (1)
- The shares reported in this transaction represent Restricted Stock Units ("RSUs") issued under the Absci Corporation 2021 Stock Option and Incentive Plan. The RSUs shall vest and be settled in three substantially equal annual installments with the first such annual installment vesting on March 1, 2027, subject to the Reporting Person's continuous service to the Issuer on each such date. 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. The shares subject to this option shall vest and become exercisable over a three year period, in substantially equal annual installments with the first such installment vesting on March 1, 2027, subject to the Reporting Person's continuous service to the Issuer on each such date.
FAQ
What equity awards did Absci (ABSI) CFO Zachariah Jonasson report?
The CFO reported a grant of 135,400 restricted stock units and a stock option covering 534,400 shares. Both awards were issued under Absci’s 2021 Stock Option and Incentive Plan as part of his equity compensation package.
How do the new RSUs granted to Absci (ABSI) CFO vest?
The 135,400 RSUs vest in three substantially equal annual installments starting March 1, 2027. Vesting is subject to Zachariah Jonasson’s continuous service with Absci on each scheduled vesting date under the 2021 Stock Option and Incentive Plan.
Are the new Absci (ABSI) equity awards to the CFO tied to continued employment?
Yes. Both the RSUs and the stock option vest in three annual installments beginning March 1, 2027, and each installment requires the CFO’s continuous service with Absci on the applicable vesting date, aligning incentives with ongoing employment.