Absci CFO has shares withheld for tax on RSU vesting
Absci Corp CFO/CBO Zachariah Jonasson reported a Form 4 transaction where 8,319 shares of common stock were withheld by the company at $6.75 per share to cover tax obligations from vesting restricted stock units.
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Rhea-AI Filing Summary
Absci Corp CFO/CBO Zachariah Jonasson reported a Form 4 transaction where 8,319 shares of common stock were withheld by the company at $6.75 per share to cover tax obligations from vesting restricted stock units.
The filing explains this was a tax-withholding disposition, not a discretionary market trade. After this withholding, Jonasson directly owns 491,464 shares of Absci common stock, showing he retains a substantial equity position in the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 8,319 | $6.75 | $56K |
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.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligation financial
tax-withholding disposition financial
non-derivative financial
FAQ
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What insider transaction did Absci Corp (ABSI) report for Zachariah Jonasson?
What does the tax-withholding disposition in Absci’s (ABSI) Form 4 mean for investors?
AI-generated analysis. How Rhea-AI works. Not financial advice.