Absci executive has shares withheld for RSU taxes
Absci Corp’s Chief Innovation Officer, Andreas Busch, reported an automatic share withholding related to equity compensation.
Rhea-AI Filing Summary
Absci Corp’s Chief Innovation Officer, Andreas Busch, reported an automatic share withholding related to equity compensation. On February 3, 2026, 1,469 shares of common stock were withheld by the company at $2.99 per share to satisfy tax obligations from vesting restricted stock units.
Following this tax-withholding event, Busch beneficially owns 322,703 shares of Absci common stock directly. According to the footnote, this transaction did not represent a discretionary trade or open-market sale by the insider.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,469 | $2.99 | $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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Absci (ABSI) Form 4 filing report for Andreas Busch?
Was the Andreas Busch Absci (ABSI) Form 4 transaction an open-market sale?
What does transaction code F mean in the Absci (ABSI) Form 4 for Andreas Busch?
What was the price used for the tax withholding in the Absci (ABSI) Form 4?
What role does Andreas Busch hold at Absci (ABSI) in this Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.