Absci (ABSI) Chief Innovation Officer has 1,469 shares withheld for RSU tax
Filing Impact
Filing Sentiment
Form Type
4
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.
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 | 1,469 | $2.99 | $4K |
Holdings After Transaction:
Common Stock — 322,703 shares (Direct)
Footnotes (1)
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FAQ
What does the Absci (ABSI) Form 4 filing report for Andreas Busch?
The Form 4 reports that Absci’s Chief Innovation Officer, Andreas Busch, had 1,469 common shares withheld at $2.99 per share. These shares were withheld to cover tax obligations from restricted stock unit vesting, rather than representing a discretionary sale in the open market.
Was the Andreas Busch Absci (ABSI) Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The filing states the 1,469 shares were withheld by Absci to cover tax withholding obligations tied to vesting restricted stock units, meaning Busch did not choose to sell the shares on the market.
What does transaction code F mean in the Absci (ABSI) Form 4 for Andreas Busch?
Transaction code F indicates shares were withheld to pay taxes on the vesting of equity awards. In this case, Absci withheld 1,469 shares of common stock from Andreas Busch to satisfy tax obligations on his restricted stock unit vesting.
What was the price used for the tax withholding in the Absci (ABSI) Form 4?
The shares withheld for taxes were valued at $2.99 per share. Absci used this price when withholding 1,469 common shares from Andreas Busch to cover the tax withholding obligation arising from the vesting of restricted stock units.
What role does Andreas Busch hold at Absci (ABSI) in this Form 4 filing?
In the Form 4, Andreas Busch is identified as Absci’s Chief Innovation Officer. The filing reports his equity compensation-related share withholding, reflecting his position as an executive officer rather than a director or 10% beneficial owner.