Absci director awarded RSUs and stock options
Absci Corp director Karen K. McGinnis received new equity awards.
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Form Type
4
Rhea-AI Filing Summary
Absci Corp director Karen K. McGinnis received new equity awards. She was granted 10,100 Restricted Stock Units, each representing one share of common stock, increasing her direct common stock holdings to 48,420 shares. She also received stock options for 39,800 shares at an exercise price of $7.34 per share.
Both the RSUs and options vest in full on the earlier of the first anniversary of the grant date or Absci’s next annual stockholders’ meeting, conditioned on her continuous service to the company.
Insider Trade Summary
Grant/Award: 49,900 shares
Grant/Award
2 txns
Insider
MCGINNIS KAREN K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 39,800 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 10,100 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to buy) — 39,800 contracts (Direct);
Common Stock — 48,420 shares (Direct)
Footnotes (2)
- F1. The shares reported in this transaction represent Restricted Stock Units ("RSUs") issued under the Absci Corporation 2021 Stock Option and Incentive Plan. Each RSU represents the contingent right to receive one share of the Issuer's Common Stock. The RSUs shall vest and be settled in full on the earlier of (i) the first anniversary of the date of grant or (ii) the date of the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continuous service to the Issuer through such date.
- F2. The shares subject to this option vest and become exercisable in full on the earlier of (i) the first anniversary of the date of grant and (ii) the date of the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continuous service to the Issuer through such date.
Key Figures
RSUs granted: 10,100 units
Options granted: 39,800 options
Option exercise price: $7.34 per share
+3 more
6 metrics
RSUs granted
10,100 units
Restricted Stock Units granted to director on June 4, 2026
Options granted
39,800 options
Stock options granted to director on June 4, 2026
Option exercise price
$7.34 per share
Conversion or exercise price for stock options
Shares held after grant
48,420 shares
Total common shares directly owned following RSU grant
Underlying option shares
39,800 shares
Common stock underlying the granted stock options
Option expiration
June 3, 2036
Expiration date for the granted stock options
Key Terms
Restricted Stock Units, RSUs, Stock Option (right to buy), 2021 Stock Option and Incentive Plan, +1 more
5 terms
Restricted Stock Units financial
"The shares reported in this transaction represent Restricted Stock Units ("RSUs") issued under the Absci Corporation 2021 Stock Option and Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Each RSU represents the contingent right to receive one share of the Issuer's Common Stock."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Stock Option (right to buy) financial
"Stock Option (right to buy)"
2021 Stock Option and Incentive Plan financial
"RSUs issued under the Absci Corporation 2021 Stock Option and Incentive Plan."
continuous service financial
"subject to the Reporting Person's continuous service to the Issuer through such date."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Absci (ABSI) director Karen McGinnis receive in this Form 4?
Karen McGinnis received new equity awards from Absci, including Restricted Stock Units and stock options. These awards increase her direct ownership and align her compensation with Absci’s share performance over the coming service period.
How many RSUs did Absci (ABSI) grant to director Karen McGinnis?
Absci granted 10,100 Restricted Stock Units to director Karen McGinnis. Each RSU represents a contingent right to receive one share of common stock, subject to vesting and her continued service with the company through the vesting date.
What stock options were granted to Karen McGinnis by Absci (ABSI)?
Karen McGinnis received options covering 39,800 shares of Absci common stock at an exercise price of $7.34. These options give her the right to buy shares at that price once they are fully vested and exercisable under the grant terms.
When do Karen McGinnis’s new Absci (ABSI) RSUs and options vest?
Both the RSUs and stock options vest in full on the earlier of the first anniversary of the grant date or Absci’s next annual stockholders’ meeting, provided she maintains continuous service to the company through that vesting date.
What are Karen McGinnis’s Absci (ABSI) holdings after this Form 4?
After these awards, Karen McGinnis directly holds 48,420 shares of Absci common stock and stock options for 39,800 underlying shares. These positions reflect her updated equity stake reported as of the grant transaction date.
Under which plan were Karen McGinnis’s new Absci (ABSI) awards issued?
The Restricted Stock Units were issued under the Absci Corporation 2021 Stock Option and Incentive Plan. This plan governs equity-based compensation, including RSUs and options, designed to incentivize directors and other service providers through stock-based awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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