ABSI insider filing: CEO reports RSU tax withholding (23,293)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Absci (ABSI) CEO and Director reported a routine tax withholding on restricted stock unit vesting. On 10/14/2025, 23,293 shares of common stock were withheld at $3.68 per share under transaction code F, which reflects shares withheld to satisfy taxes and not an open-market trade.
Following this event, the reporting person beneficially owned 8,361,328 shares directly. An additional 2,269,987 shares are held by Brittany McClain and are subject to a voting agreement and proxy that entitles the reporting person to vote those shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
McClain Sean
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 23,293 | $3.68 | $86K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,361,328 shares (Direct);
Common Stock — 2,269,987 shares (Indirect, See footnote)
Footnotes (1)
- 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. These shares are held by Brittany McClain and are subject to a voting agreement and proxy pursuant to which the Reporting Person is entitled to vote such shares on all matters presented to the Issuer's stockholders for approval. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, if any.
FAQ
What did ABSI's Form 4 report?
The CEO and Director reported a tax withholding related to RSU vesting, with 23,293 shares withheld at $3.68 under code F.
Was this an open-market sale by ABSI’s CEO?
No. Footnote 1 states the shares were withheld to cover taxes on vesting and were not a discretionary trade.
What does transaction code F mean on Form 4 for ABSI?
Code F indicates shares were withheld by the issuer to satisfy tax obligations upon RSU vesting.
What is the transaction date on ABSI’s Form 4?
The transaction date is 10/14/2025.