ABSI Insider Report: CFO Withheld 8,319 Shares for Taxes
Rhea-AI Filing Summary
Absci Corporation insider report: This Form 4 shows that Zachariah Jonasson, an officer serving as CFO/CBO, had 8,319 shares of Absci common stock withheld on 08/31/2025 to satisfy tax withholding related to the vesting and settlement of restricted stock units. The shares were withheld at a reported price of $2.39 per share. After the withholding, Mr. Jonasson is reported to beneficially own 409,741 shares of Absci common stock as a direct holder. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact on 09/02/2025.
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Insights
TL;DR: Routine tax-withholding disposition after RSU vesting; ownership remains substantial and no new purchases or sales beyond withholding.
This Form 4 records a non-economic disposition: 8,319 shares were withheld by the issuer to cover tax obligations arising from RSU vesting. The transaction is coded as a disposition with a per-share price of $2.39, which reflects the withholding valuation rather than an open-market sale. Post-transaction beneficial ownership remains 409,741 shares on a direct basis. The filing identifies the reporting person as an officer (CFO/CBO). From a reporting and corporate-governance perspective, this is routine and not indicative of a change in control or a market-driven sale.
TL;DR: Administrative insider reporting for tax withholding following RSU settlement; procedural and non-material to company operations.
The disclosure properly documents an issuer-withheld transfer to satisfy tax withholding tied to executive equity compensation. The Form 4 includes issuer, reporting person role, transaction date (08/31/2025), withheld share count (8,319), withholding price ($2.39), and resulting direct beneficial ownership (409,741 shares). The filing was executed via attorney-in-fact, which is common for administrative filings. There are no indications of other transactions, exercise events, or derivative activity in this submission.