Redmile trims Absci stake to 4.9% ownership

Absci Corporation major holder Redmile Group, LLC filed an amended Schedule 13D reporting a reduced position in the company’s common stock.

Rhea-AI Filing Summary

Absci Corporation major holder Redmile Group, LLC filed an amended Schedule 13D reporting a reduced position in the company’s common stock. The Redmile funds now beneficially own 7,607,449 shares, representing 4.9% of Absci’s common stock, based on 153,021,263 shares outstanding as of March 6, 2026.

On April 10, 2026, Redmile sold 645,867 Absci shares in open market transactions at a weighted average price of $2.979 per share, with individual trades ranging from $2.90 to $3.04. As a result, each reporting person ceased to be a 5% beneficial owner as of that date, while retaining shared voting and dispositive power over the remaining shares.

Insights

Equity ownership & filings analyst

Redmile reduced its Absci stake below the 5% reporting threshold through open market sales.

Redmile Group, LLC and Jeremy C. Green now report beneficial ownership of 7,607,449 Absci shares, equal to 4.9% of the company’s common stock, using the 153,021,263-share figure disclosed as of March 6, 2026.

The filing details an open market sale of 645,867 shares at a weighted average of $2.979 per share on April 10, 2026, with trade prices between $2.90 and $3.04. Redmile and Green continue to have shared voting and dispositive power but each disclaims beneficial ownership beyond any pecuniary interest.

The key change is that these holders no longer cross the 5% threshold that triggers stricter reporting. Subsequent ownership or trading changes, if material, would typically appear in later beneficial ownership statements.

Key Figures

Beneficial ownership: 7,607,449 shares Ownership percentage: 4.9% Shares outstanding: 153,021,263 shares +5 more

8 metrics

Beneficial ownership 7,607,449 shares Shares of Absci common stock beneficially owned by reporting persons

Ownership percentage 4.9% Percent of Absci common stock based on 153,021,263 shares outstanding as of March 6, 2026

Shares outstanding 153,021,263 shares Absci common shares outstanding as of March 6, 2026 per annual report

Shares sold 645,867 shares Absci shares sold by Redmile Group, LLC on April 10, 2026

Weighted average sale price $2.979 per share Open market transactions on April 10, 2026

Sale price range $2.90–$3.04 per share Price range for April 10, 2026 open market sales

Shared voting power 7,607,449 shares Shares with shared voting power for each reporting person

Shared dispositive power 7,607,449 shares Shares with shared dispositive power for each reporting person

Key Terms

beneficial owner, shared voting power, shared dispositive power, open market transactions, +2 more

6 terms

beneficial owner financial

"Each of the Reporting Persons ceased to be 5% beneficial owners as of April 10, 2026."

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

shared voting power financial

"Shared Voting Power 7,607,449.00"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

shared dispositive power financial

"Shared Dispositive Power 7,607,449.00"

open market transactions financial

"645,867 $2.979(1) Open market transactions"

Open market transactions are the buying and selling of a company’s shares or other securities conducted on public exchanges or through the wider market rather than through private deals or negotiated placements. They matter to investors because these trades change supply and demand in real time—like shoppers affecting a store’s inventory—and so can move prices, signal management or investor sentiment, affect liquidity, and alter ownership stakes that influence future returns and risk.

Schedule 13D regulatory

"If the filing person has previously filed a statement on Schedule 13G to report the acquisition"

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

weighted average price financial

"The price per share reported above is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much of Absci (ABSI) does Redmile Group now beneficially own?

Redmile Group and Jeremy C. Green report beneficial ownership of 7,607,449 Absci common shares, representing 4.9% of the company’s stock. This percentage is calculated using 153,021,263 shares outstanding as of March 6, 2026, as disclosed in Absci’s latest annual report.

What transaction did Redmile report in this Absci (ABSI) Schedule 13D/A?

The filing reports Redmile sold 645,867 Absci common shares on April 10, 2026, in open market transactions. The weighted average sale price was $2.979 per share, with individual trades executed between $2.90 and $3.04 per share during that trading activity.

When did Redmile cease to be a 5% beneficial owner of Absci (ABSI)?

Redmile Group, LLC and Jeremy C. Green each ceased to be 5% beneficial owners of Absci common stock as of April 10, 2026. This change followed the reported open market sale of 645,867 shares, which reduced their beneficial ownership percentage to 4.9% of the outstanding shares.

What voting and dispositive powers does Redmile retain over Absci (ABSI) shares?

Redmile and Jeremy C. Green each report 0 shares with sole voting or dispositive power and 7,607,449 shares with shared voting and dispositive power. The shares are held by certain Redmile-managed funds, for which Redmile acts as investment manager exercising voting and investment decisions.

How was the 4.9% ownership of Absci (ABSI) calculated for Redmile?

The 4.9% beneficial ownership figure is based on 153,021,263 Absci common shares outstanding as of March 6, 2026. That outstanding share count comes from Absci’s annual report for the year ended December 31, 2025, filed with the SEC on March 24, 2026.

Who are the reporting persons in this Absci (ABSI) Schedule 13D/A amendment?

The reporting persons are Redmile Group, LLC and Jeremy C. Green. The Absci shares are held by private investment vehicles managed by Redmile. Both Redmile and Green may be deemed beneficial owners but disclaim ownership beyond any pecuniary interest they may have in those shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/14/2026 - 09:00 PM EDT Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 4)

Absci Corporation

(Name of Issuer)

Common Stock, $0.0001 par value per share

(Title of Class of Securities)

00091E109

(CUSIP Number)

Josh Garcia
900 Larkspur Landing Circle, Suite 270,
Larkspur, CA, 94939
(415) 489-9980

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

04/10/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 00091E109

1

Name of reporting person

Redmile Group, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 7,607,449.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 7,607,449.00

11

Aggregate amount beneficially owned by each reporting person

7,607,449.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

4.9 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

(1) The source of funds was working capital of certain private investment vehicles managed by Redmile Group, LLC (the "Redmile Funds"). (2) The shares of common stock, $0.0001 par value per share, of the Issuer (the "Common Stock") that may be deemed beneficially owned by the Reporting Person are held directly by the Redmile Funds. Redmile Group, LLC is the investment manager of the Redmile Funds and, in such capacity, exercises voting and investment power over all of the shares held by the Redmile Funds and may be deemed to be the beneficial owner of these shares. Redmile Group, LLC disclaims beneficial ownership of these shares, except to the extent of its pecuniary interest in such shares, if any. (3) Percent of class calculated based on 153,021,263 shares of Common Stock outstanding as of March 6, 2026, as disclosed in the Issuer's annual report for the fiscal year ended December 31, 2025 filed with the SEC on March 24, 2026 (the "Annual Report").

SCHEDULE 13D

CUSIP Number(s): 00091E109

1

Name of reporting person

Jeremy C. Green

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED KINGDOM

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 7,607,449.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 7,607,449.00

11

Aggregate amount beneficially owned by each reporting person

7,607,449.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

4.9 %

14

Type of Reporting Person (See Instructions)

HC

Comment for Type of Reporting Person:

(1) The source of funds was working capital of the Redmile Funds. (2) The shares of Common Stock that may be deemed beneficially owned by the Reporting Person are held directly by the Redmile Funds. Jeremy C. Green serves as the managing member of Redmile Group, LLC and, in such capacity, exercises voting and investment power over all of the shares held by the Redmile Funds and may be deemed to be the beneficial owner of these shares. Mr. Green disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest in such shares, if any. (3) Percent of class calculated based on 153,021,263 shares of Common Stock outstanding as of March 6, 2026 as disclosed in the Annual Report.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock, $0.0001 par value per share
(b)	Name of Issuer: Absci Corporation
(c)	Address of Issuer's Principal Executive Offices: 18105 SE Mill Plain Blvd, Vancouver, WASHINGTON , 98683.
Item 1 Comment: This amendment No. 4 to Schedule 13D (this "Amendment") amends and supplements the original Schedule 13D filed with the SEC on August 2, 2021, which was previously amended and supplemented by that Amendment No. 1 to Schedule 13D filed with the SEC on March 5, 2024, Amendment No. 2 to Schedule 13D filed with the SEC on April 29, 2025 and Amendment No. 3 to Schedule 13D filed with the SEC on March 26, 2026 (collectively, the "Prior Schedule 13D"), by Redmile Group, LLC and Jeremy C. Green (each, a "Reporting Person"), and previously by Redmile Biopharma Investments II, L.P., relating to the common stock, par value $0.0001 per share (the "Common Stock"), of Absci Corporation, a Delaware corporation (the "Issuer"). Capitalized terms used but not defined in this Amendment No. 4 shall have the meanings set forth in the Prior Schedule 13D. Except as specifically amended by this Amendment No. 4, the Prior Schedule 13D is unchanged.
Item 5.	Interest in Securities of the Issuer
(a)	Item 5(a) of the Prior Schedule 13D is hereby amended and restated in its entirety as follows: The aggregate amount of shares of Common Stock that may be deemed beneficially owned by the Reporting Persons is comprised of 7,607,449 shares of Common Stock held by the Redmile Funds. Redmile is the investment manager to the Redmile Funds and, in such capacity, exercises voting and investment power over all of the shares held by the Redmile Funds and may be deemed to be the beneficial owner of these shares. Jeremy C. Green serves as the managing member of Redmile and also may be deemed to be the beneficial owner of these shares. Redmile and Mr. Green each disclaims beneficial ownership of these shares, except to the extent of its or his pecuniary interest in such shares, if any. For purposes of this Schedule 13D, the percent of class was calculated based on 153,021,263 shares of Common Stock outstanding as of March 6, 2026, as disclosed in the Issuer's annual report for the fiscal year ended December 31, 2025 filed with the SEC on March 24, 2026.
(b)	Item 5(b) of the Prior Schedule 13D is hereby amended and restated in its entirety as follows: Redmile Group, LLC: (1) Sole Voting Power: 0 (2) Shared Voting Power: 7,607,449 (3) Sole Dispositive Power: 0 (4) Shared Dispositive Power: 7,607,449 Jeremy C. Green: (1) Sole Voting Power: 0 (2) Shared Voting Power: 7,607,449 (3) Sole Dispositive Power: 0 (4) Shared Dispositive Power: 7,607,449
(c)	Reporting Transaction Amount of Price per Type of Person Date Securities Share Transaction Redmile April 10, 2026 645,867 $2.979(1) Open market Group, LLC transactions (1) The price per share reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.90 to $3.04, inclusive. The Reporting Persons undertake to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each separate price.
(e)	Each of the Reporting Persons ceased to be 5% beneficial owners as of April 10, 2026.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Redmile Group, LLC

Signature:	/s/ Jeremy C. Green
Name/Title:	Managing Member
Date:	04/14/2026

Jeremy C. Green

Signature:	/s/ Jeremy C. Green
Name/Title:	Jeremy C. Green
Date:	04/14/2026