Century Therapeutics SVP sells 1,658 shares for taxes
Century Therapeutics’ SVP Finance & Operations reported an automatic tax-withholding sale tied to RSU vesting, retaining over 500,000 shares afterward.
Rhea-AI Filing Summary
Century Therapeutics, Inc. (IPSC) reported that Douglas Carr, its SVP Finance & Operations, sold 1,658 shares of common stock on September 14, 2026 at $1.93 per share. According to the company’s disclosure, these shares were sold automatically to cover tax withholding obligations from vesting restricted stock units, and Carr held 502,907 shares directly afterward.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,658 shares
Net Sell
1 txn
Insider
Carr Douglas
Role
SVP Finance & Operations
Sold
1,658 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,658 | $1.93 | $3K |
Holdings After Transaction:
Common Stock — 502,907 shares (Direct)
Footnotes (1)
- F1. The sales reported on this Form 4 represent the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. Such sales were automatic and not at the discretion of the Reporting Person.
Key Figures
Shares sold: 1,658 shares
Sale price per share: $1.93 per share
Shares owned after transaction: 502,907 shares
3 metrics
Shares sold
1,658 shares
Common stock sold on September 14, 2026 to cover tax withholding
Sale price per share
$1.93 per share
Price for the 1,658 common shares sold on September 14, 2026
Shares owned after transaction
502,907 shares
Direct ownership of Douglas Carr following the September 14, 2026 sale
Key Terms
restricted stock units, tax withholding obligations, Sale in open market or private transaction
3 terms
restricted stock units financial
"in connection with the vesting of restricted stock units"
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.
tax withholding obligations financial
"to cover tax withholding obligations in connection with the vesting"
Sale in open market or private transaction financial
"transaction code description indicates a Sale in open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Century Therapeutics (IPSC) report for Douglas Carr?
Douglas Carr reported a sale of 1,658 Century Therapeutics (IPSC) common shares on September 14, 2026 at $1.93 per share. The company states the sale was made automatically to satisfy tax withholding obligations from vesting restricted stock units.
Was the Century Therapeutics (IPSC) insider sale under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as a plan transaction, and the footnote explains the sale was automatic to cover tax withholding on RSU vesting, rather than being executed at the insider’s discretion under a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.