Century Therapeutics officer share sale for tax
Century Therapeutics, Inc. officer Gregory Russotti reported an automatic sale of 10,076 shares of common stock at $2.549 per share.
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Rhea-AI Filing Summary
Century Therapeutics, Inc. officer Gregory Russotti reported an automatic sale of 10,076 shares of common stock at $2.549 per share. According to the filing, these shares were sold solely to cover tax withholding obligations from vesting restricted stock units and were not sold at his discretion.
After the transaction, Russotti directly holds 515,427 common shares and indirectly holds 92,773 shares through the Gregory Russotti 2021 Family Trust. The activity reflects routine tax-related share withholding rather than a discretionary change in his investment position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,076 | $2.549 | $26K |
| holding | Common Stock | -- | -- | -- |
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.
FAQ
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What insider transaction did Gregory Russotti report at Century Therapeutics (IPSC)?
What does the Form 4 reveal about Gregory Russotti’s indirect holdings of Century Therapeutics (IPSC) stock?
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