Century Therapeutics SVP sells 254 shares for taxes
Century Therapeutics SVP Finance & Operations sold shares automatically to cover taxes from RSU vesting, retaining over 500,000 shares.
Rhea-AI Filing Summary
Century Therapeutics, Inc. (IPSC) reported that Douglas Carr, its SVP Finance & Operations, had an automatic sale of 254 shares of common stock on September 8, 2026 at $2.05 per share. According to the footnote, the sale covered tax withholding obligations from vesting restricted stock units, was not discretionary, and left him holding 504,565 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 254 shares
Net Sell
1 txn
Insider
Carr Douglas
Role
SVP Finance & Operations
Sold
254 shs ($520.70)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 254 | $2.05 | $520.70 |
Holdings After Transaction:
Common Stock — 504,565 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: 254 shares
Sale price per share: $2.05 per share
Shares owned after transaction: 504,565 shares
+1 more
4 metrics
Shares sold
254 shares
Automatic sale on September 8, 2026 to cover tax withholding
Sale price per share
$2.05 per share
Common stock sale on September 8, 2026
Shares owned after transaction
504,565 shares
Direct beneficial ownership by Douglas Carr after the sale
Net buy/sell shares
254 shares net sold
One sale transaction; no purchases reported in this Form 4
Key Terms
restricted stock units, tax withholding obligations, Form 4
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
"shares required to be sold ... to cover tax withholding obligations"
Form 4 regulatory
"The sales reported on this Form 4 represent the number of shares"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did IPSC report for Douglas Carr on this Form 4?
The filing reports that Douglas Carr, SVP Finance & Operations, sold 254 shares of Century Therapeutics common stock on September 8, 2026 at $2.05 per share in a single reported transaction.
Was the IPSC insider sale under a Rule 10b5-1 trading plan?
No. The Form 4’s Rule 10b5-1 checkbox is not checked, and the footnote explains the sale was automatic to cover taxes, not discretionary and not identified as made under a Rule 10b5-1 plan.
What price was received in the IPSC insider sale on September 8, 2026?
The 254 shares of Century Therapeutics common stock were sold at a price of $2.05 per share, as reported in the Form 4 transaction details.
AI-generated analysis. How Rhea-AI works. Not financial advice.