Century Therapeutics (IPSC) CEO reports 13,849-share tax withholding on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Century Therapeutics, Inc. President and CEO Brent Pfeiffenberger reported a tax-related share disposition. On the vesting of restricted stock units, the company withheld 13,849 shares of Common Stock at $2.24 per share to satisfy tax withholding obligations. This was not an open-market sale, and Pfeiffenberger continues to hold 3,665,474 shares of Common Stock directly after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pfeiffenberger Brent
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 13,849 | $2.24 | $31K |
Holdings After Transaction:
Common Stock — 3,665,474 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 13,849 shares
Implied share value for withholding: $2.24 per share
Shares held after transaction: 3,665,474 shares
3 metrics
Shares withheld for taxes
13,849 shares
Withheld to satisfy tax obligations on RSU vesting
Implied share value for withholding
$2.24 per share
Value associated with withheld Common Stock shares
Shares held after transaction
3,665,474 shares
Common Stock directly owned by CEO after withholding
Key Terms
restricted stock units, tax withholding obligations, Common Stock, Form 4
4 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
"withheld by the Issuer to satisfy tax withholding obligations"
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
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 Century Therapeutics (IPSC) report for its CEO?
Century Therapeutics reported that CEO Brent Pfeiffenberger had 13,849 shares of Common Stock withheld to cover taxes on vested restricted stock units. This tax-withholding disposition was reported on Form 4 and did not involve an open-market stock sale.
Was the Century Therapeutics (IPSC) insider transaction an open-market sale?
No. The transaction was coded as a tax-withholding disposition, meaning shares were withheld by Century Therapeutics to cover tax obligations. It did not represent an open-market sale or discretionary trade by CEO Brent Pfeiffenberger.