Century Therapeutics (IPSC) CEO has 55,397 shares withheld for RSU taxes
Rhea-AI Filing Summary
Century Therapeutics, Inc. President and CEO Brent Pfeiffenberger reported a routine tax-related share disposition. The company withheld 55,397 shares of Common Stock at $2.73 per share to cover tax obligations arising from the vesting of restricted stock units. After this withholding, Pfeiffenberger directly holds 3,710,958 shares of Century Therapeutics common stock. This event reflects compensation-related tax settlement rather than an open-market stock sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 55,397 shares
Net Sell
1 txn
Insider
Pfeiffenberger Brent
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 55,397 | $2.73 | $151K |
Holdings After Transaction:
Common Stock — 3,710,958 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Century Therapeutics (IPSC) report for Brent Pfeiffenberger?
Century Therapeutics reported that President and CEO Brent Pfeiffenberger had 55,397 common shares withheld to cover tax obligations from restricted stock unit vesting. This is a compensation-related tax settlement, not an open-market purchase or sale of stock.
What does the F code mean in the Century Therapeutics (IPSC) Form 4 filing?
The F transaction code indicates shares were used to pay taxes or an exercise price. In this case, 55,397 Century Therapeutics shares were withheld by the issuer to satisfy Brent Pfeiffenberger’s tax obligations from vesting restricted stock units, not sold on the open market.