Century Therapeutics (IPSC) SVP has automatic share sale to cover RSU taxes
Rhea-AI Filing Summary
Century Therapeutics, Inc. senior vice president of Finance & Operations Douglas Carr reported selling 275 shares of common stock on August 3, 2026 at $1.977 per share. According to the footnote, these shares were sold automatically to cover tax withholding obligations from vesting restricted stock units, and were not sold at his discretion. Following the sale, Carr directly held 504819 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 275 shares
Net Sell
1 txn
Insider
Carr Douglas
Role
SVP Finance & Operations
Sold
275 shs ($543.68)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 275 | $1.977 | $543.68 |
Holdings After Transaction:
Common Stock — 504,819 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: 275 shares
Sale price: $1.977 per share
Shares held after transaction: 504819 shares
+1 more
4 metrics
Shares sold
275 shares
Common stock sold on August 3, 2026
Sale price
$1.977 per share
Price for the 275 common shares sold
Shares held after transaction
504819 shares
Directly owned common stock following the sale
Net insider share change
275 shares
Net shares sold according to transaction summary
Key Terms
restricted stock units, tax withholding obligations, automatic
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"
automatic financial
"Such sales were automatic and not at the discretion"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Century Therapeutics (IPSC) insider Douglas Carr report in this Form 4?
Douglas Carr, SVP Finance & Operations, reported a sale of 275 common shares of Century Therapeutics at $1.977 per share on August 3, 2026, leaving him with 504819 shares directly held afterward.