Century Therapeutics (IPSC) officer auto-sells shares to cover RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Century Therapeutics, Inc. officer Gregory Russotti reported an automatic sale of 479 shares of common stock on March 9, 2026 at $2.536 per share. According to the footnote, this sale was executed solely to cover tax withholding obligations related to vesting restricted stock units and was not at his discretion.
After the transaction, Russotti directly held 525,503 common shares and also had an indirect holding of 92,773 shares through the Gregory Russotti 2021 Family Trust. The filing therefore reflects a routine tax-related sale while maintaining a substantial ongoing equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 479 shares ($1,215)
Net Sell
2 txns
Insider
Russotti Gregory
Role
See Remarks
Sold
479 shs ($1K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 479 | $2.536 | $1K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 525,503 shares (Direct);
Common Stock — 92,773 shares (Indirect, By Gregory Russotti 2021 Family Trust)
Footnotes (1)
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FAQ
What did Century Therapeutics (IPSC) officer Gregory Russotti report in this Form 4?
Gregory Russotti reported an automatic sale of 479 Century Therapeutics shares. The shares were sold on March 9, 2026 at $2.536 each, and the transaction was linked to tax withholding on vesting restricted stock units rather than a discretionary open-market sale.
Does this Century Therapeutics (IPSC) Form 4 indicate a typical insider sale signal?
The transaction appears as a routine tax-related sale, not a typical discretionary sale. The Form 4 footnote states the shares were sold automatically to satisfy tax withholding on restricted stock unit vesting, reducing its informational value as a directional trading signal.