Tax-related share sale by Century Therapeutics (IPSC) SVP Carr
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Century Therapeutics, Inc. senior vice president of finance and operations Douglas Carr reported an automatic sale of common stock tied to tax withholding. On June 12, 2026, he sold 1,654 shares at $2.232 per share in an open-market transaction to cover taxes from restricted stock unit vesting.
These sales were executed automatically and not at his discretion, according to the disclosure. After the transaction, Carr still directly owns 505,094 shares of Century Therapeutics common stock, indicating he retains a substantial equity position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,654 shares ($3,692)
Net Sell
1 txn
Insider
Carr Douglas
Role
SVP Finance & Operations
Sold
1,654 shs ($4K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,654 | $2.232 | $4K |
Holdings After Transaction:
Common Stock — 505,094 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,654 shares
Sale price: $2.232 per share
Shares owned after sale: 505,094 shares
3 metrics
Shares sold
1,654 shares
Open-market sale on June 12, 2026
Sale price
$2.232 per share
Price for Century Therapeutics common stock
Shares owned after sale
505,094 shares
Direct holdings of Douglas Carr following transaction
Key Terms
restricted stock units, tax withholding obligations, open-market sale
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
"required to be sold ... to cover tax withholding obligations"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Century Therapeutics (IPSC) report for Douglas Carr?
Century Therapeutics reported that SVP Finance & Operations Douglas Carr sold 1,654 shares of common stock. The shares were sold to cover tax withholding obligations from restricted stock unit vesting and were executed automatically rather than at his discretion.
Does the Form 4 suggest discretionary selling by Douglas Carr of Century Therapeutics (IPSC) stock?
The disclosure explains that the sales were automatic to satisfy tax withholding on restricted stock unit vesting, and not at Douglas Carr’s discretion. This indicates a routine, compensation-driven transaction rather than a discretionary market-timing sale.