Century Therapeutics (IPSC) SVP Carr auto-sells shares to cover RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Century Therapeutics SVP Finance & Operations Douglas Carr reported an automatic sale of common stock tied to tax withholding on vested restricted stock units. On March 9, 2026, he sold 247 shares at $2.536 per share to cover tax obligations. After this transaction, he continued to hold 514,304 shares of Century Therapeutics common stock directly. The footnote explains these sales were required and not at his discretion, indicating a routine tax-related transaction rather than an active portfolio decision.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 247 shares ($626)
Net Sell
1 txn
Insider
Carr Douglas
Role
SVP Finance & Operations
Sold
247 shs ($626.39)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 247 | $2.536 | $626.39 |
Holdings After Transaction:
Common Stock — 514,304 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What did Century Therapeutics (IPSC) executive Douglas Carr report on this Form 4?
Douglas Carr reported an automatic sale of 247 Century Therapeutics shares to cover tax withholding on vested restricted stock units. The transaction reflects routine tax management, not a discretionary change in his investment position in the company.
What is the nature of the restricted stock unit vesting mentioned for Century Therapeutics (IPSC)?
The filing notes that restricted stock units held by Douglas Carr vested, triggering tax obligations. To satisfy these obligations, 247 shares were automatically sold, with proceeds used for withholding taxes rather than representing a voluntary reduction in his ownership stake.