Form 4: Absci Corp CFO Zachariah Jonasson Reports Tax Withholding Transaction
SEC Form 4 Filing
Zachariah Jonasson, CFO/CBO of Absci Corp, reports the withholding of 20,775 common stock shares to cover tax obligations related to vesting restricted stock units on August 31, 2024.
Summary
- Zachariah Jonasson, the CFO/CBO of Absci Corp, filed a Form 4 on September 4, 2024, reporting a transaction that occurred on August 31, 2024.
- The transaction involved the withholding of 20,775 shares of common stock by Absci Corp to cover tax withholding obligations related to the vesting and settlement of restricted stock units.
- The price per share for the withholding was $4.4.
- Following the transaction, Jonasson directly owns 363,976 shares of Absci Corp common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax obligations, and does not indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 08/30/2024 | Date of execution for the Limited Power of Attorney. |
| 08/31/2024 | Date of the transaction involving the withholding of common stock for tax obligations. |
| 09/04/2024 | Date the Form 4 was signed. |
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