Form 4: Absci SVP CAO Sells Shares for Tax Obligations
Insider Transaction Report
Absci's SVP, CAO, Todd Bedrick, disposed of 21,950 common shares to cover tax liabilities from restricted stock unit vesting.
Summary
- Todd Bedrick, SVP, CAO of Absci Corp (ABSI), reported a transaction on October 14, 2025.
- The transaction involved the disposition of 21,950 shares of Absci Common Stock.
- These shares were withheld by the Issuer to cover tax withholding obligations related to the vesting of restricted stock units.
- The disposition was not a discretionary trade by the reporting person.
- The price per share for the disposed securities was $3.68.
- Following this transaction, Todd Bedrick beneficially owns 161,283 shares of Absci Common Stock directly.
Sentiment
Score: 5
Explanation: The transaction is a routine, non-discretionary disposition of shares for tax withholding purposes related to RSU vesting, which is neutral in terms of company sentiment.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This is a routine insider transaction related to compensation and tax obligations, common across all industries for executives receiving equity-based compensation. It does not reflect broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not indicate a change in management's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 10/14/2025 | Date of transaction where 21,950 shares were disposed to cover tax withholding obligations. |
Keywords
Absci, ABSI, Form 4, Insider Transaction, Stock Sale, Tax Withholding, RSU Vesting, Todd Bedrick
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