Form 4: Adicet Bio CEO's Tax Withholding Disclosure
Statement of Changes in Beneficial Ownership
Adicet Bio's President and CEO, Schor Chen, reported a transaction involving shares withheld by the company to cover tax obligations related to restricted stock unit vesting.
Summary
- Schor Chen, President & CEO and Director of Adicet Bio, Inc. (ACET), reported a transaction on January 24, 2026.
- The transaction involved the withholding of 1,755 shares of Common Stock by Adicet Bio to satisfy tax obligations in connection with the vesting of restricted stock units.
- The shares were valued at $8.44 per share for the purpose of tax withholding.
- Following this transaction, Schor Chen directly beneficially owns 6,820 shares of Common Stock.
- Additionally, 2,716 shares are indirectly held by The I. Schor IRRV Trust, and 3,339 shares are indirectly held by The C. Schor IRRV Trust.
- All reported share numbers reflect a 1-for-16 reverse stock split effected by Adicet Bio on December 30, 2025.
Sentiment
Score: 5
Explanation: The filing reports a routine tax withholding transaction related to RSU vesting, which is a neutral event and does not indicate a change in company fundamentals or management's outlook.
Future Outlook
NA
Industry Context
This filing is a standard insider transaction disclosure and does not provide information related to broader industry trends or competitors.
Key Dates
| Date | Description |
|---|---|
| 12/30/2025 | Effective date of 1-for-16 reverse stock split by Adicet Bio, Inc. |
| 01/24/2026 | Date of transaction where shares were withheld for tax obligations. |
| 01/27/2026 | Date the Form 4 was signed by the attorney-in-fact. |
Keywords
Adicet Bio, ACET, Schor Chen, Form 4, Insider Transaction, Tax Withholding, Restricted Stock Units, Reverse Stock Split, Beneficial Ownership
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