Bedrick Todd 4

What Happened
Bedrick Todd, Senior Vice President and Chief Accounting Officer of Absci Corporation (ABSI), received two equity awards on January 28, 2026: 15,000 shares reported as direct awards (A) and 59,400 shares reported as derivative awards (A). Both were granted at $0.00 per share (no cash paid at grant). The total award equals 74,400 RSUs/rights to common stock; the filing reports these as restricted stock units or similar contingent awards rather than open-market purchases or sales.

Key Details

• Transaction date: January 28, 2026; Form 4 filed January 30, 2026 (appears timely).
• Price: $0.00 per share; total immediate cash outlay reported = $0.
• Share counts: 15,000 (direct award) + 59,400 (derivative/RSU) = 74,400 units.
• Shares owned after transaction: Not specified in the provided report.
• Footnotes:
  • F1: The 59,400 (and/or RSU shares) are Restricted Stock Units under the 2021 Stock Option & Incentive Plan; each RSU represents the right to one share and vests in three substantially equal annual installments, first vesting on Jan 10, 2027, subject to continuous service.
  • F2: Vesting schedule described as three-year annual installments with first vesting on Jan 10, 2027 (subject to continuous service).
• Filing timeliness: Filed two days after the transaction date; no late filing indicated.

Context
These awards are compensation grants (RSUs) that do not involve an immediate purchase or sale of shares. RSUs convert into actual shares only as they vest, so they are a deferred-compensation vehicle rather than an outright market signal. No option exercises, cashless sales, or 10b5-1 plans are indicated in this filing.