Busch Andreas 4
4 · Absci Corp · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
Absci (ABSI) CIO Andreas Busch Withholds 1,469 Shares for Taxes
What Happened
Andreas Busch, Chief Innovation Officer at Absci (ABSI), had 1,469 shares withheld by the company on Feb 3, 2026 to cover tax withholding related to vested restricted stock units (RSUs). The withholding was reported as a disposition at $2.99 per share for a total withholding value of $4,392. This was a tax-withholding action — not an open-market sale or a discretionary trade by the insider.
Key Details
- Transaction date and price: Feb 3, 2026; 1,469 shares at $2.99 each.
- Total value withheld: $4,392 (shares surrendered to cover taxes).
- Shares owned after transaction: not specified in the provided filing summary.
- Footnote: F1 — the shares were withheld by the issuer to cover tax withholding on RSU vesting and do not represent a discretionary trade by the reporting person.
- Filing date: Feb 4, 2026 (covers the Feb 3 transaction); filing appears timely.
Context
Withholding shares to cover tax obligations on vested RSUs is a common administrative action and is not generally interpreted as a signal of insider sentiment about the company. This is a cashless-type settlement for taxes rather than a purchase or voluntary sale.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-03$2.99/sh−1,469$4,392→ 322,703 total
Footnotes (1)
- [F1]Amount reported represents the number of shares withheld by the Issuer to cover the tax withholding obligation in connection with the vesting of these restricted stock units and does not represent a discretionary trade by the reporting person.