Busch Andreas 4

What Happened

• Andreas Busch, Chief Innovation Officer of Absci Corp (ABSI), made an open-market purchase of 100,000 common shares on March 12, 2026 at $2.29 per share, for a total of $229,000. This was a purchase (buying stock), which investors often view as a more informative signal than routine sales.

Key Details

• Transaction date and price: 2026-03-12 — 100,000 shares at $2.29 each.
• Total value: $229,000.
• Shares owned after transaction: not reported in the provided filing excerpt.
• Footnote: Open market purchase made in accordance with the issuer's trading policies.
• Filing timeliness: Form 4 filed 2026-03-16; this appears to be filed within the typical two-business-day window and is not noted as late.

Context

• This was a straightforward open-market purchase (transaction code P). There is no indication of option exercises, awards, gifts, or tax-withholding related to this transaction in the excerpt. Purchases by insiders can signal confidence, but they do not guarantee future company performance.