Jonasson Zachariah 4/A
Research Summary
AI-generated summary
Absci (ABSI) CFO/CBO Zachariah Jonasson Receives RSU & Option Awards
What Happened
- Zachariah Jonasson, Absci's Chief Financial Officer and Chief Business Officer, was granted equity on March 2, 2026: 135,400 restricted stock units (RSUs) and a derivative option covering 534,400 shares (total 669,800 shares). Both awards are reported at $0.00 (no cash purchase). On March 3, 2026, 10,848 shares were withheld at $2.80/share to satisfy tax withholding obligations, totaling $30,374. This filing is an amendment to correct the option expiration date (now March 1, 2036).
Key Details
- Transaction dates: grants dated 2026-03-02; tax withholding dated 2026-03-03.
- Reported amounts: 135,400 RSUs (A) and 534,400 derivative option shares (A); 10,848 shares withheld (F) at $2.80 = $30,374.
- Vesting: RSUs and the option vest in substantially equal annual installments over three years, with the first vesting on March 1, 2027, subject to continued service (per footnotes).
- Withholding: the 10,848-share disposition was tax withholding (not a discretionary sale).
- Ownership after transaction: not specified in this amendment.
- Filing note: this is an amended Form 4 correcting the option expiration date (corrected to March 1, 2036); the transaction was reported as exempt under Rule 16b-3.
Context
- These were grants/awards (not open-market purchases or exercises followed by sales). The option grant is a derivative grant that will vest over time — it was not exercised or sold. Tax-withholding by the company is a routine administrative action and does not indicate a voluntary sale by the insider.