Pangalos Menelas N 4

What Happened Menelas P. Pangalos, a director of Absci Corp (ABSI), purchased 37,453 shares in an open-market transaction on May 13, 2026. The shares were acquired at $5.36 per share for a total purchase price of $200,748. This was a purchase (Transaction code: P), which investors often view as a more informative/bullish signal than routine insider sells, though it does not guarantee future performance.

Key Details

• Transaction date and price: May 13, 2026 — 37,453 shares at $5.36 each.
• Total value: $200,748.
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 — Open market purchase made in accordance with the issuer’s trading policies.
• Timeliness: Filing date and Period of Report are both May 13, 2026; no late filing is indicated.

Context This was a straight open-market purchase (not an option exercise, gift, or award) and no 10b5-1 trading plan or special conditions are noted in the filing. Purchases by officers or directors can signal confidence, but retail investors should combine this information with company fundamentals and other filings before drawing conclusions.