Absci Corp·4

Jun 8, 9:29 PM ET

VAN HOUTEN FRANS 4

Research Summary

AI-generated summary

Updated

Absci (ABSI) Director Frans van Houten Receives 49,900 RSU/Derivative Awards

What Happened
Frans van Houten, a director of Absci Corporation (ABSI), received equity awards on 2026-06-04: 10,100 restricted stock units (RSUs) and 39,800 derivative awards (reported as a separate award). Both grants were reported at $0.00 (no cash paid). Together the awards total 49,900 contingent share rights that will convert into common stock if and when they vest/settle.

Key Details

  • Transaction date: 2026-06-04; Form 4 filed 2026-06-08 (timely within the 2-business-day requirement).
  • Awards: 10,100 RSUs (explicit RSUs) and 39,800 derivative awards/options (both reported as grant/award, code "A").
  • Price/consideration: $0.00 per share reported (typical for RSU grants).
  • Vesting/settlement: Per footnotes, each RSU is the contingent right to one share; awards vest and settle in full on the earlier of (i) the first anniversary of the grant or (ii) the Issuer’s next annual meeting of stockholders, subject to continuous service. Footnote language also references a similar vesting schedule for the derivative/option award.
  • Shares owned after transaction: Not specified in the provided filing.
  • Filing timeliness: Filing appears timely (transaction 6/4; filing 6/8).

Context

  • These are awards/grants (not open-market purchases or sales). RSUs and similar derivative awards are compensation and do not necessarily signal immediate bullish or bearish trading intent.
  • Vesting is time- and service-based; shares will only be issued if vesting conditions are met.