MCGINNIS KAREN K 4

What Happened
Karen K. McGinnis, a director of Absci Corporation (ABSI), was granted a total of 49,900 restricted stock units (RSUs) on June 4, 2026: 10,100 RSUs and an additional 39,800 RSUs reported as a derivative award. Both grants were recorded at $0.00 per share (standard for compensation awards) and therefore carry no immediate cash outlay.

Key Details

• Transaction date: 2026-06-04; Form 4 filed: 2026-06-11 (filing appears late relative to the 2-business-day Form 4 deadline).
• Grant details: 10,100 RSUs and 39,800 RSUs (derivative), total 49,900 RSUs; acquisition price $0.00. Transaction code: A (award/grant).
• Vesting/settlement: Per filing footnote, each RSU represents the contingent right to one share and the RSUs vest and will be settled 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 the reporting person’s continued service. A second footnote in the filing references a similar vesting schedule for option-related awards.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• No sale or exercise reported—these are compensation grants, not open-market purchases or sales.

Context
RSU grants are a form of equity compensation and do not involve an immediate cash purchase or sale of stock. They provide the right to receive shares in the future if vesting conditions are met and therefore do not necessarily signal a near-term buying or selling intent by the insider. The late filing is procedural — traders and investors should note timeliness but evaluate the grant primarily as standard director compensation unless other related insider trades are reported.