Zuga Matt 4
Accession 0001628280-26-003347
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 6:11 PM ET
Size
6.9 KB
Accession
0001628280-26-003347
Research Summary
AI-generated summary of this filing
Acumen Pharmaceuticals (ABOS) CFO Zuga Matt Sells Shares
What Happened
Zuga Matt, CFO and Chief Business Officer of Acumen Pharmaceuticals (ABOS), sold a total of 4,160 shares in two open-market transactions to cover tax withholding on vested restricted stock units. On 2026-01-21 he disposed of 2,473 shares (reported value $4,469) and on 2026-01-22 he disposed of 1,687 shares (reported value $3,138), for total proceeds of about $7,607. These were sales (not purchases), and the filing indicates they were routine sell-to-cover transactions tied to RSU vesting.
Key Details
- Transaction dates and amounts:
- 2026-01-21: 2,473 shares sold; reported proceeds $4,469.
- 2026-01-22: 1,687 shares sold; reported proceeds $3,138.
- Total: 4,160 shares sold for ~ $7,607.
- Price details: the reported prices are weighted averages; sales occurred at prices ranging from $1.7650 to $1.8700 (footnote F2). The filing states the weighted-average prices and offers to provide a breakdown on request.
- Footnotes:
- F1: These were automatic "sell to cover" sales to satisfy tax withholding on RSU vesting, executed under a Rule 10b5-1 plan adopted by the reporting person on August 30, 2024.
- F2: The reported price is a weighted average; individual trade prices fall within the stated range.
- Shares owned after the transactions: not specified in the information provided in this summary.
- Filing timeliness: Form filed 2026-01-23 — within the typical 2-business-day reporting window for Form 4 (not indicated as late).
Context
These sales were executed to cover taxes on vested restricted stock units under a pre-established Rule 10b5-1 plan, which is a common, routine reason for insider sales and does not, by itself, indicate a change in the insider’s view of the company. Purchases typically provide stronger signals than routine sell-to-cover transactions; this filing documents a tax-related disposition rather than an opportunistic market sale.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-01-21$1.81/sh−2,473$4,469→ 306,611 total - Sale
Common Stock
[F1]2026-01-22$1.86/sh−1,687$3,138→ 304,924 total
Footnotes (2)
- [F1]Represents the number of shares sold by the Reporting Person through an automatic "sell to cover" transaction to satisfy tax withholding obligations in connection with the vesting of restricted stock units pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 30, 2024.
- [F2]The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $1.7650 to $1.8700. Upon request, the Reporting Person will provide to the staff of the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Signature
Documents
Issuer
Acumen Pharmaceuticals, Inc.
CIK 0001576885
Related Parties
1- filerCIK 0001790214
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 6:11 PM ET
- Size
- 6.9 KB