Century Therapeutics (IPSC) CSO has 1,431 shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Century Therapeutics, Inc. Chief Scientific Officer Chad Cowan reported a routine tax-related share disposition. On March 11, 2026, 1,431 shares of common stock were withheld by the company at $2.73 per share to satisfy tax obligations tied to vesting restricted stock units, not an open-market sale. After this transaction, Cowan directly holds 1,177,045 shares of common stock. An additional 10,697 shares are held indirectly by the Cowan Investment Nominee Trust, for which he disclaims beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Cowan Chad
Role
Chief Scientific Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,431 | $2.73 | $4K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,177,045 shares (Direct);
Common Stock — 10,697 shares (Indirect, By Trust)
Footnotes (1)
- Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units. Shares held by the Cowan Investment Nominee Trust. The Reporting Person disclaims beneficial ownership except to the extent of any pecuniary interest therein, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.
FAQ
What insider transaction did IPSC Chief Scientific Officer Chad Cowan report?
Chad Cowan reported a tax-related share disposition. The company withheld 1,431 Century Therapeutics shares to cover tax obligations from vesting restricted stock units, rather than executing an open-market sale, reflecting a routine administrative transaction connected to equity compensation.
What does the F transaction code mean in the IPSC Form 4 filing?
The F transaction code indicates shares were used to pay an exercise price or tax liability. In this case, 1,431 Century Therapeutics shares were withheld by the issuer to satisfy tax withholding obligations related to the vesting of restricted stock units granted to Chad Cowan.