Recursion (NASDAQ: RXRX) director receives 88,424-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HERSHBERG ROBERT reported acquisition or exercise transactions in this Form 4 filing.
RECURSION PHARMACEUTICALS, INC. director Robert Hershberg received an equity grant of 88,424 shares of Class A Common Stock in the form of restricted stock units. The grant was made at no cash cost under the company’s Outside Director Compensation Policy as a routine award.
These restricted stock units vest on the earlier of June 17, 2027 or the day before the company’s 2027 annual stockholder meeting, contingent on his continued service. Following this grant, Hershberg directly holds 162,156 shares reported as beneficially owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HERSHBERG ROBERT
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 88,424 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 162,156 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 88,424 shares
Grant price per share: $0.0000 per share
Post-grant holdings: 162,156 shares
+1 more
4 metrics
RSU grant size
88,424 shares
Restricted stock units granted to director on June 17, 2026
Grant price per share
$0.0000 per share
Equity award made at no cash cost
Post-grant holdings
162,156 shares
Total Class A Common Stock beneficially owned after transaction
Vesting trigger date
June 17, 2027
RSUs vest on earlier of this date or day prior to 2027 annual meeting
Key Terms
restricted stock units, Outside Director Compensation Policy, beneficially owned, Grant, award, or other acquisition
4 terms
restricted stock units financial
"Represents a grant of restricted stock units automatically granted pursuant to the Issuer's Outside Director Compensation Policy."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Outside Director Compensation Policy financial
"Represents a grant of restricted stock units automatically granted pursuant to the Issuer's Outside Director Compensation Policy."
beneficially owned financial
"total_shares_following_transaction: 162156.0000"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did RXRX director Robert Hershberg report on this Form 4?
Robert Hershberg reported receiving 88,424 restricted stock units of Recursion Class A Common Stock as a routine equity grant. The grant was made at no cash cost under the Outside Director Compensation Policy and represents compensation, not an open-market stock purchase or sale.
When do Robert Hershberg’s new RXRX restricted stock units vest?
The 88,424 restricted stock units vest on the earlier of June 17, 2027 or the day before Recursion’s 2027 annual stockholder meeting. Vesting is contingent on Hershberg’s continued service to the company, aligning the award with ongoing board participation and governance responsibilities.
Is this RXRX Form 4 an open-market insider buy or sale?
This Form 4 does not show an open-market buy or sale. It reports a grant of 88,424 restricted stock units as compensation, coded as a grant or award acquisition, which is a routine non-market transaction for a board member under the company’s director compensation program.