Recursion Pharmaceuticals (NASDAQ: RXRX) director reports 10b5-1 share sale
Rhea-AI Filing Summary
Recursion Pharmaceuticals director Christopher Gibson reported several share moves on January 5, 2026. He converted 60,000 shares of Class B Common Stock into 60,000 shares of Class A Common Stock at a stated price of $0, then sold 40,000 Class A shares at $4.25 per share and made a gift of 20,000 Class A shares. After these transactions, he directly held 913,839 shares of Class A Common Stock.
The filing also shows he directly holds 4,663,334 shares of Class B Common Stock, each convertible into one Class A share, and additional Class B holdings through LAHWRAN-3 LLC, LAHWRAN-4 LLC, and the Gibson Family Trust. Multiple stock options to buy Class A shares remain outstanding with exercise prices ranging from $2.48 to $11.40 and expirations between 2030 and 2035. The conversion, sale, and gift were made under a Rule 10b5-1 trading plan adopted on May 12, 2025.
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FAQ
What insider transaction did RXRX director Christopher Gibson report?
Director Christopher Gibson reported converting 60,000 shares of Class B Common Stock into Class A, selling 40,000 Class A shares at $4.25 per share, and gifting 20,000 Class A shares, all dated January 5, 2026.
How many Recursion Pharmaceuticals (RXRX) shares does Christopher Gibson hold after the Form 4?
Following the reported transactions, Christopher Gibson directly holds 913,839 shares of Class A Common Stock. He also directly holds 4,663,334 shares of Class B Common Stock, plus additional Class B shares held indirectly through LAHWRAN-3 LLC, LAHWRAN-4 LLC, and the Gibson Family Trust.
Were the RXRX share transactions by Christopher Gibson under a Rule 10b5-1 plan?
Yes. The filing states that the conversion, sale, and gift transactions were made pursuant to a Rule 10b5-1 trading plan adopted by Christopher Gibson on May 12, 2025.
What is the significance of Class B Common Stock for Recursion Pharmaceuticals insiders?
Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date, giving the holder flexibility over when to convert.
What stock options does Christopher Gibson hold in Recursion Pharmaceuticals (RXRX)?
The Form 4 lists several stock options (rights to buy Class A Common Stock) held directly by Christopher Gibson, with exercise prices including $7.25, $10.09, $8.55, $11.40, and $2.48, and expiration dates ranging from 2030 to 2035. The vesting schedules for these options are described as monthly vesting in one-forty-eighth increments from specified start dates.
How are Christopher Gibson’s indirect RXRX holdings structured?
Indirect holdings of Class B Common Stock are reported as held by LAHWRAN-3 LLC and LAHWRAN-4 LLC, where he is a member and manager, and by the Gibson Family Trust, where he serves as trustee. These entities hold Class B shares that are convertible into Class A shares on a one-for-one basis.