Recursion Pharmaceuticals (RXRX) CFO reports tax-related share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RECURSION PHARMACEUTICALS, INC. Chief Financial Officer Ben R. Taylor reported a tax-related share disposition. On this Form 4, 25,018 shares of Class A Common Stock were withheld at $3.04 per share to satisfy tax obligations from net-settled restricted stock units. This was not an open-market sale. After the withholding, Taylor directly owns 1,107,272 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Taylor Ben R
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 25,018 | $3.04 | $76K |
Holdings After Transaction:
Class A Common Stock — 1,107,272 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 25,018 shares
Withholding share price: $3.04 per share
Shares owned after transaction: 1,107,272 shares
+2 more
5 metrics
Tax-withheld shares
25,018 shares
Shares withheld to satisfy RSU tax obligations
Withholding share price
$3.04 per share
Value applied to withheld Class A Common Stock
Shares owned after transaction
1,107,272 shares
Direct Class A holdings following tax withholding
Tax-withholding transactions
1 transaction
Single F-code disposition for RSU tax obligations
Tax-withholding share count
25,018 shares
Total shares classified as tax withholding in summary
Key Terms
restricted stock units, tax withholding, net settlement, Class A Common Stock
4 terms
restricted stock units financial
"in connection with the net settlement of restricted stock units."
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.
tax withholding financial
"withheld by the Issuer to satisfy its tax withholding and remittance obligations"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
net settlement financial
"in connection with the net settlement of restricted stock units."
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What did RXRX CFO Ben R. Taylor report in this Form 4?
Ben R. Taylor reported a tax-related share disposition, where 25,018 Class A shares were withheld at $3.04 each. These shares covered tax obligations from net-settled restricted stock units rather than an open-market sale.
Was the RXRX CFO’s Form 4 transaction an open-market stock sale?
No, the transaction was not an open-market sale. The filing shows a tax-withholding disposition, where shares were withheld by the issuer to pay tax obligations on net-settled restricted stock units.