Recursion Pharmaceuticals (RXRX) director sale under Rule 10b5-1 plan
Rhea-AI Filing Summary
Recursion Pharmaceuticals director Blake Borgeson reported selling 220,000 shares of the company’s Class A common stock on January 6, 2026 at a price of $4.36 per share. After this transaction, he beneficially owned 6,649,863 shares of Class A common stock in direct ownership.
The sale was carried out under a pre-arranged Rule 10b5-1 trading plan that Borgeson adopted on August 31, 2025. Such plans are designed to allow insiders to sell shares according to a preset schedule or conditions, helping separate routine liquidity transactions from day-to-day market or company developments.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 220,000 | $4.36 | $959K |
Footnotes (1)
- F1. This transaction is pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 31, 2025.
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FAQ
What insider transaction did Recursion Pharmaceuticals (RXRX) report for Blake Borgeson?
Recursion Pharmaceuticals reported that director Blake Borgeson sold 220,000 shares of Class A common stock on January 6, 2026 in a Form 4 filing.
What is the role of Blake Borgeson at Recursion Pharmaceuticals (RXRX)?
According to the filing, Blake Borgeson is a director of Recursion Pharmaceuticals and is not listed as an officer or 10% owner.
Is Blake Borgeson’s ownership in RXRX direct or indirect after the sale?
The Form 4 indicates that Borgeson’s 6,649,863 shares are held with direct (D) ownership, with no nature of indirect ownership specified.