Recursion director covers taxes with 22,821 shares
Recursion Pharmaceuticals director Christopher Gibson reported a routine tax-withholding transaction involving Class A Common Stock.
Rhea-AI Filing Summary
Recursion Pharmaceuticals director Christopher Gibson reported a routine tax-withholding transaction involving Class A Common Stock. On the reported date, 22,821 shares of Class A Common Stock were withheld at $3.04 per share to satisfy tax obligations from the net settlement of restricted stock units, rather than through an open-market sale.
After this withholding, Gibson directly held 883,735 Class A Common shares. The filing also lists various stock option grants with exercise prices between $2.48 and $11.40 per share and expirations from 2030 to 2035, as well as Class B Common Stock held indirectly through the Gibson Family Trust and LAHWRAN-3 and LAHWRAN-4 LLCs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 22,821 shares
Exercise Price or Tax Liability
11 txns
Insider
Gibson Christopher
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 22,821 | $3.04 | $69K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 883,735 shares (Direct);
Class B Common Stock — 0 contracts (Direct);
Class B Common Stock — 0 contracts (Indirect, by LAHWRAN-3 LLC);
Class B Common Stock — 0 contracts (Indirect, by LAHWRAN-4 LLC);
Class B Common Stock — 0 contracts (Indirect, by Gibson Family Trust);
Stock Option (Right to Buy) — 0 contracts (Direct)
Footnotes (10)
- F1. Represents shares that have been withheld by the Issuer to satisfy its tax withholding and remittance obligations in connection with the net settlement of restricted stock units.
- F2. 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.
- F3. The shares are held by LAHWRAN-3 LLC, of which the Reporting Person is a member and a manager.
- F4. The shares are held by LAHWRAN-4 LLC, of which the Reporting Person is a member and a manager.
- F5. The shares are held by the Gibson Family Trust, of which the Reporting Person serves as Trustee.
- F6. The option vests as to one forty-eighth (1/48th) of the shares subject to the option on March 1, 2025, and one forty-eighth (1/48th) of the shares subject to the option will vest each month thereafter.
- F7. The option vests as to one forty-eighth (1/48th) of the original 666,898 shares subject to the option on March 1, 2024, and one forty-eighth (1/48th) of the shares subject to the option will vest each month thereafter.
- F8. The option vests as to one forty-eighth (1/48th) of the shares subject to the option on March 1, 2023, and one forty-eighth (1/48th) of the shares subject to the option will vest each month thereafter.
- F9. The option, originally for 416,350 shares, vested as to one forty-eighth (1/48th) of the shares subject to the option on March 1, 2022, and one forty-eighth (1/48th) of the shares subject to the option will vest each month thereafter.
- F10. The option, originally for 1,500,000 shares, vested as to one forty-eighth (1/48th) of the shares subject to the option on January 31, 2021, and one forty-eighth (1/48th) of the shares subject to the option shall vest each month thereafter.
Key Figures
Tax-withheld shares: 22,821 shares
Tax-withholding price: $3.04 per share
Post-transaction Class A holdings: 883,735 shares
+3 more
6 metrics
Tax-withheld shares
22,821 shares
Shares withheld to satisfy RSU-related tax obligations
Tax-withholding price
$3.04 per share
Price for 22,821 Class A shares withheld
Post-transaction Class A holdings
883,735 shares
Direct Class A Common Stock held after tax withholding
Stock option exercise price
$2.48 per share
Stock Option (Right to Buy) expiring 2030-12-30
Highest listed option strike
$11.40 per share
Stock options expiring 2032-02-04
Latest option expiration
2035-02-03
Expiration date for a $7.25 stock option grant
Key Terms
restricted stock units, Stock Option (Right to Buy, Class B Common Stock, tax withholding and remittance obligations, +1 more
5 terms
restricted stock units financial
"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.
Stock Option (Right to Buy financial
"security_title": "Stock Option (Right to Buy)"
Class B Common Stock financial
"security_title": "Class B Common Stock""
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
tax withholding and remittance obligations financial
"to satisfy its tax withholding and remittance obligations"
FAQ
What did Christopher Gibson report in this RXRX Form 4 filing?
Christopher Gibson reported a tax-withholding disposition of Class A Common Stock. The issuer withheld shares to cover tax obligations arising from net settlement of restricted stock units, a routine administrative event rather than an open-market stock sale.
Is the Form 4 transaction for RXRX an open-market sale by Christopher Gibson?
No, the transaction reflects tax withholding, not an open-market sale. The issuer withheld 22,821 shares to satisfy its tax withholding and remittance obligations related to restricted stock units, as described in the filing footnote, rather than Gibson selling shares in the market.
What stock options for RXRX does Christopher Gibson have referenced in this filing?
The filing lists several stock options labeled as rights to buy Class A Common Stock with exercise prices of $2.48, $7.25, $8.55, $10.09, and $11.40, expiring between 2030 and 2035, with vesting occurring monthly per described schedules.
AI-generated analysis. How Rhea-AI works. Not financial advice.
