Recursion (NASDAQ: RXRX) director gets 88,424 RSUs, sells 3,963 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RECURSION PHARMACEUTICALS, INC. director Namandje Bumpus reported both an equity award and a small share sale. On June 17, 2026, Bumpus received a grant of 88,424 restricted stock units under the company’s Outside Director Compensation Policy. These units vest on the earlier of June 17, 2027 or the day before the 2027 annual stockholders’ meeting, subject to continued service.
On June 18, 2026, Bumpus sold 3,963 shares of Class A Common Stock in an open‑market transaction at $3.18 per share, executed under a Rule 10b5‑1 trading plan adopted on March 3, 2026. After the reported transactions, Bumpus directly owned 127,632 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,963 shares ($12,602)
Net Sell
2 txns
Insider
Bumpus Namandje
Role
null
Sold
3,963 shs ($13K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,963 | $3.18 | $13K |
| Grant/Award | Class A Common Stock | 88,424 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 127,632 shares (Direct, null)
Footnotes (1)
- Represents a grant of restricted stock units automatically granted pursuant to the Issuer's Outside Director Compensation Policy. The restricted stock units will vest on the earlier of June 17,2027 or the day prior to the Issuer's 2027 Annual Meeting of Stockholders, subject to the Reporting Person's continued service to the Issuer. This transaction is pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 3, 2026.
Key Figures
RSU grant size: 88,424 shares
RSU vesting date: June 17, 2027
Shares sold: 3,963 shares
+5 more
8 metrics
RSU grant size
88,424 shares
Restricted stock units granted June 17, 2026
RSU vesting date
June 17, 2027
Or day before 2027 annual meeting, service-based
Shares sold
3,963 shares
Class A Common Stock sold June 18, 2026
Sale price
$3.18 per share
Open-market sale of Class A Common Stock
Post-transaction holdings
127,632 shares
Class A Common Stock directly owned after transactions
RSU grant price
$0.00 per unit
Grant/award acquisition with no purchase price
Net share activity
-3,963 shares
Net buy/sell direction reported as net-sell
10b5-1 plan adoption date
March 3, 2026
Covers the June 18, 2026 open-market sale
Key Terms
restricted stock units, Outside Director Compensation Policy, Rule 10b5-1 trading plan, open-market sale, +1 more
5 terms
restricted stock units financial
"Represents a grant of restricted stock units automatically granted pursuant"
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
"automatically granted pursuant to the Issuer's Outside Director Compensation Policy"
Rule 10b5-1 trading plan regulatory
"This transaction is pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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 insider transactions did Namandje Bumpus report at Recursion (RXRX)?
Namandje Bumpus reported receiving 88,424 restricted stock units and selling 3,963 Class A shares. The award was a director grant, and the sale was an open‑market transaction executed under a pre‑arranged Rule 10b5‑1 trading plan.
What equity award did Namandje Bumpus receive from Recursion (RXRX)?
Bumpus received a grant of 88,424 restricted stock units as an automatic award under Recursion’s Outside Director Compensation Policy. The units vest based on service, rather than purchase, and carry no cash exercise price per share.
When do Namandje Bumpus’s Recursion (RXRX) restricted stock units vest?
The 88,424 restricted stock units will vest on the earlier of June 17, 2027 or the day before Recursion’s 2027 annual meeting of stockholders. Vesting is contingent on Bumpus’s continued service to the company through that date.