Biotech Director Compensation: Recursion Awards 66K Shares to Board Member
Rhea-AI Filing Summary
Recursion Pharmaceuticals (RXRX) Director Robert Hershberg received new equity compensation grants on June 18, 2025. The awards consist of:
- 22,016 restricted stock units (RSUs) that will vest on the earlier of June 18, 2026, or the day before the 2026 Annual Meeting
- Stock options to purchase 44,031 shares at an exercise price of $5.11 per share, vesting on the same schedule as the RSUs
Following these transactions, Hershberg directly owns 73,732 shares of Class A Common Stock and 44,031 stock options. These equity grants were made automatically under the company's Outside Director Compensation Policy and are subject to continued service requirements. The filing indicates standard insider trading reporting compliance under Section 16(a) of the Securities Exchange Act.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 22,016 shares
Net Buy
2 txns
Insider
HERSHBERG ROBERT
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 44,031 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 22,016 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 44,031 shares (Direct);
Class A Common Stock — 73,732 shares (Direct)
Footnotes (2)
- F1. 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 18, 2026 or the day prior to the Issuer's 2026 Annual Meeting of Stockholders, subject to the Reporting Person's continued service to the Issuer.
- F2. The shares subject to this option will vest and become exercisable on the earlier of June 18, 2026 or the date of the Issuer's 2026 Annual Meeting of Stockholders, subject to the Reporting Person's continued service to the Issuer.
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FAQ
What insider trading activity occurred at RXRX on June 18, 2025?
Director Robert Hershberg received two equity grants: 22,016 restricted stock units (RSUs) and stock options to purchase 44,031 shares of Class A Common Stock at an exercise price of $5.11 per share.
When do Robert Hershberg's RXRX stock options and RSUs vest?
Both the RSUs and stock options will vest on the earlier of June 18, 2026, or the day prior to Recursion Pharmaceuticals' 2026 Annual Meeting of Stockholders, subject to Hershberg's continued service to the company.
What is the exercise price and expiration date of RXRX stock options granted to Hershberg?
The stock options were granted with an exercise price of $5.11 per share and expire on June 18, 2035, ten years from the grant date.