Recursion CSO uses 11,908 shares for tax withholding
Recursion Pharmaceuticals Chief Scientific Officer David Hallett reported a tax-withholding disposition of 11,908 shares of Class A Common Stock at $3.49 per share.
Rhea-AI Filing Summary
Recursion Pharmaceuticals Chief Scientific Officer David Hallett reported a tax-withholding disposition of 11,908 shares of Class A Common Stock at $3.49 per share. The shares were withheld by the company to cover taxes on restricted stock units, leaving him with 1,097,151 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 11,908 shares
Exercise Price or Tax Liability
1 txn
Insider
Hallett David
Role
Chief Scientific Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 11,908 | $3.49 | $42K |
Holdings After Transaction:
Class A Common Stock — 1,097,151 shares (Direct)
Footnotes (1)
- 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.
FAQ
What insider transaction did RXRX executive David Hallett report on this Form 4?
David Hallett reported a tax-withholding disposition of 11,908 shares of Recursion Pharmaceuticals Class A Common Stock. The shares were withheld by the company to cover tax obligations from net settlement of restricted stock units, rather than sold in an open-market transaction.
What role does David Hallett hold at Recursion Pharmaceuticals (RXRX)?
David Hallett is the Chief Scientific Officer of Recursion Pharmaceuticals, as indicated in the Form 4 filing. The reported transaction relates to his equity compensation, specifically restricted stock units that triggered tax withholding via share net settlement by the company.
AI-generated analysis. How Rhea-AI works. Not financial advice.