Recursion director sells 40,000 shares in RXRX
Recursion Pharmaceuticals director Christopher Gibson converted and sold shares of the company’s stock.
Rhea-AI Filing Summary
Recursion Pharmaceuticals director Christopher Gibson converted and sold shares of the company’s stock. On April 7, he converted 40,000 shares of Class B Common Stock into 40,000 shares of Class A Common Stock and then sold 40,000 Class A shares at $3.10 per share in an open-market transaction.
The trades were made pursuant to a Rule 10b5-1 trading plan adopted on May 12, 2025. Following these transactions, he directly holds 906,556 shares of Class A Common Stock and 4,443,334 shares of Class B Common Stock, while various family entities no longer show Class B holdings in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 40,000 shares ($124K approx. pre-tax spread)
Exercise and Sale
12 txns
Insider
Gibson Christopher
Role
Director
Sold
40,000 shs ($124K)
Approx. gross sale proceeds
$124K
Approx. exercise cost
$0.00
Approx. pre-tax spread
$124K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 40,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 40,000 | $0.00 | $0.00 |
| Sale | Class A Common Stock | 40,000 | $3.10 | $124K |
| 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 B Common Stock — 4,443,334 contracts (Direct);
Class A Common Stock — 906,556 shares (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. 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.
- F2. This transaction is pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 12, 2025.
- 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
Shares sold: 40,000 shares
Sale price: $3.10 per share
Class A holdings after: 906,556 shares
+5 more
8 metrics
Shares sold
40,000 shares
Class A Common Stock sold at $3.10 on April 7, 2026
Sale price
$3.10 per share
Open-market sale of 40,000 Class A shares
Class A holdings after
906,556 shares
Direct Class A Common Stock held post-transaction
Class B holdings after
4,443,334 shares
Direct Class B Common Stock held post-conversion
Conversion amount
40,000 shares
Class B converted into Class A Common Stock
Option strike price
$7.25 per share
Stock option to buy Class A shares expiring February 3, 2035
Option strike price
$10.09 per share
Stock option to buy Class A shares expiring February 9, 2034
Option strike price
$2.48 per share
Stock option to buy Class A shares expiring December 30, 2030
Key Terms
Rule 10b5-1 trading plan, Class B Common Stock, Class A Common Stock, derivative security, +1 more
5 terms
Rule 10b5-1 trading plan financial
"This transaction is pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 12, 2025."
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.
Class B Common Stock financial
"Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder."
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.
Class A Common Stock financial
"underlying_security_title: "Class A Common Stock" and sales of 40,000 shares of Class A Common Stock at $3.1000 per share."
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.
derivative security financial
"transaction_code_description: "Conversion of derivative security" for the Class B to Class A conversion."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)" with various exercise prices and expiration dates."
FAQ
What insider transaction did RXRX director Christopher Gibson report?
Christopher Gibson reported a planned conversion and sale of RXRX shares. He converted 40,000 Class B shares into 40,000 Class A shares, then sold 40,000 Class A shares at $3.10 each, while retaining substantial remaining holdings in both Class A and Class B stock.
Was the RXRX insider sale made under a Rule 10b5-1 trading plan?
Yes, the sale was made under a Rule 10b5-1 trading plan. A footnote states the transaction occurred pursuant to a Rule 10b5-1 plan adopted by Christopher Gibson on May 12, 2025, indicating the trades were pre-arranged rather than opportunistic.
What RXRX holdings does Christopher Gibson report after these transactions?
After the transactions, Gibson reports large remaining positions. He directly owns 906,556 shares of Class A Common Stock and 4,443,334 shares of Class B Common Stock, according to the post-transaction balances shown in the filing’s ownership tables.
What is the relationship between RXRX Class B and Class A Common Stock in this filing?
Each Class B share is convertible into one Class A share. A footnote explains that every share of Class B Common Stock can be converted into a single Class A share at the holder’s option, with no expiration date on this conversion right.
Does Christopher Gibson still hold RXRX stock options after this Form 4?
The filing lists several remaining stock option positions. It shows options to buy Class A shares with exercise prices including $7.25, $8.55, $10.09, $11.40 and $2.48, and expiration dates ranging from 2030 through 2035, reflecting ongoing equity-based incentives.
AI-generated analysis. How Rhea-AI works. Not financial advice.
