Recursion (NASDAQ: RXRX) director sells 40,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Recursion Pharmaceuticals director Christopher Gibson reported an insider trade involving the company’s Class A and Class B shares. On June 5, 2026, he converted 40,000 shares of Class B Common Stock into 40,000 shares of Class A Common Stock and sold those Class A shares at $3.62 per share.
The filing states this sale was made pursuant to a Rule 10b5-1 trading plan adopted on May 12, 2025, indicating it was pre-planned. After these transactions, Gibson held 923,735 shares of Class A Common Stock and 4,263,334 shares of Class B Common Stock directly, suggesting the 40,000-share sale represents only a small portion of his overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 40,000 shares ($144,800)
Net Sell
12 txns
Insider
Gibson Christopher
Role
null
Sold
40,000 shs ($145K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 40,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 40,000 | $0.00 | -- |
| Sale | Class A Common Stock | 40,000 | $3.62 | $145K |
| 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 — 4,263,334 shares (Direct, null);
Class A Common Stock — 923,735 shares (Direct, null);
Class B Common Stock — 0 shares (Indirect, by LAHWRAN-3 LLC);
Stock Option (Right to Buy) — 0 shares (Direct, null)
Footnotes (1)
- Represents the automatic conversion of Class B Common Stock into Class A Common Stock in connection with a sale of the shares by the Reporting Person. Each share of Class B Common Stock is convertible into one share of Class A Common Stock. This transaction is pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 12, 2025. 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. The shares are held by LAHWRAN-3 LLC, of which the Reporting Person is a member and a manager. The shares are held by LAHWRAN-4 LLC, of which the Reporting Person is a member and a manager. The shares are held by the Gibson Family Trust, of which the Reporting Person serves as Trustee. 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. 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. 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. 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. 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: $3.62 per share
Class A holdings after: 923,735 shares
+3 more
6 metrics
Shares sold
40,000 shares
Class A Common Stock sold on June 5, 2026
Sale price
$3.62 per share
Price for 40,000 Class A shares sold
Class A holdings after
923,735 shares
Direct Class A Common Stock after transactions
Class B holdings after
4,263,334 shares
Direct Class B Common Stock after derivative conversion
Converted shares
40,000 shares
Class B converted into Class A on June 5, 2026
Rule 10b5-1 plan adoption
May 12, 2025
Plan governing the June 5, 2026 sale
Key Terms
Rule 10b5-1 trading plan, Class B Common Stock, derivative conversion, Stock Option (Right to Buy, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"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
"Represents the automatic conversion of Class B Common Stock into Class A Common Stock in connection with a sale of the shares."
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.
derivative conversion financial
"Transaction code C is described as a derivative conversion of Class B Common Stock into Class A Common Stock."
Stock Option (Right to Buy financial
"Several holdings are listed as Stock Option (Right to Buy) with various exercise prices and expirations."
open-market sale financial
"Transaction code S is described as a sale in open market or private transaction for Class A Common Stock."
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.
FAQ
What insider transaction did Christopher Gibson report for RXRX?
Christopher Gibson reported converting 40,000 Class B shares into 40,000 Class A shares and selling those Class A shares at $3.62 each. The trade was disclosed as an open-market or private sale on June 5, 2026, in a Form 4 filing.
What is Christopher Gibson’s Class B Common Stock position at RXRX?
Following the derivative conversion, Christopher Gibson directly holds 4,263,334 shares of Class B Common Stock. A footnote states each Class B share is convertible into one Class A share and has no expiration date, providing long-term flexibility.