Recursion (NASDAQ: RXRX) director Elaine Sun receives 88,424 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sun Elaine D reported acquisition or exercise transactions in this Form 4 filing.
Recursion Pharmaceuticals director Elaine D. Sun received an equity award of 88,424 shares of Class A Common Stock in the form of restricted stock units. The award was granted at no cash cost to her under the company’s Outside Director Compensation Policy.
The restricted stock units will vest on the earlier of June 17, 2027 or the day before Recursion’s 2027 Annual Meeting of Stockholders, provided she continues serving the company. Following this grant, Sun directly holds 135,981 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sun Elaine D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 88,424 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 135,981 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 88,424 shares
Grant price: $0.00 per share
Holdings after grant: 135,981 shares
+1 more
4 metrics
RSU grant size
88,424 shares
Restricted stock units of Class A Common Stock granted to director
Grant price
$0.00 per share
Equity award under Outside Director Compensation Policy
Holdings after grant
135,981 shares
Total Class A Common Stock directly held by Elaine D. Sun following transaction
Vesting date
June 17, 2027
Latest vesting date for 88,424 restricted stock units, subject to continued service
Key Terms
restricted stock units, Outside Director Compensation Policy, Annual Meeting of Stockholders, Class A Common Stock
4 terms
restricted stock units financial
"Represents a grant of restricted stock units automatically granted pursuant to the Issuer's Outside Director Compensation Policy."
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
"Represents a grant of restricted stock units automatically granted pursuant to the Issuer's Outside Director Compensation Policy."
Annual Meeting of Stockholders financial
"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."
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 did Elaine D. Sun report in the latest Form 4 for RXRX?
Elaine D. Sun reported receiving 88,424 restricted stock units of Recursion Pharmaceuticals Class A Common Stock. The equity award was granted at no cash cost as part of the company’s Outside Director Compensation Policy.
When do Elaine D. Sun’s newly granted RXRX restricted stock units vest?
The 88,424 restricted stock units vest on the earlier of June 17, 2027 or the day before Recursion Pharmaceuticals’ 2027 Annual Meeting of Stockholders, assuming Elaine D. Sun continues her service with the company through that date.
Was the RXRX equity grant to Elaine D. Sun an open-market purchase?
No, the 88,424 RXRX shares were granted as restricted stock units, not bought in the open market. The Form 4 labels the transaction as a grant or award under the Outside Director Compensation Policy at a per-share price of zero.
What policy governs Elaine D. Sun’s RXRX restricted stock unit grant?
The grant of 88,424 restricted stock units to Elaine D. Sun was made automatically under Recursion Pharmaceuticals’ Outside Director Compensation Policy, which outlines standard equity compensation terms for non-employee board members.