Recursion (NASDAQ: RXRX) director sells, gifts and converts shares
Rhea-AI Filing Summary
Recursion Pharmaceuticals director Christopher Gibson reported multiple stock movements in Class A and Class B shares. He sold 40,000 shares of Class A Common Stock at $3.37 per share in an open-market transaction and made a bona fide gift of 20,000 shares, both on May 7, 2026, under a pre-arranged Rule 10b5-1 trading plan. He also converted 60,000 shares of Class B Common Stock into 60,000 shares of Class A Common Stock. After these transactions, he directly holds 906,556 shares of Class A Common Stock. The filing also lists several outstanding stock option awards with exercise prices between $2.48 and $10.09, expiring between 2030 and 2035, and indirect holdings of Class B shares through family entities.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
13 txns
Insider
Gibson Christopher
Role
Director
Sold
40,000 shs ($135K)
Approx. gross sale proceeds
$135K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 60,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 60,000 | $0.00 | $0.00 |
| Sale | Class A Common Stock | 40,000 | $3.37 | $135K |
| Gift | Class A Common Stock | 20,000 | $0.00 | $0.00 |
| 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 — 4,343,334 shares (Direct);
Class A Common Stock — 906,556 shares (Direct);
Class B Common Stock — 0 shares (Indirect, by LAHWRAN-3 LLC);
Class B Common Stock — 0 shares (Indirect, by LAHWRAN-4 LLC);
Class B Common Stock — 0 shares (Indirect, by Gibson Family Trust);
Stock Option (Right to Buy) — 0 shares (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: $3.37/share
Shares gifted: 20,000 shares
+4 more
7 metrics
Shares sold
40,000 shares
Class A Common Stock sold at $3.37 on May 7, 2026
Sale price
$3.37/share
Open-market or private sale of Class A shares
Shares gifted
20,000 shares
Bona fide gift of Class A Common Stock on May 7, 2026
Shares converted
60,000 shares
Class B Common Stock converted into Class A Common Stock
Direct holdings after transactions
906,556 shares
Class A Common Stock directly owned after May 7, 2026
Lowest option exercise price
$2.48
Stock option on Class A Common Stock expiring December 30, 2030
Highest option exercise price
$10.09
Stock option on Class A Common Stock expiring February 9, 2034
Key Terms
Rule 10b5-1 trading plan, bona fide gift, derivative security, Class B Common Stock, +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"
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.
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
derivative security financial
"transaction_code_description": "Conversion of derivative security""
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.
Class B Common Stock financial
"Each share of Class B Common Stock is convertible into one share of Class A Common Stock"
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.
stock option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did RXRX director Christopher Gibson report?
Christopher Gibson reported a mix of transactions: an open-market sale of 40,000 Class A shares at $3.37, a bona fide gift of 20,000 Class A shares, and the conversion of 60,000 Class B shares into Class A on May 7, 2026.
Was the RXRX insider sale by Christopher Gibson pre-planned under Rule 10b5-1?
Yes. A footnote states the transaction was made pursuant to a Rule 10b5-1 trading plan adopted by Christopher Gibson on May 12, 2025. Such plans pre-schedule trades, indicating the timing of the 40,000-share sale was decided in advance.
What stock options for RXRX does Christopher Gibson have according to this filing?
The filing lists several stock option awards on Class A Common Stock with exercise prices from $2.48 to $10.09, expiring between 2030 and 2035. Footnotes describe monthly vesting in forty‑eighths starting on various March or January vesting commencement dates.