Recursion (RXRX) director Zavain Dar granted 88,424 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dar Zavain reported acquisition or exercise transactions in this Form 4 filing.
RECURSION PHARMACEUTICALS director Zavain Dar received an equity grant. He was awarded 88,424 shares of Class A Common Stock in the form of restricted stock units for board service, at no cash cost. These RSUs vest on the earlier of June 17, 2027 or the day before the 2027 annual stockholder meeting, subject to continued service, bringing his direct holdings to 235,655 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dar Zavain
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 88,424 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 235,655 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 88,424 shares
Holdings after transaction: 235,655 shares
Grant price per share: $0.0000 per share
+1 more
4 metrics
RSUs granted
88,424 shares
Restricted stock unit award on June 17, 2026
Holdings after transaction
235,655 shares
Class A Common Stock held directly after grant
Grant price per share
$0.0000 per share
Reported transaction price for RSU grant
Vesting date trigger
June 17, 2027
Earlier of this date or day before 2027 annual meeting
Key Terms
restricted stock units, Outside Director Compensation Policy, Annual Meeting of Stockholders
3 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
"automatically granted pursuant to the Issuer's Outside Director Compensation Policy."
Annual Meeting of Stockholders regulatory
"will vest on the earlier of June 17,2027 or the day prior to the Issuer's 2027 Annual Meeting of Stockholders"
FAQ
What did RXRX director Zavain Dar receive in this Form 4 filing?
Zavain Dar received 88,424 shares of Class A Common Stock in the form of restricted stock units. The grant was made under Recursion Pharmaceuticals’ Outside Director Compensation Policy as part of his compensation for serving on the board.
When do Zavain Dar’s new RXRX restricted stock units vest?
The restricted stock units vest on the earlier of June 17, 2027, or the day before Recursion Pharmaceuticals’ 2027 Annual Meeting of Stockholders. Vesting is conditioned on Dar continuing to provide service to the company through that date.
Was Zavain Dar’s RXRX equity grant a market purchase or sale?
The transaction was a grant of restricted stock units, not a market purchase or sale. It was automatically awarded under the company’s Outside Director Compensation Policy, with no price paid per share reported in the Form 4.
What is the nature of the RXRX equity reported for Zavain Dar?
The equity consists of restricted stock units that convert into Class A Common Stock upon vesting. These units are part of standard outside director compensation and are subject to vesting tied to continued service on the Recursion Pharmaceuticals board.