Recursion Pharmaceuticals (NASDAQ: RXRX) director sells 30,000 shares in planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Recursion Pharmaceuticals director Blake Borgeson reported an open-market sale of Class A Common Stock. On this transaction date, he sold 30,000 shares at a price of $3.10 per share. After the sale, he directly held 6,229,863 shares of Class A Common Stock.
The sale was executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted by Borgeson on August 31, 2025, indicating the trade was scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 30,000 shares ($93,000)
Net Sell
1 txn
Insider
Borgeson Blake
Role
Director
Sold
30,000 shs ($93K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 30,000 | $3.10 | $93K |
Holdings After Transaction:
Class A Common Stock — 6,229,863 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 30,000 shares
Sale price: $3.10 per share
Shares held after sale: 6,229,863 shares
3 metrics
Shares sold
30,000 shares
Open-market sale of Class A Common Stock
Sale price
$3.10 per share
Price for 30,000-share open-market sale
Shares held after sale
6,229,863 shares
Direct Class A Common Stock ownership following transaction
Key Terms
Rule 10b5-1 trading plan, open-market sale, Class A Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"This transaction is pursuant to a Rule 10b5-1 trading plan adopted"
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.
open-market sale financial
"transaction_action": "open-market sale""
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.
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 insider transaction did RXRX director Blake Borgeson report?
Blake Borgeson reported selling 30,000 shares of Recursion Pharmaceuticals Class A Common Stock in an open-market transaction at $3.10 per share. This Form 4 filing shows a planned sale under a Rule 10b5-1 trading plan rather than a spontaneous trade.
Was Blake Borgeson’s RXRX stock sale under a Rule 10b5-1 plan?
Yes. The footnote explains the sale was made pursuant to a Rule 10b5-1 trading plan adopted on August 31, 2025. Such plans allow insiders to pre-schedule trades, reducing the significance of trade timing as a signal of changing sentiment.
What type of security did Blake Borgeson sell in this RXRX Form 4?
The Form 4 shows Borgeson sold Class A Common Stock of Recursion Pharmaceuticals. It was a non-derivative open-market sale of 30,000 shares, and there were no accompanying derivative exercises or option-related transactions reported in this particular filing.