Recursion (NASDAQ: RXRX) director sells 30,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Recursion Pharmaceuticals director Blake Borgeson sold shares in a planned trade. On June 2, he executed an open-market sale of 30,000 shares of Class A Common Stock at $3.68 per share. After the sale, he directly holds 6,169,863 shares. The transaction was made under a Rule 10b5-1 trading plan adopted on August 31, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 30,000 shares ($110,400)
Net Sell
1 txn
Insider
Borgeson Blake
Role
null
Sold
30,000 shs ($110K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 30,000 | $3.68 | $110K |
Holdings After Transaction:
Class A Common Stock — 6,169,863 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 30,000 shares
Sale price per share: $3.68 per share
Shares owned after transaction: 6,169,863 shares
+1 more
4 metrics
Shares sold
30,000 shares
Class A Common Stock sold in open-market transaction on June 2
Sale price per share
$3.68 per share
Price for the 30,000 Class A shares sold
Shares owned after transaction
6,169,863 shares
Director’s direct Class A Common Stock holdings following the sale
Transaction code
S
Denotes open-market or private sale of non-derivative securities
Key Terms
Rule 10b5-1 trading plan, Class A Common Stock, open-market sale, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"This transaction is pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 31, 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 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.
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Blake Borgeson report at Recursion Pharmaceuticals (RXRX)?
Blake Borgeson reported an open-market sale of Recursion Pharmaceuticals shares. He sold 30,000 shares of Class A Common Stock at $3.68 per share on June 2 under a pre-established Rule 10b5-1 trading plan, according to the Form 4 filing.
What type of transaction did the RXRX Form 4 report for Blake Borgeson?
The Form 4 reports an open-market sale of non-derivative securities. Specifically, it lists a sale (transaction code “S”) of 30,000 shares of Class A Common Stock, executed directly by Blake Borgeson, rather than through derivative instruments or indirect ownership structures.