Recursion CSO reports RSU tax share withholding
Recursion Pharmaceuticals Chief Scientific Officer David Hallett reported a tax-related share disposition.
Rhea-AI Filing Summary
Recursion Pharmaceuticals Chief Scientific Officer David Hallett reported a tax-related share disposition. On this Form 4, 26,657 shares of Class A Common Stock were withheld at a price of $3.04 per share to cover tax obligations tied to restricted stock units.
These shares were retained by the company to satisfy withholding and remittance duties in connection with net-settled RSUs, not sold on the open market. After this withholding event, Hallett directly holds 1,070,494 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insights
Routine tax withholding; no open-market trading signal.
The transaction is coded "F" and described as tax-withholding, with 26,657 shares withheld at $3.04 per share to settle obligations from restricted stock units. This is a mechanical step linked to equity compensation rather than a discretionary trade.
Following the event, David Hallett holds 1,070,494 shares of Class A Common Stock, indicating a substantial continuing stake. Because no open-market buying or selling occurred, the informational value for sentiment is limited, and the filing appears administratively routine.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 26,657 | $3.04 | $81K |
Footnotes (1)
- F1. Represents shares that have been withheld by the Issuer to satisfy its tax withholding and remittance obligations in connection with the net settlement of restricted stock units.
Key Figures
Key Terms
Form 4 regulatory
Class A Common Stock financial
restricted stock units financial
tax withholding financial
net settlement financial
FAQ
What insider transaction did Recursion Pharmaceuticals (RXRX) report for David Hallett?
What does transaction code "F" mean in the Recursion Pharmaceuticals (RXRX) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.