RXRX Form 4: CFO Ben Taylor Reports 11,908-Share Withholding for Taxes
Rhea-AI Filing Summary
Recursion Pharmaceuticals (RXRX) Form 4: The company's Chief Financial Officer, Ben R. Taylor, reported a transaction dated 08/15/2025 in which 11,908 shares of Class A common stock were disposed of at $5.64 per share. The filing states these shares were withheld by the issuer to satisfy tax withholding obligations related to net settlement of restricted stock units. After the withholding, the reporting person beneficially owned 811,226 shares, held directly. The Form 4 was signed via attorney-in-fact on 08/19/2025.
Positive
- Substantial retained ownership: Reporting person holds 811,226 shares directly after the transaction, indicating continued alignment with shareholders.
- Transaction characterized as tax withholding: The filing explicitly states the shares were withheld to satisfy tax obligations from net-settled RSUs, suggesting an administrative, not discretionary, sale.
Negative
- Disposition of shares: 11,908 shares were disposed of at $5.64 per share, which reduces the reporting person's absolute holdings.
- Insider activity noted: Any insider disposition may attract investor attention even if for tax withholding purposes.
Insights
TL;DR Insider tax-withholding resulted in a routine disposal of 11,908 shares; substantial direct ownership remains.
The reported transaction is described as a withholding to satisfy tax obligations from net-settled restricted stock units, which is a common administrative disposition and not an open-market sale. The disposal amount (11,908 shares at $5.64) appears incidental to compensation settlement rather than an intent to liquidate holdings. The reporting person retains sizeable direct ownership (811,226 shares), maintaining alignment with shareholders. No derivative transactions or additional transfers are reported.
TL;DR Transaction consistent with standard RSU net-settlement; filing shows continued significant insider ownership.
The explanation explicitly states the shares were withheld to satisfy tax withholding for net-settled RSUs, which typically indicates administrative processing rather than discretionary selling by the officer. The continued direct ownership of 811,226 shares suggests ongoing equity exposure. The Form 4 provides clear, limited detail and includes an attorney-in-fact signature, which is acceptable for filings when executed by a designee.