Recursion (NASDAQ: RXRX) CEO's 80K shares withheld for RSU taxes
Rhea-AI Filing Summary
RECURSION PHARMACEUTICALS, INC. (RXRX) reported that CEO and President Najat Khan had 80,498 shares of Class A Common Stock withheld on 2026-08-17. These shares were withheld by the company to satisfy tax withholding and remittance obligations related to the net settlement of restricted stock units, not sold in an open-market transaction. After this withholding, Khan directly holds 2,095,298 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 80,498 shares
Net Sell
1 txn
Insider
Khan Najat
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 80,498 | $3.16 | $254K |
Holdings After Transaction:
Class A Common Stock — 2,095,298 shares (Direct)
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
Shares withheld for taxes: 80,498 shares
Price per share: $3.16 per share
Shares held after transaction: 2,095,298 shares
3 metrics
Shares withheld for taxes
80,498 shares
Shares of Class A Common Stock withheld on 2026-08-17 to satisfy tax obligations
Price per share
$3.16 per share
Value used for tax-withholding disposition of 80,498 shares
Shares held after transaction
2,095,298 shares
Direct ownership of Class A Common Stock by Najat Khan after withholding
Key Terms
restricted stock units, net settlement, withheld by the Issuer
3 terms
restricted stock units financial
"in connection with the net settlement of restricted stock units"
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.
net settlement financial
"in connection with the net settlement of restricted stock units"
withheld by the Issuer financial
"Represents shares that have been withheld by the Issuer to satisfy"
FAQ
What did RXRX CEO Najat Khan report in this Form 4 transaction?
Najat Khan reported that 80,498 RXRX shares of Class A Common Stock were withheld on 2026-08-17 to cover tax withholding obligations from net-settled restricted stock units, rather than being sold on the open market.
What does transaction code "F" mean in the RXRX Form 4 for Najat Khan?
Transaction code "F" indicates payment of tax liability by delivering or withholding securities. Here, 80,498 RXRX shares were withheld by the issuer to cover tax obligations from net-settled restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.