Gibson Christopher 4
4 · RECURSION PHARMACEUTICALS, INC. · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
Recursion (RXRX) Director Christopher Gibson Sells 40,000 Shares
What Happened
Christopher Gibson, a director of Recursion Pharmaceuticals (RXRX), reported several transactions on May 7, 2026. He sold 40,000 shares in an open-market sale at $3.37 each for proceeds of $134,800. The filing also shows conversions of derivative securities (60,000 shares acquired at $0.00; a separate derivative conversion recorded as a disposition for 60,000 shares) and a gift of 20,000 shares. The conversions relate to Class B common stock that is convertible into Class A common stock (see footnote F1).
Key Details
- Transaction date: 2026-05-07 (Form filed 2026-05-08 — timely).
- Open-market sale: 40,000 shares @ $3.37 = $134,800 (Sale code S). This sale was made pursuant to a Rule 10b5‑1 trading plan (footnote F2).
- Derivative conversions: 60,000 shares acquired @ $0.00 (code C) and a separate C-coded disposition of 60,000 shares @ $0.00 (reported as a derivative transaction). Footnote F1: Class B shares are convertible into Class A shares at the holder’s option.
- Gift: 20,000 shares (code G) @ $0.00. Gifts typically reflect personal/estate planning and are not a market sentiment signal.
- Holdings/vehicles: Some shares are held by entities/trusts of which Gibson is a member/manager or trustee (LAHWRAN-3 LLC, LAHWRAN-4 LLC, Gibson Family Trust — footnotes F3–F5).
- Shares owned after transaction: Not stated in the provided excerpt.
Context
- The 10b5‑1 note indicates the sale was executed under a pre-established trading plan, which often means the sale was pre-scheduled rather than a discretionary trade.
- Conversions of derivative securities here reflect converting Class B common into Class A common (no cash paid), not a cash purchase.
- The gift of 20,000 shares is a personal transfer and should not be interpreted as an economic “sale” signal.
Insider Transaction Report
- Conversion
Class A Common Stock
[F1][F2]2026-05-07+60,000→ 966,556 total - Sale
Class A Common Stock
[F2]2026-05-07$3.37/sh−40,000$134,800→ 926,556 total - Gift
Class A Common Stock
[F2]2026-05-07−20,000→ 906,556 total - Conversion
Class B Common Stock
[F1][F2]2026-05-07−60,000→ 4,343,334 totalExercise: $0.00→ Class A Common Stock (60,000 underlying)
- 386,000(indirect: By LLC)
Class B Common Stock
[F1][F3]Exercise: $0.00→ Class A Common Stock (0 underlying) - 388,000(indirect: By LLC)
Class B Common Stock
[F1][F4]Exercise: $0.00→ Class A Common Stock (0 underlying) - 50,000(indirect: By Trust)
Class B Common Stock
[F1][F5]Exercise: $0.00→ Class A Common Stock (0 underlying) - 1,050,567
Stock Option (Right to Buy)
[F6]Exercise: $7.25Exp: 2035-02-03→ Class A Common Stock (0 underlying) - 666,898
Stock Option (Right to Buy)
[F7]Exercise: $10.09Exp: 2034-02-09→ Class A Common Stock (0 underlying) - 813,600
Stock Option (Right to Buy)
[F8]Exercise: $8.55Exp: 2033-02-01→ Class A Common Stock (0 underlying) - 399,002
Stock Option (Right to Buy)
[F9]Exercise: $11.40Exp: 2032-02-04→ Class A Common Stock (0 underlying) - 5,436
Stock Option (Right to Buy)
Exercise: $11.40From: 2022-02-04Exp: 2032-02-04→ Class A Common Stock (0 underlying) - 282,500
Stock Option (Right to Buy)
[F10]Exercise: $2.48Exp: 2030-12-30→ Class A Common Stock (0 underlying)
Footnotes (10)
- [F1]Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
- [F10]The option, originally for 1,500,000 shares, vested as to one forty-eighth (1/48th) of the shares subject to the option on January 31, 2021, and one forty-eighth (1/48th) of the shares subject to the option shall vest each month thereafter.
- [F2]This transaction is pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 12, 2025.
- [F3]The shares are held by LAHWRAN-3 LLC, of which the Reporting Person is a member and a manager.
- [F4]The shares are held by LAHWRAN-4 LLC, of which the Reporting Person is a member and a manager.
- [F5]The shares are held by the Gibson Family Trust, of which the Reporting Person serves as Trustee.
- [F6]The option vests as to one forty-eighth (1/48th) of the shares subject to the option on March 1, 2025, and one forty-eighth (1/48th) of the shares subject to the option will vest each month thereafter.
- [F7]The option vests as to one forty-eighth (1/48th) of the original 666,898 shares subject to the option on March 1, 2024, and one forty-eighth (1/48th) of the shares subject to the option will vest each month thereafter.
- [F8]The option vests as to one forty-eighth (1/48th) of the shares subject to the option on March 1, 2023, and one forty-eighth (1/48th) of the shares subject to the option will vest each month thereafter.
- [F9]The option, originally for 416,350 shares, vested as to one forty-eighth (1/48th) of the shares subject to the option on March 1, 2022, and one forty-eighth (1/48th) of the shares subject to the option will vest each month thereafter.