Form 4: Recursion Pharmaceuticals Chief Medical Officer David J. Mauro Reports Stock Transaction
SEC Form 4 Filing
David J. Mauro, Chief Medical Officer of Recursion Pharmaceuticals, sold 4,187 shares of Class A Common Stock to cover tax obligations related to restricted stock units.
Summary
- David J. Mauro, the Chief Medical Officer of Recursion Pharmaceuticals, reported a transaction involving the company's stock.
- On November 15, 2024, Mr. Mauro disposed of 4,187 shares of Class A Common Stock at a price of $6.175 per share.
- This transaction was to cover tax withholding obligations related to the net settlement of restricted stock units.
- Following the transaction, Mr. Mauro directly owns 225,429 shares of Class A Common Stock.
- Mr. Mauro also holds stock options for 99,537 shares at an exercise price of $10.09 and 381,426 shares at an exercise price of $8.77.
Sentiment
Score: 5
Explanation: The document is a routine filing of an insider transaction and does not indicate any positive or negative sentiment. It is a neutral event.
Industry Context
This is a routine filing for insider transactions and is common for executives who receive stock-based compensation. It does not indicate any specific trend in the pharmaceutical industry.
Comparison to Industry Standards
- Stock transactions by executives are a common occurrence in publicly traded companies, especially in the biotech and pharmaceutical sectors.
- The sale of shares to cover tax obligations is a standard practice when restricted stock units vest.
- The vesting schedules for the stock options are typical for executive compensation packages.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive.
- The transaction does not impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 11/15/2024 | Date of the stock transaction where 4,187 shares were disposed of. |
| 11/19/2024 | Date the Form 4 was signed. |
| 03/01/2024 | Start date for vesting of stock options at $10.09. |
| 06/01/2024 | Start date for vesting of stock options at $8.77. |
| 02/09/2034 | Expiration date for stock options at $10.09. |
| 06/01/2033 | Expiration date for stock options at $8.77. |
Keywords
Recursion Pharmaceuticals, David J. Mauro, stock transaction, Form 4, insider trading, Class A Common Stock, stock options, restricted stock units, tax withholding
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