Form 4: Recursion Pharmaceuticals Director Acquires Shares Under Compensation Policy
SEC Form 4
Director Zavain Dar acquired 2,229 shares of Recursion Pharmaceuticals' Class A Common Stock on October 1, 2024, under the company's Outside Director Compensation Policy.
Summary
- On October 1, 2024, Zavain Dar, a director of Recursion Pharmaceuticals, acquired 2,229 shares of Class A Common Stock.
- The acquisition was made under the Issuer's Outside Director Compensation Policy.
- The price per share was $0.
- Following the transaction, Dar directly owns 106,225 shares of Class A Common Stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. A director acquiring shares under a compensation plan is generally a good sign, indicating alignment with company performance.
Positives
- The acquisition of shares by a director demonstrates confidence in the company.
Industry Context
Director share acquisitions are common and often tied to compensation policies, aligning director interests with shareholder value.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction: Zavain Dar acquired shares of Class A Common Stock. |
| 10/04/2024 | Date of signature on the Form 4 filing. |
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