Form 4: Recursion Pharmaceuticals Director Acquires Shares Under Compensation Policy
SEC Form 4
Director Terry-Ann Burrell acquired 1,467 shares of Recursion Pharmaceuticals' Class A Common Stock on April 1, 2024, under the company's Outside Director Compensation Policy.
Summary
- On April 1, 2024, Terry-Ann Burrell, a director of Recursion Pharmaceuticals, acquired 1,467 shares of Class A Common Stock.
- The acquisition was made under the Issuer's Outside Director Compensation Policy.
- Following the transaction, Burrell directly owns 56,314 shares of Recursion Pharmaceuticals.
- The transaction was reported on April 3, 2024.
Sentiment
Score: 6
Explanation: Neutral sentiment as the transaction is part of a standard compensation policy and doesn't indicate significant positive or negative news.
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 has a minor positive impact on stakeholders by aligning director interests with shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: Terry-Ann Burrell acquired shares of Class A Common Stock. |
| 04/03/2024 | Date of filing: Form 4 filing reporting the transaction. |
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