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Recursion Reports Grant of Inducement Awards as Permitted by the Nasdaq Listing Rules

MWN-AI** Summary

Recursion (NASDAQ: RXRX), a prominent clinical-stage TechBio company, recently announced the granting of inducement restricted stock unit (RSU) awards as part of its strategic initiatives to attract new talent. On February 6, 2026, the Compensation Committee of Recursion's Board of Directors approved awards covering a total of 820,431 shares of Class A common stock, allocated to 17 new employees. This initiative falls under Recursion's 2024 Inducement Equity Incentive Plan, aligning with the Nasdaq Listing Rule 5635(c)(4), which allows such grants as an inducement for new hires.

These RSUs are structured to vest over time, with 25% of the shares becoming eligible on the first anniversary of the vesting commencement date, followed by quarterly vesting of 1/16th of the shares until fully vested. The continued employment of the recipients through the vesting dates is a pivotal condition for these awards, ensuring alignment with Recursion’s long-term goals and performance metrics.

Recursion’s mission is centered around utilizing advanced technology to decode biology and significantly enhance healthcare outcomes. The company operates on the Recursion OS, a platform that generates an extensive biological and chemical dataset through extensive experimentation and sophisticated machine-learning algorithms. With the capability to execute millions of experiments weekly and operate one of the world’s most powerful supercomputers, Recursion aims to remove biases in biological research and foster advancements in medicine.

Headquartered in Salt Lake City, Recursion is a key player in the life sciences sector, also having a presence in Montréal, New York, London, and Oxford. This recent grant reflects Recursion's commitment to building a robust talent pool to achieve its ambitious goals in biology and medicine. For further information, visit www.recursion.com or connect via social media.

MWN-AI** Analysis

Recursion (NASDAQ: RXRX) has recently made headlines with its grant of inducement restricted stock unit (RSU) awards, totaling 820,431 shares as approved by its Compensation Committee. This strategic move underscores the company's commitment to building a strong workforce by attracting and retaining top talent, essential for its growth trajectory in the competitive TechBio sector.

Under the Nasdaq Listing Rule 5635(c)(4), these RSU awards are a pivotal incentive, allowing Recursion to bolster its team while ensuring that employees are aligned with the company’s long-term objectives. The vesting structure—25% after one year and the remainder quarterly thereafter—encourages employee retention and commitment to the company's mission: decoding biology to revolutionize medicine.

From an investor's perspective, this move indicates that Recursion is focused not only on its immediate operational goals but also on cultivating a sustainable workforce capable of leveraging its extensive biological and chemical datasets. The company's use of sophisticated machine-learning algorithms to navigate and analyze massive datasets positions it at the forefront of innovation, potentially translating into substantial future revenue streams as its discoveries progress through clinical trials.

Investors should monitor Recursion's progress through its 2024 Plan, as the successful integration of these new employees into its operations could catalyze meaningful developments. Additionally, the broader impact of enhancing its scientific and technical capabilities may improve investor sentiment and market performance.

As Recursion continues to advance its unique technological platform and expand its research capabilities, potential investors should approach with cautious optimism, capitalizing on any dips to acquire shares of this pioneering company. Given its strategic focus and innovative prowess, RXRX may represent a compelling investment opportunity in the burgeoning TechBio landscape.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

Salt Lake City, Utah, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Recursion (NASDAQ: RXRX), a leading clinical stage TechBio company decoding biology to radically improve lives, announced that on February 6, 2026, the Compensation Committee of Recursion's Board of Directors approved the grant of inducement restricted stock unit (RSU) awards covering 820,431 shares of its class A common stock in the aggregate to 17 new employees under Recursion's 2024 Inducement Equity Incentive Plan (the “2024 Plan”). Each award was granted as an inducement material to the employee's commencement of employment with Recursion, or a subsidiary of Recursion, pursuant to Nasdaq Listing Rule 5635(c)(4).

Each inducement RSU award will vest as to 25% of the shares subject to the award on the first quarterly vesting date on or following the one-year anniversary of the vesting commencement date, and as to 1/16th of the shares on each quarterly vesting date thereafter until the inducement RSU award is fully vested, subject to the inducement RSU award recipient’s continued employment through the company vesting dates. Each inducement RSU award is subject to the terms and conditions of the 2024 Plan and the grant agreements covering the awards.

About Recursion
Recursion (NASDAQ: RXRX) is a clinical stage TechBio company leading the space by decoding biology to radically improve lives. Enabling its mission is the Recursion OS, a platform built across diverse technologies that continuously generate one of the world’s largest proprietary biological and chemical datasets. Recursion leverages sophisticated machine-learning algorithms to distill from its dataset a collection of trillions of searchable relationships across biology and chemistry unconstrained by human bias. By commanding massive experimental scale — up to millions of wet lab experiments weekly — and massive computational scale — owning and operating one of the most powerful supercomputers in the world, Recursion is uniting technology, biology and chemistry to advance the future of medicine.

Recursion is headquartered in Salt Lake City, where it is a founding member of BioHive, the Utah life sciences industry collective. Recursion also has offices in Montréal, New York, London, and the Oxford area. Learn more at www.recursion.com, or connect on X and LinkedIn.


Media Contactmedia@recursion.comInvestor Contactinvestor@recursion.com

FAQ**

How does Recursion Pharmaceuticals Inc. (RXRX) plan to utilize the newly granted RSUs to attract top talent in the competitive TechBio industry in Salt Lake City, Utah?

Recursion Pharmaceuticals Inc. (RXRX) plans to leverage the newly granted RSUs as part of a competitive compensation package to attract top talent in the TechBio sector, enhancing its ability to innovate and grow within the vibrant Salt Lake City tech ecosystem.

What impact might the approval of RSUs at Recursion Pharmaceuticals Inc. (RXRX) have on employee retention and company culture in their Salt Lake City headquarters?

The approval of RSUs at Recursion Pharmaceuticals Inc. can enhance employee retention and promote a positive company culture by aligning employee interests with the company’s long-term success, thereby fostering loyalty and motivation among employees at their Salt Lake City headquarters.

How do the innovations at Recursion Pharmaceuticals Inc. (RXRX), particularly through the Recursion OS platform, position the company in the broader life sciences landscape in Salt Lake City?

Recursion Pharmaceuticals Inc. (RXRX), through its innovative Recursion OS platform, positions itself as a leading force in the Salt Lake City life sciences landscape by leveraging advanced data analysis and machine learning to accelerate drug discovery and development.

Considering Recursion Pharmaceuticals Inc. (RXRX) is a founding member of BioHive, what collaborative opportunities exist in Salt Lake City to enhance their research and development initiatives?

Recursion Pharmaceuticals Inc. (RXRX) can leverage collaborative opportunities in Salt Lake City's thriving biotech ecosystem through partnerships with local universities, research institutions, and fellow BioHive members to enhance their research and development initiatives in innovative drug discovery and development.

**MWN-AI FAQ is based on asking OpenAI questions about Recursion Pharmaceuticals Inc. (NASDAQ: RXRX).

Recursion Pharmaceuticals Inc.

NASDAQ: RXRX

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Biotechnology & Life Sciences
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