The insider sales are too small relative to market cap to warrant a bearish read. Monitor for any material corporate events (earnings, pipeline data, or financing) that could explain the timing, but on its own this cluster is noise.
Price Chart
Executive Summary
CEO Najat Khan and Director Blake Borgeson sold a combined $179K in open-market RXRX shares over a one-week window. The CEO's sale is the first open-market sale by the top executive in the cluster, and the total value is only ~0.01% of market cap — trivial relative to company size. No 10b5-1 pattern is evident, but the dollar amount is too small to carry a bearish signal on its own. This is a routine, low-conviction cluster that does not change the fundamental outlook.
Key Financial Metrics
Key Facts
- CEO Khan Najat sold 22,408 shares at $3.52 for $79K on 2026-09-08
- Director Blake Borgeson sold 30,000 shares at $3.34 for $100K on 2026-09-01
- Total cluster value of $179K represents ~0.01% of RXRX's $1.7B market cap
- Both sales were open-market (code S) — no 10b5-1 plan noted
- No insider purchases in the cluster; net direction is selling
Financial Impact
Total insider sales of $179K, or ~0.01% of market cap — immaterial
Risk Factors
- CEO selling for the first time in the cluster could indicate personal diversification, but the small size limits informational content
- No insider buying to offset the selling — a one-sided cluster, even if small
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-RXRX-1789077697879 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 11d ago | 424B5 | $3.47 $3.58 | ▼ −3.32% | ▼ −3.23% | $4.11 (−18.61%) |
Oct 15, 2026 12d ago | 8-K | $4.16 $3.58 | ▼ −13.94% | ▼ −12.93% | $4.11 (−1.20%) |
Oct 15, 2026 12d ago | Press Release | $4.16 $3.58 | ▼ −13.94% | ▼ −12.93% | $4.11 (−1.20%) |
Oct 15, 2026 12d ago | Press Release | $4.16 $3.58 | ▲ +13.94% | ▲ +12.93% | $4.11 (+1.20%) |
Oct 15, 2026 12d ago | Press Release | $4.16 $3.58 | ▼ −13.94% | ▼ −12.93% | $4.11 (−1.20%) |
Oct 15, 2026 12d ago | 424B5 | $4.16 $3.58 | ▲ +13.94% | ▲ +12.93% | $4.11 (+1.20%) |
Oct 6, 2026 21d ago | 144 | $4.63 $3.84 | ▼ −17.17% | ▼ −17.03% | $4.11 (−11.23%) |
Oct 6, 2026 21d ago | 144 | $4.63 $3.84 | ▼ −17.17% | ▼ −17.03% | $4.11 (−11.23%) |
Sep 21, 2026 5w ago | 8-K | $3.97 $3.70 | ▼ −6.80% | ▼ −5.78% | $4.11 (+3.53%) |
Sep 10, 2026 6w ago | Insider Cluster | $3.20 $3.83 | ▲ +19.69% | ▲ +20.03% | $4.11 (+28.44%) |
US Market Status
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