What does it mean?
This class diagram means that an instance of Unit can be associated with several other instances of Unit:
The hollow aggregation diamond is just a "modeling placebo": it does not change the meaning of the diagram, but just suggests that the association represents some kind of grouping.
A reflexive association means that it associates a class with itself. There is no direct relation with recursion, as this SO answer explains.
Nevertheless, recursive algorithms are good candidates to explore such associations (e.g. find all the instances of Unit that are indirectly related to a specific instance). In a database environment the term "recursive association" is sometimes used instead of "reflexive" because of the recursive joins that are used to implement them.
Note that the 1 should probably a 0..1 because 1 means exactly 1 and this would imply having endless cycles when navigating up.
How does it look like?
Since it's a one-to-many association, you could visualize it as a forest of trees: each Unit instance can be the start of some branches and several trees may share common branches (nonesense: there's at max one parent).

What is generated / How is it implemented?
Let's add some roles to better speak about the ends of the aggregation:

Code generation will depends on the tool and target languages. But the model with the aggregation and the model with the simple association will most probably generate exactly the same code, something like:
class Unit { // Java
private String id;
private Unit[] child; // java objects are sharable by default
private Unit parent; // unless we make it non navigable in that direction
...
}
In an RDBMS, the table would look very similar. The relational model allows to do a bidirectional link with only one column:
ID (PK) | Parent (FK, nullable)
----------------------------------
w |
u |
u1 | u
u2 | u
u3 | u
u21 | u2
u31 | u3
u32 | u3
v |
v2 | v
A self-join or a recursive CTE would allow to query the data making use of the reflexive association.