10x Genomics (NASDAQ: TXG) grants 8,829 RSUs to director Suliman
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SULIMAN SHEHNAAZ reported acquisition or exercise transactions in this Form 4 filing.
10x Genomics director Shehnaaz Suliman received an equity award of 8,829 restricted stock units (RSUs) of Class A Common Stock. The grant has no cash purchase price and increases her direct holdings to 37,445 shares. The RSUs vest in four equal quarterly installments starting on May 21, 2026, as long as she continues as a service provider.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SULIMAN SHEHNAAZ
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,829 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 37,445 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 8,829 RSUs
Price per share: $0.00 per share
Shares held after: 37,445 shares
+2 more
5 metrics
RSUs granted
8,829 RSUs
Award of restricted stock units to director on June 4, 2026
Price per share
$0.00 per share
Grant price for RSU award
Shares held after
37,445 shares
Total Class A Common Stock directly held after transaction
Vesting start date
May 21, 2026
First quarterly vesting date for RSUs
Vesting schedule
1/4 each quarterly anniversary
Four equal installments from May 21, 2026, subject to continued service
Key Terms
restricted stock units ("RSUs"), contingent right, Class A Common Stock, service provider
4 terms
restricted stock units ("RSUs") financial
"Constitute restricted stock units ("RSUs"). Each RSU represents a contingent right"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"Each RSU represents a contingent right to receive one share of Class A Common Stock"
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of Class A Common Stock upon vesting."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
service provider financial
"subject to the Reporting Person continuing as a service provider through each such date."
FAQ
What insider transaction did 10x Genomics (TXG) report for Shehnaaz Suliman?
10x Genomics reported that director Shehnaaz Suliman received an award of 8,829 restricted stock units of Class A Common Stock. These RSUs are a form of equity compensation, not an open-market share purchase, and vest over time based on continued service.
What are the vesting terms of the new RSUs granted at 10x Genomics (TXG)?
The 8,829 restricted stock units vest in four equal quarterly installments. Vesting begins on May 21, 2026, with one-quarter vesting on each quarterly anniversary, provided Shehnaaz Suliman continues as a service provider through each applicable vesting date.
Did Shehnaaz Suliman pay cash for the 10x Genomics (TXG) RSU award?
No, the RSU award carries a price per share of $0.00 because restricted stock units are a compensation grant. They convert into shares of Class A Common Stock upon vesting, rather than being purchased in the open market for cash.
Is the 10x Genomics (TXG) Form 4 transaction a stock purchase or a compensation grant?
The Form 4 transaction is a compensation grant, not a stock purchase. Shehnaaz Suliman received 8,829 restricted stock units as a grant, which will settle into shares of Class A Common Stock as they vest over time.