10x Genomics CEO sells 18,545 shares for taxes
10x Genomics, Inc. (TXG) reported an insider transaction by Chief Executive Officer and director Serge Saxonov.
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Rhea-AI Filing Summary
10x Genomics, Inc. (TXG) reported an insider transaction by Chief Executive Officer and director Serge Saxonov. On 2026-08-24, he sold 18,545 shares of Class A Common Stock at a weighted average price of $63.0237 per share in open-market trades, solely to cover tax withholding obligations arising from the vesting of restricted stock units. After this sale, he directly held 1,085,835 shares of Class A Common Stock and also had indirect holdings through three trusts for which he serves as trustee.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 18,545 | $63.0237 | $1.17M |
| holding | Class A Common Stock F3 | -- | -- | -- |
| holding | Class A Common Stock F4 | -- | -- | -- |
| holding | Class A Common Stock F5 | -- | -- | -- |
Footnotes (5)
- F1. The shares were sold to cover tax withholding obligations in connection with the vesting of restricted stock units.
- F2. This transaction was executed in multiple trades at prices ranging from $63.0088 to $63.78, inclusive. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- F3. The shares are held by the Andromeda Trust, for which the Reporting Person serves as trustee.
- F4. The shares are held by the Y/S Descendants' Trust, for which the Reporting Person serves as trustee.
- F5. The shares are held by the Y/S Pot Trust, for which the Reporting Person serves as trustee.
Key Figures
Key Terms
restricted stock units financial
weighted average sale price financial
indirect ownership financial
tax withholding obligations financial
FAQ
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What did TXG CEO Serge Saxonov report in this Form 4 filing?
Was this TXG insider sale under a Rule 10b5-1 trading plan?
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