10x Genomics (TXG) exec sells shares to cover tax bill from vesting
Rhea-AI Filing Summary
10x Genomics, Inc. (TXG) reported that Benjamin J. Hindson, its President and Chief Scientific Officer and a director, sold 13,818 shares of Class A common stock on August 24, 2026. The shares were sold to cover tax withholding obligations arising from the vesting of restricted stock units, and Hindson held 488,182 shares directly after the transaction. The sale price reflected a weighted average of $63.0236 per share from multiple trades between $63.0088 and $63.78.
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Insights
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Insider Trade Summary
Net Seller: 13,818 shares
Net Sell
1 txn
Insider
Hindson Benjamin J.
Role
See Remarks
Sold
13,818 shs ($871K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 13,818 | $63.0236 | $871K |
Holdings After Transaction:
Class A Common Stock — 488,182 shares (Direct)
Footnotes (2)
- 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.
Key Figures
Shares sold: 13,818 shares of Class A Common Stock
Weighted average sale price: $63.0236 per share
Shares held after transaction: 488,182 shares
+1 more
4 metrics
Shares sold
13,818 shares of Class A Common Stock
Sale on August 24, 2026 to cover tax withholding obligations
Weighted average sale price
$63.0236 per share
Multiple trades ranging from $63.0088 to $63.78
Shares held after transaction
488,182 shares
Direct ownership by Benjamin J. Hindson following the sale
Price range of trades
$63.0088–$63.78 per share
Individual trade prices within the reported weighted average sale
Key Terms
restricted stock units, tax withholding obligations, weighted average sale price
3 terms
restricted stock units financial
"in connection with the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"sold to cover tax withholding obligations in connection with the vesting"
weighted average sale price financial
"The price reported above reflects the weighted average sale price"
FAQ
What insider transaction did TXG report for Benjamin J. Hindson?
TXG reported that Benjamin J. Hindson sold 13,818 shares of Class A common stock on August 24, 2026, in connection with tax withholding obligations from vesting restricted stock units. After this sale, he held 488,182 shares directly.
Why did Benjamin J. Hindson sell TXG stock in this Form 4?
The Form 4 states the 13,818 shares were sold to cover tax withholding obligations related to the vesting of restricted stock units, indicating a tax-related sale rather than a discretionary open-market liquidation of holdings.
Was Benjamin J. Hindson’s TXG stock sale under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not checked, and there is no footnote stating the trades were made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.