10x Genomics CEO gifts 100 shares of stock
10x Genomics’ CEO reported a bona fide gift of 100 Class A shares, retaining over one million shares directly plus additional indirect trust holdings.
Rhea-AI Filing Summary
10x Genomics, Inc. (TXG) reports that Chief Executive Officer and director Serge Saxonov made a bona fide gift of 100 shares of Class A Common Stock on September 1, 2026, at a reported price of $0.00 per share. Following the gift, he held 1,075,249 Class A shares directly, and also had indirect ownership interests as trustee of the Andromeda Trust, the Y/S Descendants' Trust, and the Y/S Pot Trust. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
100 shares gifted
Gift
4 txns
Insider
Saxonov Serge
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 100 | $0.00 | $0.00 |
| holding | Class A Common Stock F1 | -- | -- | -- |
| holding | Class A Common Stock F2 | -- | -- | -- |
| holding | Class A Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,075,249 shares (Direct);
Class A Common Stock — 284,921 shares (Indirect, See footnote)
Footnotes (3)
- F1. The shares are held by the Andromeda Trust, for which the Reporting Person serves as trustee.
- F2. The shares are held by the Y/S Descendants' Trust, for which the Reporting Person serves as trustee.
- F3. The shares are held by the Y/S Pot Trust, for which the Reporting Person serves as trustee.
Key Figures
Shares gifted: 100 shares
Gift price per share: $0.00 per share
Direct holdings after transaction: 1,075,249 shares
+2 more
5 metrics
Shares gifted
100 shares
Bona fide gift of TXG Class A Common Stock on September 1, 2026
Gift price per share
$0.00 per share
Reported price for the 100-share bona fide gift
Direct holdings after transaction
1,075,249 shares
Class A Common Stock held directly by Serge Saxonov after the gift
Gift transactions count
1 transaction
Number of bona fide gift transactions reported for September 1, 2026
Total shares gifted
100 shares
Aggregate shares disposed of as a bona fide gift in this filing
Key Terms
Bona fide gift, Rule 10b5-1, Class A Common Stock, indirect ownership, +1 more
5 terms
Bona fide gift financial
"reports a bona fide gift of 100 shares of Class A Common Stock"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for this transaction"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Class A Common Stock financial
"made a bona fide gift of 100 shares of Class A Common Stock"
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.
indirect ownership financial
"also had indirect ownership interests as trustee of the Andromeda Trust"
trustee financial
"shares are held by the Andromeda Trust, for which the Reporting Person serves as trustee"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
What insider transaction did TXG report for CEO Serge Saxonov?
TXG reported that CEO Serge Saxonov made a bona fide gift of 100 shares of Class A Common Stock on September 1, 2026, with a reported price of $0.00 per share, and continued to hold over one million shares directly afterward.
Was the TXG CEO’s September 1, 2026 gift under a Rule 10b5-1 plan?
No. The filing indicates that no Rule 10b5-1 trading plan is associated with the reported transactions, meaning the bona fide gift of 100 TXG Class A shares was not executed under an affirmed trading plan.
How many bona fide gifts of TXG stock are reported in this Form 4?
The filing reports one bona fide gift transaction, covering 100 shares of TXG Class A Common Stock, executed on September 1, 2026 by CEO and director Serge Saxonov.
AI-generated analysis. How Rhea-AI works. Not financial advice.