TXG CEO Saxonov files Form 4 after RSU tax share sale
Rhea-AI Filing Summary
10x Genomics, Inc. (TXG) Chief Executive Officer and Director Serge Saxonov reported a sale of Class A common stock in a Form 4 filing. On 11/24/2025, he sold 13,261 shares at an average price of $18.9983 per share in a transaction coded "S," which the notes explain was to cover tax withholding obligations from vesting restricted stock units.
After this transaction, Saxonov beneficially owns 1,021,556 Class A shares directly. He also reports indirect ownership of 27 shares through the Andromeda Trust, 213,250 shares through the Y/S Descendants' Trust, and 58,000 shares through the Y/S Pot Trust, where he serves as trustee.
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FAQ
What did 10x Genomics (TXG) disclose in this Form 4 filing?
The filing reports that Chief Executive Officer and Director Serge Saxonov sold 13,261 shares of 10x Genomics Class A common stock on 11/24/2025 in a transaction coded "S."
Why did the TXG insider sell 13,261 shares of Class A common stock?
The explanation states that the 13,261 shares were sold to cover tax withholding obligations related to the vesting of restricted stock units.
What price did Serge Saxonov receive for the TXG shares sold?
The 13,261 shares of 10x Genomics Class A common stock were sold at an average price of $18.9983 per share.
How many TXG shares does Serge Saxonov own after this transaction?
Following the reported sale, Serge Saxonov directly owns 1,021,556 shares of 10x Genomics Class A common stock.
What indirect TXG shareholdings are reported for Serge Saxonov?
He reports indirect ownership of 27 shares held by the Andromeda Trust, 213,250 shares held by the Y/S Descendants' Trust, and 58,000 shares held by the Y/S Pot Trust, each with Saxonov serving as trustee.
What is Serge Saxonov’s role at 10x Genomics (TXG)?
The filing identifies Serge Saxonov as both a Director and an Officer, serving as the company’s Chief Executive Officer.