10x Genomics (TXG) CEO exercises options and updates shareholdings
Rhea-AI Filing Summary
10x Genomics, Inc. reported that Chief Executive Officer and director Serge Saxonov exercised stock options on January 5, 2026 to acquire 50,000 shares of Class A common stock at $1.20 per share. These shares now form part of his directly held stake of 1,071,556 Class A shares following the transaction.
The filing shows two option exercises, covering 17,463 and 32,537 underlying shares, from fully vested options expiring on October 18, 2027, leaving 173,600 stock options outstanding. In addition to his direct holdings, Saxonov is reported as trustee for three trusts that hold 27, 213,250 and 58,000 Class A shares, respectively.
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FAQ
What insider transaction did 10x Genomics (TXG) report for Serge Saxonov?
The company reported that Chief Executive Officer and director Serge Saxonov exercised stock options on January 5, 2026 to acquire 50,000 shares of Class A common stock at $1.20 per share.
How many 10x Genomics Class A shares does Serge Saxonov hold directly after this Form 4?
After the reported option exercise, Serge Saxonov directly holds 1,071,556 shares of 10x Genomics Class A common stock.
What option positions are disclosed for Serge Saxonov in this 10x Genomics Form 4?
The filing shows two exercised stock options covering 17,463 and 32,537 underlying Class A shares, with an exercise price of $1.20 per share and an expiration date of October 18, 2027. Following these exercises, 173,600 stock options remain outstanding.
Are any of Serge Saxonov’s 10x Genomics shares held through trusts?
Yes. The filing states that 27 Class A shares are held by the Andromeda Trust, 213,250 shares are held by the Y/S Descendants' Trust, and 58,000 shares are held by the Y/S Pot Trust, for which Serge Saxonov serves as trustee.
What does transaction code "M" mean in the 10x Genomics Form 4?
Transaction code "M" in the Form 4 indicates an exercise of a derivative security, in this case stock options, resulting in the acquisition of underlying Class A common shares.
What roles does Serge Saxonov hold at 10x Genomics according to this filing?
Serge Saxonov is reported as both a Director and an Officer of 10x Genomics, serving as the company’s Chief Executive Officer.