Major RSU grant to 10x Genomics (TXG) CEO Serge Saxonov
Rhea-AI Filing Summary
10x Genomics, Inc. reported that Chief Executive Officer Serge Saxonov acquired an equity award in the form of restricted stock units covering 157,895 shares of Class A Common Stock at a stated price of $0.00 per share on February 26, 2026.
Each RSU represents a right to receive one share of Class A Common Stock upon vesting. According to the terms, 1/12 of the RSUs vest on each quarterly anniversary starting from February 21, 2026, as long as he continues as a service provider on each vesting date.
The filing also lists indirect holdings of Class A Common Stock held by the Andromeda Trust, the Y/S Descendants' Trust, and the Y/S Pot Trust, for which Saxonov serves as trustee, totaling separate positions of 27, 213,250, and 58,000 shares respectively.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 157,895 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Constitute restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock upon vesting. 1/12th of the RSUs shall vest on each quarterly anniversary measured from February 21, 2026, subject to the Reporting Person continuing as a service provider through each such date. The shares are held by the Andromeda Trust, for which the Reporting Person serves as trustee. The shares are held by the Y/S Descendants' Trust, for which the Reporting Person serves as trustee. The shares are held by the Y/S Pot Trust, for which the Reporting Person serves as trustee.