88,816 RSUs awarded to 10x Genomics (TXG) director Hindson
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hindson Benjamin J. reported acquisition or exercise transactions in this Form 4 filing.
10x Genomics, Inc. reported that director and officer Benjamin J. Hindson received a grant of 88,816 restricted stock units (RSUs) linked to its Class A Common Stock at a stated price of $0.00 per share. Each RSU represents a right to receive one share upon vesting.
According to the award terms, 1/12 of the RSUs will vest on each quarterly anniversary starting on February 21, 2026, as long as Hindson continues as a service provider through each vesting date. After this grant, his directly held Class A Common Stock, including RSUs, totals 513,595 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hindson Benjamin J.
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 88,816 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 513,595 shares (Direct)
Footnotes (1)
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FAQ
What did Benjamin J. Hindson report in this Form 4 for TXG?
Benjamin J. Hindson reported receiving a grant of 88,816 restricted stock units tied to 10x Genomics Class A Common Stock at a stated price of $0.00 per share. These RSUs convert into shares only as they vest over time.
How many 10x Genomics (TXG) RSUs were granted to Hindson?
Hindson was granted 88,816 restricted stock units. Each RSU represents a contingent right to receive one share of Class A Common Stock upon vesting, so the award can convert into 88,816 shares if all vesting conditions are satisfied.
What is the vesting schedule for Hindson’s new TXG RSU grant?
The RSUs vest in 12 equal parts, with 1/12 of the 88,816 units vesting on each quarterly anniversary starting February 21, 2026. Vesting continues only if Hindson remains a service provider on each vesting date.
Does Hindson pay anything for the 10x Genomics RSUs he received?
The filing lists a transaction price of $0.00 per share for the RSU grant, meaning Hindson does not pay cash to receive the units. Value is realized only if and when the RSUs vest into Class A Common Stock.
Is this TXG Form 4 a buy or sell transaction for Hindson?
This Form 4 reflects an acquisition through a grant or award, not an open-market buy or sell. The transaction is coded as an award of RSUs, which vest over time rather than being purchased or sold for cash.