10x Genomics (TXG) CFO sells 15,098 shares to cover RSU taxes
Rhea-AI Filing Summary
10x Genomics, Inc. Chief Financial Officer Adam Taich reported a sale of company stock primarily to satisfy taxes from equity compensation. On May 22, 2026, he sold 15,098 shares of Class A Common Stock at an average price of $24.4415 per share. According to the footnote, the shares were sold to cover tax withholding obligations related to the vesting of restricted stock units, making this a routine, compensation-driven transaction rather than a discretionary portfolio move. After the sale, Taich directly holds 379,898 shares of 10x Genomics Class A Common Stock.
Positive
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Negative
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Insider Trade Summary
Net Seller: 15,098 shares
Net Sell
1 txn
Insider
Taich Adam
Role
Chief Financial Officer
Sold
15,098 shs ($369K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 15,098 | $24.4415 | $369K |
Holdings After Transaction:
Class A Common Stock — 379,898 shares (Direct)
Footnotes (1)
- F1. The shares were sold to cover tax withholding obligations in connection with the vesting of restricted stock units.
Key Figures
Shares sold: 15,098 shares
Average sale price: $24.4415 per share
Shares held after transaction: 379,898 shares
3 metrics
Shares sold
15,098 shares
Open-market sale on May 22, 2026 to cover taxes
Average sale price
$24.4415 per share
Class A Common Stock transaction on May 22, 2026
Shares held after transaction
379,898 shares
Direct holdings of CFO Adam Taich following Form 4 sale
Key Terms
restricted stock units, tax withholding obligations, open-market sale
3 terms
restricted stock units financial
"in connection with the vesting of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"sold to cover tax withholding obligations in connection with the vesting"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did 10x Genomics (TXG) report for Adam Taich?
10x Genomics reported that CFO Adam Taich sold 15,098 shares of Class A Common Stock. The transaction occurred on May 22, 2026 at an average price of $24.4415 per share, as disclosed in a Form 4 filing.