10x Genomics (TXG) CEO sells shares and makes stock gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
10x Genomics, Inc. Chief Executive Officer Serge Saxonov reported planned share sales and a gift of stock. On March 2, 2026, he sold a total of 16,152 shares of Class A common stock in open-market transactions at weighted average prices of $22.6690 and $23.1781, effected under a Rule 10b5-1 trading plan adopted on November 29, 2025. On March 3, 2026, he made a bona fide gift of 2,750 shares at no consideration. After these transactions, he directly held 1,200,917 shares of Class A common stock, and also had indirect holdings of 27 shares in the Andromeda Trust, 213,250 shares in the Y/S Descendants' Trust, and 58,000 shares in the Y/S Pot Trust, for which he serves as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 16,152 shares ($367,097)
Net Sell
6 txns
Insider
Saxonov Serge
Role
Chief Executive Officer
Sold
16,152 shs ($367K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 2,750 | $0.00 | -- |
| Sale | Class A Common Stock | 14,292 | $22.669 | $324K |
| Sale | Class A Common Stock | 1,860 | $23.1781 | $43K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,200,917 shares (Direct);
Class A Common Stock — 27 shares (Indirect, See footnote)
Footnotes (1)
- The transactions reported herein were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan, adopted on November 29, 2025. This transaction was executed in multiple trades at prices ranging from $22.15 to $23.145, inclusive. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price. This transaction was executed in multiple trades at prices ranging from $23.15 to $23.25, inclusive. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price. 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.
FAQ
What insider transactions did 10x Genomics (TXG) CEO Serge Saxonov report?
Serge Saxonov reported selling 16,152 shares of 10x Genomics Class A common stock and making a bona fide gift of 2,750 shares. The sales occurred on March 2, 2026, and the gift on March 3, 2026, as disclosed in a Form 4 filing.
Was the 10x Genomics (TXG) CEO’s stock sale pre-planned under a Rule 10b5-1 plan?
Yes. The Form 4 states that the reported transactions were effected under Serge Saxonov’s Rule 10b5-1 trading plan adopted on November 29, 2025. Such plans allow pre-arranged trades according to preset instructions, helping separate trading decisions from day-to-day information.
What does the bona fide gift reported by the 10x Genomics (TXG) CEO involve?
The filing shows a bona fide gift of 2,750 shares of Class A common stock at a price of $0.0000 per share, meaning no consideration was received. This transaction is coded as “G” on the Form 4, indicating a gift transfer rather than a sale.
How are the trust holdings reported in the 10x Genomics (TXG) Form 4 characterized?
The Form 4 notes that 27 shares are held by the Andromeda Trust, 213,250 by the Y/S Descendants' Trust, and 58,000 by the Y/S Pot Trust. Each trust position is reported as indirect ownership, with Serge Saxonov serving as trustee for these trusts.