STOCK TITAN

CORP (BCPC) VP & CAO has 383 shares withheld to cover taxes

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Backus William A., VP & Chief Accounting Officer of CORP (BCPC), reported a routine share withholding related to equity compensation. On 04/01/2025, 383 shares of common stock at $167.24 per share were withheld to cover taxes upon vesting of restricted shares granted on 4/1/2022.

After this transaction, he beneficially owned 5,839 common shares directly and 256 common shares indirectly through a 401(k) plan as of 4/1/2025. The report notes it was an inadvertent late filing caused by an administrative error.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Backus William A.

(Last) (First) (Middle)
C/O BALCHEM CORPORATION
5 PARAGON DRIVE

(Street)
MONTVALE NJ 07645

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BALCHEM CORP [ BCPC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP & Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/01/2025(1) F 383(2) D $167.24 5,839 D
Common Stock 256(3) I 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This is an inadvertent late filing due to an administrative error.
2. Reflects shares that were withheld to cover withholding taxes due upon vesting of restricted shares (granted on 4/1/2022).
3. Shares held in Reporting Person's 401(k) plan account as of 4/1/2025.
/s/ Travis Larsen, Attorney in Fact for William A Backus 02/10/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did BCPC officer William A. Backus report?

William A. Backus reported 383 BCPC shares withheld for taxes. On 04/01/2025, common shares were withheld at $167.24 per share to cover withholding taxes due when previously granted restricted shares vested.

Why were 383 shares of BCPC common stock withheld for William A. Backus?

The 383 BCPC shares were withheld to cover tax obligations. They relate to withholding taxes due upon vesting of restricted shares that were originally granted on 4/1/2022, a common mechanism for handling equity award tax liabilities.

How many BCPC shares does William A. Backus own after the reported transaction?

After the transaction, William A. Backus directly owned 5,839 BCPC shares. He also held an additional 256 common shares indirectly through his 401(k) plan account as of 4/1/2025.

Was the Form 4 for BCPC officer William A. Backus filed on time?

No, the Form 4 was described as an inadvertent late filing. The explanation states the delay resulted from an administrative error, even though the underlying transaction occurred on 04/01/2025.

What type of transaction is code "F" on William A. Backus’s BCPC Form 4?

Transaction code "F" indicates shares withheld for tax purposes. In this case, 383 BCPC common shares were withheld to satisfy withholding taxes triggered by the vesting of restricted stock granted on 4/1/2022.

How are William A. Backus’s indirect BCPC holdings structured?

His indirect BCPC holdings are in a 401(k) plan. The filing shows 256 common shares held indirectly in his 401(k) plan account as of 4/1/2025, separate from his directly owned shares.
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5.31B
31.82M
Specialty Chemicals
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United States
MONTVALE