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Bio-Rad Laboratories (NYSE: BIO) insider files to sell 776 shares under Rule 144

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Bio-Rad Laboratories insider plans modest stock sale under Rule 144. A holder of Bio-Rad Laboratories, Inc. common stock has filed a notice of intent to sell 776 shares through Morgan Stanley Smith Barney LLC on the NYSE. The aggregate market value of the planned sale is listed as $247,978.56. The filing notes that 21,906,399 common shares were outstanding for the issuer at the time referenced in the form, providing context for the relatively small size of this transaction.

The shares to be sold come from restricted stock awards acquired from the issuer on three dates in early September 2022, in amounts of 264, 196, and 316 shares. The seller represents that they are not aware of any material nonpublic adverse information about the company’s current or prospective operations and acknowledges the criminal penalties that can apply to intentional misstatements.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the Form 144 filing for BIO indicate?

The Form 144 indicates that a holder of Bio-Rad Laboratories, Inc. (BIO) common stock intends to sell 776 shares under Rule 144 on the NYSE, with an aggregate market value of $247,978.56.

How large is the planned BIO share sale compared to shares outstanding?

The notice lists 21,906,399 common shares outstanding for Bio-Rad Laboratories, Inc., so the planned sale of 776 shares represents a very small portion of the total shares.

How were the BIO shares being sold acquired?

The shares to be sold are common stock acquired as restricted stock directly from the issuer on three dates in September 2022, in lots of 264, 196, and 316 shares.

Which broker is handling the planned BIO stock sale?

The filing lists Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, New York, as the broker for the planned sale of Bio-Rad Laboratories, Inc. common stock.

On which exchange will the BIO shares be sold?

The Form 144 states that the 776 common shares of Bio-Rad Laboratories, Inc. are intended to be sold on the NYSE.

What representation does the seller make in the BIO Form 144?

The seller represents that they do not know of any material adverse information about Bio-Rad Laboratories, Inc.’s current or prospective operations that has not been publicly disclosed and acknowledges that intentional misstatements can be a federal criminal violation.

Bio Rad Labs Inc

NYSE:BIO

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BIO Stock Data

8.47B
18.41M
16.24%
89.63%
3.71%
Medical Devices
Laboratory Analytical Instruments
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United States
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