Bio-Rad CFO exercises RSUs, pays taxes in shares
Bio-Rad Laboratories EVP and Chief Financial Officer Roop Kalyan Lakkaraju reported routine equity compensation activity.
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Form Type
4
Rhea-AI Filing Summary
Bio-Rad Laboratories EVP and Chief Financial Officer Roop Kalyan Lakkaraju reported routine equity compensation activity. On April 24, 2026, 1,078 shares of Class A common stock were acquired upon vesting of restricted stock units and converted from derivative form.
To cover tax obligations, 420 shares were disposed of through a tax-withholding transaction at $287.84 per share, leaving 2,563.895 Class A shares held directly. The filing also notes 2,156 restricted stock units remaining outstanding and references a prior 4,311-unit RSU grant vesting in four annual installments.
Insider Trade Summary
1,078 shares exercised/converted
Exercise
3 txns
Insider
Lakkaraju Roop Kalyan
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,078 | $0.00 | $0.00 |
| Exercise | Bio-Rad A Common Stock | 1,078 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Bio-Rad A Common Stock | 420 | $287.84 | $121K |
Holdings After Transaction:
Restricted Stock Units — 2,156 contracts (Direct);
Bio-Rad A Common Stock — 2,563.895 shares (Direct)
Footnotes (4)
- F1. Shares of Class A common stock acquired on the vesting of restricted stock units.
- F2. Includes 62.2360 shares acquired under the Bio-Rad Employee Stock Purchase Plan on 03/31/2026.
- F3. Each restricted stock unit represents a contingent right to receive one share of Bio-Rad Class A common stock.
- F4. On April 24, 2024, the reporting person was granted 4,311 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.
Key Figures
RSUs vested: 1,078 shares
Tax-withholding shares: 420 shares
Post-transaction holdings: 2,563.895 shares
+4 more
7 metrics
RSUs vested
1,078 shares
Class A common stock acquired on RSU vesting on April 24, 2026
Tax-withholding shares
420 shares
Disposed at $287.84 per share to cover tax liability
Post-transaction holdings
2,563.895 shares
Class A common stock held directly after tax-withholding disposition
Remaining RSUs
2,156 units
Restricted stock units outstanding after 1,078 units converted
Original RSU grant
4,311 units
Granted April 24, 2024, vesting in four equal annual installments
ESPP shares
62.236 shares
Acquired under Bio-Rad Employee Stock Purchase Plan on March 31, 2026
Exercise price
$0.00
Conversion price per share for RSU-derived Class A common stock
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative security, Bio-Rad Employee Stock Purchase Plan, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" and related RSU vesting details"
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 disposition financial
"transaction_action: "tax-withholding disposition" describing 420-share disposal"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Bio-Rad Employee Stock Purchase Plan financial
"footnote: "Includes 62.2360 shares acquired under the Bio-Rad Employee Stock Purchase Plan""
contingent right financial
"footnote: "Each restricted stock unit represents a contingent right to receive one share""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BIO EVP CFO Roop Kalyan Lakkaraju report?
He reported routine equity compensation activity, including vesting of 1,078 restricted stock units into Bio-Rad Class A common shares and a related tax-withholding share disposition. These transactions convert RSUs into shares rather than reflecting an open-market stock purchase or sale.
What restricted stock unit (RSU) position remains for the BIO CFO after this filing?
The filing shows 2,156 restricted stock units remaining after 1,078 units converted into Class A shares. Each RSU represents a contingent right to receive one Bio-Rad Class A share, subject to the original vesting schedule and conditions described in the prior grant.
What prior RSU grant to the BIO CFO is referenced in the footnotes?
Footnotes state that on April 24, 2024, the reporting person was granted 4,311 restricted stock units. These units vest in four equal annual installments beginning on the first anniversary of the grant date, forming the basis for the current 1,078-unit vesting event.
AI-generated analysis. How Rhea-AI works. Not financial advice.
