BioLife (BLFS) officer sells 413 shares under 10b5-1 plan for tax withholding
Rhea-AI Filing Summary
Karen A. Foster, Chief Quality and Operations of BioLife Solutions Inc. (BLFS), reported a sale of 413 shares of the company's common stock on 08/26/2025 at a price of $25.44 per share. Following the transaction, Ms. Foster beneficially owns 194,183 shares, held directly.
The filing states the sale was executed under a Rule 10b5-1(c) trading plan adopted by the reporting person on 02/24/2022 to satisfy tax withholding obligations related to the vesting of restricted stock. The Form 4 is signed and dated 08/28/2025.
Positive
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Negative
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Insights
TL;DR: Insider executed a small, pre-planned sale under a 10b5-1 plan to cover tax withholding; impact on shares outstanding is minimal.
The sale of 413 shares at $25.44 reduces the reporting persons direct holdings to 194,183 shares. The transaction is documented as pursuant to a Rule 10b5-1(c) plan established on 02/24/2022 for tax withholding on vested restricted stock, indicating the sale was pre-authorized. This is a routine insider liquidity event tied to compensation rather than an opportunistic disposal, and the absolute size (413 shares) is small relative to typical institutional or market-moving transactions.
TL;DR: Filing shows compliance with insider trading policies via a disclosed 10b5-1 plan and timely Form 4 reporting.
The disclosure identifies the reporting persons role and mailing address, the relationship to the issuer, the exact trade details, and an explicit explanation that the sale was made under an established 10b5-1(c) plan to meet tax withholding obligations. The Form 4 includes a manual signature and date, demonstrating adherence to Section 16 reporting requirements. No additional corrective amendments or unexplained transactions are present in the filing.