BioLife (BLFS) Officer Disposes 10,000 Shares; Post-Sale Holdings 124,618
Rhea-AI Filing Summary
Todd Berard, Chief Marketing Officer of BioLife Solutions, sold 10,000 shares of BLFS common stock on 08/25/2025 at a weighted average price of $25.53 per share (individual trade prices ranged from $25.46 to $25.63). After the sale, the reporting person beneficially owned 124,618 shares. The Form 4 was signed on 08/27/2025 and discloses the sale as a direct disposition. The filer notes the reported price is a weighted average from multiple transactions and offers to provide the number of shares sold at each price upon request.
Positive
- None.
Negative
- Reported direct sale of 10,000 shares, reducing insider holdings to 124,618 shares
- Sale occurred at a weighted average price of $25.53, indicating insider disposition rather than acquisition
Insights
Insider sale disclosed: 10,000 shares sold, leaving 124,618 held; transaction is a direct disposition reported on Form 4.
The filing documents a routine insider sale rather than an acquisition or derivative transaction. The sale quantity (10,000 shares) and the post-sale holding (124,618 shares) are explicit and allow investors to update insider-holding tables. The weighted average price of $25.53 and the disclosed trade-range provide precise execution context. Absent additional context such as a change in role, company guidance, or multiple concurrent insider filings, this single Form 4 is a factual disclosure with limited standalone impact on valuation models.
Officer sale properly reported on Form 4; disclosure complies with Section 16 reporting requirements.
The report correctly identifies the reporting person as an officer (Chief Marketing Officer) and records a direct sale with a clear post-transaction beneficial ownership figure. The explanatory note clarifies that the reported price is a weighted average from multiple transactions and offers to provide per-price allocation on request, which enhances transparency. The filing includes a manual signature and date, satisfying procedural Form 4 requirements. No amendments or 10b5-1 plan notation are present in the form content provided.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $25.53 | $255K |
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.46 to $25.63, inclusive. The reporting person undertakes to provide to the registrant, any security holder of the registrant, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
FAQ
What did BLFS insider Todd Berard report on Form 4?
What is Todd Berard's role at BLFS as listed on the Form 4?
When was the Form 4 transaction dated and when was the form signed?
Does the filing indicate a 10b5-1 trading plan or an amendment?
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