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.