BioLife CFO has 1,026 shares withheld for taxes
BioLife Solutions’ CFO had 1,026 BLFS shares withheld for tax obligations tied to RSU vesting, leaving him with 212,223 directly held shares.
Rhea-AI Filing Summary
BIOLIFE SOLUTIONS INC (BLFS) reported that Chief Financial Officer Troy Wichterman had 1,026 shares of common stock withheld on September 8, 2026 to satisfy his tax withholding obligations arising from the release of restricted stock units. The shares were valued at $35.38 per share, and he now holds 212,223 shares directly. The transaction was a tax-withholding disposition, not an open-market sale, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 1,026 shares
Tax Withholding
1 txn
Insider
Wichterman Troy
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 1,026 | $35.38 | $36K |
Holdings After Transaction:
Common Stock — 212,223 shares (Direct)
Footnotes (1)
- F1. Represents the number of shares withheld by the Issuer to satisfy tax withholding obligations of the reporting person that arose upon the release of restricted stock units.
Key Figures
Shares withheld for tax: 1,026 shares
Per-share value for withheld shares: $35.38 per share
Post-transaction direct holdings: 212,223 shares
+1 more
4 metrics
Shares withheld for tax
1,026 shares
Shares withheld by issuer on September 8, 2026 to satisfy tax obligations on RSU release
Per-share value for withheld shares
$35.38 per share
Value applied to the 1,026 shares withheld for tax withholding obligations
Post-transaction direct holdings
212,223 shares
CFO Troy Wichterman’s directly held BLFS common shares after the transaction
Exercise price or tax-liability shares
1,026 shares
Total shares in this Form 4 classified as payment of exercise price or tax liability
Key Terms
restricted stock units, tax withholding obligations, withheld by the Issuer
3 terms
restricted stock units financial
"arose upon the release of restricted stock units"
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 obligations financial
"to satisfy tax withholding obligations of the reporting person"
withheld by the Issuer financial
"Represents the number of shares withheld by the Issuer"
FAQ
What insider transaction did BLFS report for its CFO on September 8, 2026?
BioLife Solutions reported that CFO Troy Wichterman had 1,026 BLFS shares withheld on September 8, 2026 to cover tax withholding obligations from the release of restricted stock units, at a value of $35.38 per share.
Was the September 8, 2026 BLFS insider transaction an open-market sale?
No. The filing states that 1,026 shares were withheld by the issuer to satisfy the CFO’s tax withholding obligations on RSU release, which is different from an open-market sale to third-party buyers.
Was the BLFS CFO’s September 2026 transaction made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not selected, and a footnote describes the event as shares withheld to satisfy tax withholding obligations, not as trades under a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.