BioLife Solutions (BLFS) HR chief awarded 23,548 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BioLife Solutions Chief Human Resources Officer Sarah Aebersold received a grant of 23,548 shares of common stock at $0.00 per share, tied to the company’s 2023 Omnibus Performance Incentive Plan. About 156% of the target shares vested based on relative total shareholder return, and 5,734 shares were withheld at $22.65 per share to cover taxes, leaving her with 93,579 shares directly owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Aebersold Sarah
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 23,548 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,734 | $22.65 | $130K |
Holdings After Transaction:
Common Stock — 99,313 shares (Direct)
Footnotes (1)
- The restricted stock was granted pursuant to the BioLife Solutions 2023 Omnibus Performance Incentive Plan. In accordance with the terms of the grant, the restricted stock vested as to approximately 156% of the number of shares granted based on the registrant's total shareholder return during the period beginning on January 1, 2024 through December 31, 2025 as compared to the total shareholder return of certain of the registrant's peers (such peers have been determined by the registrant's compensation committee with assistance of an outside consultant immediately prior to the grant date). Represents shares withheld to cover tax withholding obligations in connection with the vesting of the market-based restricted stock award.
FAQ
What insider stock transactions did BLFS report for Sarah Aebersold?
Sarah Aebersold received a grant of 23,548 BioLife Solutions shares at $0.00 and had 5,734 shares withheld at $22.65 to cover taxes. After these transactions, she directly owned 93,579 common shares, reflecting equity-based compensation rather than open-market trading.
Was the BLFS insider transaction a stock purchase or sale?
The activity combined an equity award and a tax withholding. Aebersold acquired 23,548 common shares through a grant, then disposed of 5,734 shares withheld to satisfy tax obligations. No open-market buying or selling was reported; both movements stemmed from an incentive plan vesting event.
What plan governed Sarah Aebersold’s BLFS stock grant and vesting terms?
The grant was issued under the BioLife Solutions 2023 Omnibus Performance Incentive Plan. Vesting depended on total shareholder return from January 1, 2024 through December 31, 2025 versus selected peers, with approximately 156% of the originally granted shares ultimately vesting under the plan’s performance conditions.