BLFS CFO has 1,026 shares withheld for taxes
BioLife Solutions Chief Financial Officer Troy Wichterman reported a routine tax-related share disposition.
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Rhea-AI Filing Summary
BioLife Solutions Chief Financial Officer Troy Wichterman reported a routine tax-related share disposition. On the reported date, 1,026 shares of common stock were withheld by the company to satisfy his tax withholding obligations arising from the release of restricted stock units, rather than being sold in the open market.
After this tax-withholding event, Wichterman directly holds 215,030 shares of BioLife Solutions common stock, indicating he retains a substantial equity position. This filing reflects a compensation-related, non-discretionary transaction tied to vesting, not an active decision to buy or sell shares on the market.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,026 | $26.10 | $27K |
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
Key Terms
restricted stock units financial
tax withholding obligations financial
tax-withholding disposition financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BioLife Solutions (BLFS) report for Troy Wichterman?
Was the BioLife Solutions (BLFS) Form 4 transaction an open-market sale?
What does a tax-withholding disposition mean for BLFS insider activity?
AI-generated analysis. How Rhea-AI works. Not financial advice.