BioLife Solutions (BLFS) CFO reports 1,026-share tax withholding, retains 215,030
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wichterman Troy
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,026 | $26.10 | $27K |
Holdings After Transaction:
Common Stock — 215,030 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 1,026 shares
Price per share for withholding: $26.10 per share
Shares held after transaction: 215,030 shares
+1 more
4 metrics
Shares withheld for taxes
1,026 shares
Tax-withholding disposition tied to restricted stock unit release
Price per share for withholding
$26.10 per share
Valuation used for 1,026-share tax-withholding event
Shares held after transaction
215,030 shares
Direct BLFS common stock holdings after tax withholding
Transaction code
F
Payment of tax liability by delivering securities
Key Terms
restricted stock units, tax withholding obligations, tax-withholding disposition, Form 4
4 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
"withheld by the Issuer to satisfy tax withholding obligations"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did BioLife Solutions (BLFS) report for Troy Wichterman?
BioLife Solutions reported that CFO Troy Wichterman had 1,026 shares withheld to cover tax obligations from restricted stock unit vesting. This was a Form 4 tax-withholding disposition, not an open-market sale or purchase of BLFS common stock.
Was the BioLife Solutions (BLFS) Form 4 transaction an open-market sale?
No. The Form 4 states the 1,026 BLFS shares were withheld by the issuer to cover tax obligations from restricted stock unit vesting. This is categorized as a tax-withholding disposition, not an investor-initiated open-market sale or purchase of shares.
What does a tax-withholding disposition mean for BLFS insider activity?
A tax-withholding disposition means shares are retained by the company to cover an insider’s tax bill when equity awards vest. For BLFS, Troy Wichterman’s 1,026-share disposition reflects a routine compensation-related event, not a discretionary trade reflecting his view on the stock.