BioLife officer Foster (BLFS) files Form 4 for 335-share stock sale
Rhea-AI Filing Summary
BioLife Solutions Inc. executive Karen A. Foster, Chief Quality and Operations Officer, reported a small automatic sale of company stock. On 01/06/2026, she sold 335 shares of BioLife Solutions common stock at a price of $25.59 per share. After this transaction, she beneficially owned 191,984 shares of common stock directly. The sale was executed under a pre-arranged Rule 10b5-1(c) trading plan that became effective on 01/03/2023 and was used to cover tax withholding obligations tied to the vesting of restricted stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 335 | $25.59 | $9K |
Footnotes (1)
- F1. The sale reported herein was made pursuant to a Rule 10b5-1 (c) trading plan adopted by the reporting person effective as of 01-03-2023 to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock.
FAQ
Who is the insider involved in this BioLife Solutions (BLFS) Form 4 filing?
The insider is Karen A. Foster, who serves as Chief Quality and Operations Officer of BioLife Solutions Inc.
Was the BioLife Solutions insider sale under a Rule 10b5-1 trading plan?
Yes. The sale was made under a Rule 10b5-1(c) trading plan adopted by Karen Foster that became effective on 01/03/2023.
Why was Karen Foster’s BioLife Solutions stock sold according to the Form 4 footnote?
The footnote states the sale was made to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock.
Is this BioLife Solutions Form 4 filed by more than one reporting person?
No. The Form 4 is indicated as filed by one reporting person, which is Karen A. Foster.
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