BioLife Solutions (BLFS) EVP sells 529 shares via 10b5-1 tax plan
Rhea-AI Filing Summary
BioLife Solutions executive Mathew Aby J., EVP & Chief Scientific Officer, sold 529 shares of common stock at $20.74 per share in an open‑market transaction. The sale was made under a Rule 10b5-1(c) trading plan adopted effective 02-24-2022 to cover tax withholding from vested restricted stock. After this sale, he directly held 392,937 common shares.
Positive
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Negative
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Insider Trade Summary
Net Seller: 529 shares
Net Sell
1 txn
Insider
Mathew Aby J.
Role
EVP & Chief Scientific Officer
Sold
529 shs ($11K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 529 | $20.74 | $11K |
Holdings After Transaction:
Common Stock — 392,937 shares (Direct)
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 02-24-2022 to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock.
FAQ
What insider transaction did BioLife Solutions (BLFS) EVP Mathew Aby J. report?
He reported selling 529 shares of BioLife Solutions common stock in an open-market transaction at $20.74 per share. The transaction was disclosed on Form 4 and reflects activity in his role as EVP & Chief Scientific Officer, with shares held directly afterward.
At what price did the BioLife Solutions (BLFS) insider sale occur?
The reported sale occurred at $20.74 per share for 529 shares of common stock. This price represents the transaction’s per-share value and is used to calculate the total dollar amount sold in this Form 4 disclosure.
Was the BioLife Solutions (BLFS) insider sale under a Rule 10b5-1 plan?
Yes. The sale was made under a Rule 10b5-1(c) trading plan adopted effective 02-24-2022. The footnote explains the plan’s purpose was to satisfy tax withholding obligations tied to the vesting of restricted stock.
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