BIOLIFE SOLUTIONS (BLFS) EVP reports 564 shares withheld for taxes on RSU release
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BIOLIFE SOLUTIONS INC executive Mathew Aby J., EVP & Chief Scientific Officer, reported a small share disposition tied to taxes rather than a market trade. On the release of restricted stock units, 564 shares of common stock were withheld by the company at $26.04 per share to satisfy his tax obligations. After this automatic tax-withholding event, he directly holds 388,976 shares of BIOLIFE SOLUTIONS INC common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mathew Aby J.
Role
EVP & Chief Scientific Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 564 | $26.04 | $15K |
Holdings After Transaction:
Common Stock — 388,976 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 564 shares
Withholding price per share: $26.04 per share
Shares held after transaction: 388,976 shares
3 metrics
Shares withheld for taxes
564 shares
Withheld to satisfy tax obligations on RSU release
Withholding price per share
$26.04 per share
Value used for tax-withholding disposition
Shares held after transaction
388,976 shares
Direct ownership after tax-withholding event
Key Terms
restricted stock units, tax withholding obligations, Form 4
3 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"
Form 4 regulatory
"What did BIOLIFE SOLUTIONS (BLFS) EVP Mathew Aby J. report on this 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 did BIOLIFE SOLUTIONS (BLFS) EVP Mathew Aby J. report on this Form 4?
He reported a small, automatic share disposition for taxes. Specifically, 564 BIOLIFE SOLUTIONS common shares were withheld by the company to cover tax obligations that arose when his restricted stock units were released.
Was the BIOLIFE SOLUTIONS (BLFS) Form 4 transaction an open-market sale?
No, the transaction reflects tax withholding, not an open-market sale. Shares were delivered back to the issuer to satisfy tax liabilities triggered by the vesting of restricted stock units, a routine compensation-related event for executives.
What does transaction code “F” mean in the BIOLIFE SOLUTIONS (BLFS) Form 4?
Code “F” indicates shares were used to pay a tax liability or exercise price. In this case, it means BIOLIFE SOLUTIONS withheld 564 shares from Mathew Aby J. to satisfy taxes arising from the release of restricted stock units.