BioLife (NASDAQ: BLFS) CFO RSU vesting triggers tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BioLife Solutions Inc. Chief Financial Officer Troy Wichterman had 844 shares of common stock withheld on April 8, 2026 to cover tax obligations from the release of restricted stock units. The shares were valued at $19.27 each, and he now directly holds 216,056 shares.
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 | 844 | $19.27 | $16K |
Holdings After Transaction:
Common Stock — 216,056 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 844 shares
Reported per-share value: $19.27 per share
Shares held after transaction: 216,056 shares
+2 more
5 metrics
Shares withheld for taxes
844 shares
Withheld on April 8, 2026 to satisfy tax obligations
Reported per-share value
$19.27 per share
Value applied to the 844 withheld shares
Shares held after transaction
216,056 shares
Direct common stock ownership after tax-withholding event
Tax-withholding disposition count
1 transaction
Single F-code event reported in Form 4
Tax-withholding shares total
844 shares
Total shares involved in F-code tax-withholding disposition
Key Terms
restricted stock units, tax withholding obligations, tax-withholding disposition, Form 4, +1 more
5 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.
Chief Financial Officer financial
"officer_title": "Chief Financial Officer""
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
FAQ
What did BioLife Solutions (BLFS) CFO report in this Form 4 filing?
The CFO reported that 844 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 from any open-market stock sale or purchase.