BioLife exec reports stock award, shares withheld
BioLife Solutions executive Karen A. Foster reported equity compensation activity involving company common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
BioLife Solutions executive Karen A. Foster reported equity compensation activity involving company common stock. She acquired 32,112 shares at no cost as a grant under the BioLife Solutions 2023 Omnibus Performance Incentive Plan. The restricted stock vested at approximately 156% of the target amount based on total shareholder return versus selected peers for the period from January 1, 2024 through December 31, 2025. In a related tax-withholding disposition, 13,013 shares were withheld at a price of $22.65 per share to cover tax obligations upon vesting. After these transactions, she directly held 211,083 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 32,112 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 13,013 | $22.65 | $295K |
Footnotes (2)
- F1. The restricted stock was granted pursuant to the BioLife Solutions 2023 Omnibus Performance Incentive Plan. In accordance with the terms of the grant, the restricted stock vested as to approximately 156% of the number of shares granted based on the registrant's total shareholder return during the period beginning on January 1, 2024 through December 31, 2025 as compared to the total shareholder return of certain of the registrant's peers (such peers have been determined by the registrant's compensation committee with assistance of an outside consultant immediately prior to the grant date).
- F2. Represents shares withheld to cover tax withholding obligations in connection with the vesting of the market-based restricted stock award.
AI-generated analysis. How Rhea-AI works. Not financial advice.