BioLife Solutions (BLFS) CFO files insider stock sale tied to tax withholding
Rhea-AI Filing Summary
BioLife Solutions Inc.'s Chief Financial Officer reported a sale of company stock under a pre-arranged Rule 10b5-1(c) trading plan. On 12/09/2025, the officer sold 1,033 shares of common stock at a price of $25.13 per share. After this transaction, the officer beneficially owned 151,736 shares of BioLife Solutions common stock in direct ownership. The filing explains that the sale was made to satisfy tax withholding obligations related to the vesting of restricted stock.
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FAQ
What insider transaction did BioLife Solutions (BLFS) disclose?
BioLife Solutions disclosed that its Chief Financial Officer sold 1,033 shares of common stock on 12/09/2025 in a reported insider transaction.
At what price were the BioLife Solutions (BLFS) shares sold in this Form 4?
The reported shares were sold at a price of $25.13 per share of BioLife Solutions common stock.
How many BioLife Solutions (BLFS) shares does the CFO own after this transaction?
Following the reported sale, the Chief Financial Officer beneficially owned 151,736 shares of BioLife Solutions common stock in direct ownership.
Why was the BioLife Solutions (BLFS) insider sale conducted under a Rule 10b5-1 plan?
The filing states that the sale was made under a Rule 10b5-1(c) trading plan adopted by the reporting person to satisfy tax withholding obligations tied to the vesting of restricted stock.
When was the Rule 10b5-1 trading plan for the BioLife Solutions (BLFS) CFO adopted?
The Rule 10b5-1(c) trading plan referenced in the filing was adopted by the reporting person effective as of 03-08-2024.
What role does the reporting person hold at BioLife Solutions (BLFS)?
The reporting person in this Form 4 is an officer of BioLife Solutions and serves as the company’s Chief Financial Officer.