BioLife CTO has 421 shares withheld for taxes
BioLife Solutions’ CTO had shares withheld to cover taxes on RSU vesting, leaving a direct holding of 47,135 shares.
Rhea-AI Filing Summary
BIOLIFE SOLUTIONS INC (BLFS) reported that Chief Technology Officer Sean Werner had 421 shares of common stock withheld on September 18, 2026 to satisfy tax withholding obligations arising from the release of restricted stock units, at a value of $36.69 per share. After this tax-withholding disposition, he holds 47,135 shares of the company’s common stock directly, and no Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 421 shares
Tax Withholding
1 txn
Insider
Werner Sean
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 421 | $36.69 | $15K |
Holdings After Transaction:
Common Stock — 47,135 shares (Direct)
Footnotes (1)
- F1. Represents the number of shares withheld by the Issuer to satisfy tax withholding obligations of the reporting person that arose upon the release of restricted stock units.
Key Figures
Shares withheld for tax: 421 shares
Per-share value for withheld shares: $36.69 per share
Shares held after transaction: 47,135 shares
3 metrics
Shares withheld for tax
421 shares
Shares of BLFS common stock withheld on September 18, 2026 for tax withholding obligations
Per-share value for withheld shares
$36.69 per share
Value assigned to the 421 BLFS shares withheld for tax on September 18, 2026
Shares held after transaction
47,135 shares
Direct BLFS common stock holding of CTO Sean Werner following the tax-withholding disposition
Key Terms
restricted stock units, tax withholding obligations, withheld by the Issuer
3 terms
restricted stock units financial
"obligations of the reporting person that 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
"shares withheld by the Issuer to satisfy tax withholding obligations of the reporting person"
withheld by the Issuer financial
"Represents the number of shares withheld by the Issuer to satisfy tax withholding obligations"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BLFS report for Chief Technology Officer Sean Werner?
BLFS reported that Chief Technology Officer Sean Werner had 421 shares of common stock withheld on September 18, 2026 to cover tax withholding obligations upon the release of restricted stock units, leaving him with 47,135 directly held shares afterward.
Was the BLFS insider transaction by the CTO a market sale or tax withholding?
The transaction was a tax-withholding disposition. 421 shares of BLFS common stock were withheld by the company to satisfy Sean Werner’s tax withholding obligations when his restricted stock units were released.
Was the BLFS CTO’s September 18, 2026 transaction under a Rule 10b5-1 plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not selected, so the September 18, 2026 tax-withholding transaction for Chief Technology Officer Sean Werner was not reported as being under a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.