BioLife Solutions (BLFS) CMO has 293 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BioLife Solutions Inc Chief Marketing Officer Todd Berard reported a tax-withholding disposition of 293 shares of Common Stock on 2026-07-07. The issuer withheld these shares to satisfy Berard’s tax obligations upon the release of restricted stock units at $27.79 per share, leaving him with 162,649 shares owned directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Berard Todd
Role
Chief Marketing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 293 | $27.79 | $8K |
Holdings After Transaction:
Common Stock — 162,649 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 293 shares
Price per share for withholding: $27.79
Shares owned after transaction: 162,649 shares
+1 more
4 metrics
Shares withheld for taxes
293 shares
Common Stock withheld on 2026-07-07 to satisfy tax obligations on restricted stock unit release
Price per share for withholding
$27.79
Value per share used for the 293-share tax-withholding disposition reported by Todd Berard
Shares owned after transaction
162,649 shares
Total BioLife Solutions Common Stock directly owned by Todd Berard following the tax-withholding disposition
Tax-withholding shares in summary
293 shares
transactionSummary shows 293 shares involved in tax withholding dispositions
Key Terms
restricted stock units, tax withholding obligations, Payment of exercise price or tax liability by delivering securities
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
"to satisfy tax withholding obligations of the reporting person"
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: Payment of exercise price or tax liability by delivering securities"
FAQ
What insider transaction did BLFS Chief Marketing Officer Todd Berard report?
Todd Berard reported a tax-withholding disposition of 293 shares of BioLife Solutions Common Stock. The issuer withheld these shares to cover taxes triggered by the release of restricted stock units, rather than through an open-market sale.
Did Todd Berard make an open-market sale of BLFS stock in this Form 4?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by BioLife Solutions to satisfy Berard’s tax liabilities when his restricted stock units were released.
What is the transaction code used in Todd Berard’s BLFS Form 4 filing?
The transaction is coded F, meaning “Payment of exercise price or tax liability by delivering securities.” Here, it reflects shares withheld by BioLife Solutions to cover Todd Berard’s tax obligations on restricted stock unit release.