BioLife CEO settles taxes with 11,101 BLFS shares
BioLife Solutions Inc. President and CEO Roderick De Greef had 11,101 shares of Common Stock withheld to cover taxes on restricted stock units that vested.
Rhea-AI Filing Summary
BioLife Solutions Inc. President and CEO Roderick De Greef had 11,101 shares of Common Stock withheld to cover taxes on restricted stock units that vested. These shares were delivered back to the company as a tax-withholding disposition, not sold on the open market. Following this transaction, he directly holds 733,746 shares of BioLife Solutions common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 11,101 shares
Exercise Price or Tax Liability
1 txn
Insider
DE GREEF RODERICK
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 11,101 | $19.12 | $212K |
Holdings After Transaction:
Common Stock — 733,746 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BioLife Solutions (BLFS) report for its CEO?
BioLife Solutions reported that President and CEO Roderick De Greef had 11,101 common shares withheld to satisfy tax obligations from vested restricted stock units. This was a tax-withholding disposition, not an open-market sale of shares.
What does a tax-withholding disposition mean for BioLife Solutions (BLFS) insiders?
A tax-withholding disposition means the company withholds shares to cover income taxes when awards like restricted stock units vest. For BioLife Solutions, the CEO delivered 11,101 shares back to the issuer instead of selling shares in the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.