BioLife Solutions (NASDAQ: BLFS) CFO sells 990 shares for taxes stock
Rhea-AI Filing Summary
BioLife Solutions Chief Financial Officer Troy Wichterman reported selling 990 shares of common stock on 01/06/2026 at $25.59 per share. Following this sale, he beneficially owned 150,746 shares.
The sale was executed under a pre-arranged Rule 10b5-1(c) trading plan adopted effective 01/03/2023 to satisfy tax withholding obligations arising from the vesting of restricted stock, indicating it was linked to equity compensation rather than a discretionary open-market exit.
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FAQ
What insider transaction did BioLife Solutions (BLFS) report in this Form 4?
BioLife Solutions reported that its Chief Financial Officer, Troy Wichterman, sold 990 shares of the company’s common stock at
How many BioLife Solutions (BLFS) shares does the CFO hold after the reported sale?
After the reported transaction, CFO Troy Wichterman beneficially owned 150,746 shares of BioLife Solutions common stock, held in direct ownership.
Was the BioLife Solutions (BLFS) CFO trade under a Rule 10b5-1 plan?
Yes. The sale was made under a Rule 10b5-1(c) trading plan adopted by the reporting person effective
Why did the BioLife Solutions (BLFS) CFO sell 990 shares?
The footnote explains the sale was conducted to satisfy tax withholding obligations related to the vesting of restricted stock, indicating it was tied to equity compensation.
What role does the reporting person hold at BioLife Solutions (BLFS)?
The reporting person, Troy Wichterman, serves as the company’s Chief Financial Officer, as indicated in the relationship section of the filing.
Is the reported BioLife Solutions (BLFS) insider transaction direct or indirect ownership?
The Form 4 shows the transaction involved direct (D) ownership of the shares, with no nature of indirect beneficial ownership specified.