BioLife Solutions (BLFS) EVP has 515 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BioLife Solutions EVP and Chief Scientific Officer Mathew Aby J. reported a small share disposition related to taxes, not an open-market trade. On the release of restricted stock units, 515 shares of common stock were withheld by the company at $19.27 per share to satisfy his tax obligations. After this tax-withholding event, he directly holds 390,167 shares of BioLife Solutions common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mathew Aby J.
Role
EVP & Chief Scientific Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 515 | $19.27 | $10K |
Holdings After Transaction:
Common Stock — 390,167 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 515 shares
Withholding price per share: $19.27 per share
Shares held after transaction: 390,167 shares
3 metrics
Shares withheld for taxes
515 shares
Tax withholding on restricted stock unit release
Withholding price per share
$19.27 per share
Value used for tax-withholding disposition
Shares held after transaction
390,167 shares
Direct holdings following tax withholding
Key Terms
restricted stock units, tax withholding obligations, Form 4
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
"withheld by the Issuer to satisfy tax withholding obligations"
Form 4 regulatory
"reported a Form 4 for EVP and Chief Scientific Officer"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did BioLife Solutions (BLFS) report for Mathew Aby J.?
BioLife Solutions reported a Form 4 for EVP and Chief Scientific Officer Mathew Aby J. documenting 515 common shares withheld to cover tax obligations from restricted stock unit release, rather than an open-market sale or purchase.
Was the BLFS insider transaction an open-market sale by Mathew Aby J.?
No, the transaction was not an open-market sale. The Form 4 footnote explains the 515 shares were withheld by BioLife Solutions solely to satisfy tax withholding obligations arising from restricted stock unit vesting.