Form 4: BLFS CTO sale under Rule 10b5-1; holds 26,037 shares
Rhea-AI Filing Summary
BioLife Solutions (BLFS) filed a Form 4 indicating CTO Sean Werner sold 275 shares of common stock at $27.82 on October 20, 2025. The filing states the trade was executed under a Rule 10b5-1(c) plan adopted effective 07-17-2024 to satisfy tax withholding related to restricted stock vesting. Following the transaction, Werner beneficially owned 26,037 shares, held directly.
Positive
- None.
Negative
- None.
Insights
Small, pre-planned sale to cover taxes; administrative in nature.
The CTO of BioLife Solutions reported selling 275 shares at $27.82 on October 20, 2025. The filing cites a Rule 10b5-1(c) plan, which pre-schedules trades and can reduce discretion.
The explanation notes proceeds addressed tax withholding tied to restricted stock vesting. After the sale, the executive held 26,037 shares directly. Actual market impact depends on broader trading activity; this entry documents a single, plan-driven transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 275 | $27.82 | $8K |
Footnotes (1)
- F1. The sale reported herein was made pursuant to a Rule 10b5-1 (c) trading plan adopted by the reporting person effective as of 07-17-2024 to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock.
FAQ
What insider transaction did BLFS report on this Form 4?
Was the BLFS insider sale made under a 10b5-1 plan?
What role does the reporting person hold at BLFS?
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