[Form 4] BIOLIFE SOLUTIONS INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BIOLIFE SOLUTIONS INC Chief Marketing Officer Todd Berard reported a routine share disposition related to taxes. On the transaction date, 293 shares of common stock were withheld by the company to satisfy his tax withholding obligations that arose when restricted stock units were released. This was not an open-market sale. After this tax-withholding event, Berard directly held 163,768 shares of BIOLIFE SOLUTIONS INC common stock.
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 | $19.27 | $6K |
Holdings After Transaction:
Common Stock — 163,768 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 293 shares
Price per share for withholding: $19.27 per share
Shares held after transaction: 163,768 shares
3 metrics
Shares withheld for taxes
293 shares
Withheld to satisfy tax obligations on RSU release
Price per share for withholding
$19.27 per share
Value used for 293-share tax-withholding disposition
Shares held after transaction
163,768 shares
Direct BIOLIFE SOLUTIONS INC common stock holdings after 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 of the reporting person"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.