BioLife Solutions (BLFS) CEO reports RSU tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BioLife Solutions President and CEO Roderick De Greef reported a routine tax-related share withholding. The company withheld 2,775 shares of common stock to satisfy his tax obligations when restricted stock units were released. After this non-market transaction, he directly holds 730,971 shares of BioLife Solutions common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DE GREEF RODERICK
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,775 | $26.04 | $72K |
Holdings After Transaction:
Common Stock — 730,971 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 2,775 shares
Withholding price per share: $26.04 per share
Shares held after transaction: 730,971 shares
3 metrics
Shares withheld for taxes
2,775 shares
Common Stock withheld to satisfy tax obligations on RSU release
Withholding price per share
$26.04 per share
Value used for the 2,775 withheld shares
Shares held after transaction
730,971 shares
CEO’s direct BioLife Solutions common stock holdings after withholding
Key Terms
restricted stock units, tax withholding obligations, Common Stock, Form 4
4 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"
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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.
FAQ
What did BioLife Solutions (BLFS) CEO Roderick De Greef report in this Form 4?
Roderick De Greef reported that 2,775 BioLife Solutions shares were withheld to cover taxes due on the release of restricted stock units. This is a compensation-related, non-market transaction rather than an open-market purchase or sale.
Is the BioLife Solutions (BLFS) CEO’s Form 4 transaction an open-market sale?
No, the transaction is not an open-market sale. The 2,775 shares were withheld by BioLife Solutions to pay the CEO’s tax liability triggered by the vesting of restricted stock units, a standard administrative process for equity compensation.
What does transaction code "F" mean in the BioLife Solutions (BLFS) Form 4?
Transaction code "F" indicates a disposition of shares to satisfy tax obligations or exercise costs. Here, it shows BioLife Solutions withheld 2,775 shares from the CEO upon RSU release to cover required tax withholding, not a discretionary market sale.