BioLife Solutions holder sells 1.2M shares
BioLife Solutions Inc. reported insider activity by Casdin-affiliated entities.
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Rhea-AI Filing Summary
BioLife Solutions Inc. reported insider activity by Casdin-affiliated entities. Casdin Partners Master Fund, L.P. completed open-market sales totaling 1,200,000 shares of common stock over three days. The fund sold 300,000 shares at $22.65 on May 19, 2026, 250,000 shares at $23.70 on May 20, and 650,000 shares at $23.70 on May 21. After these sales, the Master Fund continued to hold 4,757,165 shares indirectly. According to the footnote, these securities are owned directly by the Master Fund and may be deemed indirectly beneficially owned by Casdin Capital, LLC, Casdin Partners GP, LLC, and Eli Casdin.
Insights
Casdin-affiliated fund reported open-market sales but retains a large BLFS position.
Casdin Partners Master Fund, L.P., a ten percent owner of BioLife Solutions, reported three open-market sales totaling 1.2 million shares at prices between $22.65 and $23.70. These were straightforward stock disposals, not option exercises or tax-withholding events.
Following the transactions, the Master Fund still holds 4,757,165 shares indirectly. The filing notes that Casdin Capital, LLC, Casdin Partners GP, LLC, and Eli Casdin may be deemed indirect beneficial owners through their roles with the fund. The net activity is a 100% sell direction in this filing, but the remaining stake indicates ongoing exposure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 per share | 650,000 | $23.70 | $15.40M |
| Sale | Common Stock, par value $0.001 per share | 250,000 | $23.70 | $5.92M |
| Sale | Common Stock, par value $0.001 per share | 300,000 | $22.65 | $6.79M |
Footnotes (1)
- F1. The securities are owned directly by Casdin Partners Master Fund, L.P. (the "Master Fund") and may be deemed to be indirectly beneficially owned by (i) Casdin Capital, LLC ("Casdin Capital"), the investment adviser to the Master Fund, (ii) Casdin Partners GP, LLC ("Casdin GP"), the general partner of the Master Fund, and (iii) Eli Casdin, the managing member of Casdin Capital and Casdin GP.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider sales did Casdin Partners Master Fund report for BioLife Solutions (BLFS)?
Does this BioLife Solutions (BLFS) Form 4 involve options or derivative securities?
What is the overall direction of insider trading for BioLife Solutions (BLFS) in this Form 4?
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