BLFS CTO has 1,681 shares withheld for taxes
BIOLIFE SOLUTIONS INC Chief Technology Officer Sean Werner reported a routine tax-related share disposition.
Rhea-AI Filing Summary
BIOLIFE SOLUTIONS INC Chief Technology Officer Sean Werner reported a routine tax-related share disposition. On the release of restricted stock units, the company withheld 1,681 shares of common stock at $19.12 per share to cover his tax obligations. After this withholding, Werner directly holds 48,251 shares of BIOLIFE SOLUTIONS common stock. This was not an open-market trade but an automatic share withholding mechanism tied to equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 1,681 shares
Exercise Price or Tax Liability
1 txn
Insider
Werner Sean
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,681 | $19.12 | $32K |
Holdings After Transaction:
Common Stock — 48,251 shares (Direct)
Footnotes (1)
- F1. Represents the number of shares withheld by the Issuer to satisfy tax withholding obligations of the reporting person that arose upon the release of restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BIOLIFE SOLUTIONS (BLFS) report for Sean Werner?
BIOLIFE SOLUTIONS reported that Chief Technology Officer Sean Werner had 1,681 common shares withheld to cover tax obligations from restricted stock unit release. This Form 4 shows an automatic tax-withholding disposition, not an open-market purchase or sale of BLFS shares.
What does transaction code F mean in the BIOLIFE SOLUTIONS (BLFS) Form 4?
Transaction code F in the BIOLIFE SOLUTIONS Form 4 indicates payment of exercise price or tax liability by delivering securities. Here, 1,681 common shares were withheld to satisfy Sean Werner’s tax obligations tied to restricted stock unit vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.