BLFS CTO has 1,681 shares withheld for taxes
BIOLIFE SOLUTIONS INC Chief Technology Officer Sean Werner reported a routine tax-related share disposition.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,681 | $19.12 | $32K |
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?
What does transaction code F mean in the BIOLIFE SOLUTIONS (BLFS) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.