Standard BioTools CFO Withholds 12,739 Shares to Cover RSU Taxes
Rhea-AI Filing Summary
Standard BioTools (LAB) Chief Financial Officer Hanjoon Alex Kim reported a disposition of 12,739 shares of common stock on 08/20/2025 at a price of $1.27 per share. The Form 4 shows the shares were withheld to satisfy tax withholding obligations arising from restricted stock units that vested from grants made on May 20, 2024 and March 21, 2025. After the reported disposition, the reporting person beneficially owns 2,427,825 shares. The filing was signed by an attorney-in-fact on behalf of Mr. Kim on 08/22/2025.
Positive
- Transaction was a tax-withholding action tied to RSU vesting rather than an open-market sale
- Filing includes clear explanation referencing the original RSU grants and prior Form 4s
- Reporting person remains a significant holder with 2,427,825 shares after the transaction
Negative
- 12,739 shares were disposed, reducing the reporting person’s holdings
- Price per share reported is $1.27, which may reflect valuation at time of withholding
Insights
TL;DR: Insider sold a small block of shares via tax-withholding upon RSU vesting; no cash-sale trading indicated.
The Form 4 discloses a disposition of 12,739 shares executed as a tax-withholding action tied to RSU vesting. The transaction price is reported at $1.27 per share, and it reduced the reporting person’s beneficial holdings to 2,427,825 shares. Because the filing specifies withholding to satisfy tax obligations rather than an open-market sale, this is a routine administrative action following equity compensation events.
TL;DR: Administrative withholding for vested RSUs was used; form is properly executed and explains the withholding reason.
The disclosure clearly identifies the withheld shares as satisfying tax withholding from RSUs granted on May 20, 2024 and March 21, 2025, with prior Form 4 filings referenced for those grants. Signature by attorney-in-fact is included with date. From a governance and disclosure perspective, the filing meets the required description of transaction nature and origin.