Standard BioTools (LAB) SVP disposes shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STANDARD BIOTOOLS INC. executive Sean Mackay, SVP & Chief Business Officer, reported a tax-related share disposition. On February 23, 2026, 19,661 shares of common stock were withheld at $1.15 per share to cover tax obligations from previously granted restricted stock units that vested. After this withholding, Mackay directly holds 760,174 shares of Standard BioTools common stock. This was a tax-withholding disposition, not an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mackay Sean
Role
SVP & Chief Business Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 19,661 | $1.15 | $23K |
Holdings After Transaction:
Common Stock — 760,174 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did STANDARD BIOTOOLS (LAB) report for Sean Mackay?
STANDARD BIOTOOLS reported that executive Sean Mackay had 19,661 common shares withheld to satisfy tax obligations from vesting restricted stock units. This tax-withholding disposition occurred on February 23, 2026 and was not an open-market trade.
Was the STANDARD BIOTOOLS (LAB) Form 4 a stock sale by Sean Mackay?
No, the Form 4 shows a tax-withholding disposition, not an open-market stock sale. Shares were withheld by the company to cover taxes triggered when Mackay’s restricted stock units vested, a common administrative step with equity compensation.
What caused the tax-withholding disposition reported by STANDARD BIOTOOLS (LAB)?
The disposition resulted from restricted stock units granted to Sean Mackay on May 20, 2024 and March 21, 2025 that later vested. When these RSUs vested, tax liabilities arose, and 19,661 shares were withheld to satisfy those obligations as disclosed in the footnote.