Standard BioTools (NASDAQ: LAB) exec uses 25.7K shares for taxes
Rhea-AI Filing Summary
STANDARD BIOTOOLS INC. (LAB) reported that executive Sean Mackay, SVP & Chief Business Officer, had 25,729 shares of common stock withheld on August 20, 2026 to satisfy tax withholding obligations arising from the vesting of previously granted restricted stock units. Following this tax-withholding disposition, he holds 1,480,823 shares of common stock directly.
Positive
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Negative
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Insider Trade Summary
Net Seller: 25,729 shares
Net Sell
1 txn
Insider
Mackay Sean
Role
SVP & Chief Business Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 25,729 | $0.672 | $17K |
Holdings After Transaction:
Common Stock — 1,480,823 shares (Direct)
Footnotes (1)
- F1. The shares were withheld from the reporting person to satisfy the tax withholding obligations that arose upon the vesting of restricted stock units ("RSUs") granted to the reporting person on May 20, 2024, March 21, 2025 and March 20, 2026, which grants were originally reported on Form 3 and Form 4s filed with the U.S. Securities and Exchange Commission on September 3, 2024, March 24, 2025 and April 8, 2026.
Key Figures
Shares delivered/withheld for tax liability: 25,729 shares
Per-share value for tax-withholding shares: $0.6720 per share
Shares owned after transaction: 1,480,823 shares
3 metrics
Shares delivered/withheld for tax liability
25,729 shares
Common Stock, code F tax-withholding disposition on August 20, 2026
Per-share value for tax-withholding shares
$0.6720 per share
Valuation applied to 25,729 withheld shares
Shares owned after transaction
1,480,823 shares
Common Stock directly owned by Sean Mackay after August 20, 2026 transaction
Key Terms
restricted stock units, tax withholding obligations, Form 4s
3 terms
restricted stock units financial
"tax withholding obligations that arose upon the vesting of restricted stock units ("RSUs")"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"shares were withheld from the reporting person to satisfy the tax withholding obligations"
Form 4s regulatory
"which grants were originally reported on Form 3 and Form 4s filed"
Form 4s are regulatory filings that report changes in ownership of a company’s stock by insiders — such as executives, directors, or large shareholders — and must be filed shortly after they buy or sell shares. For investors, these filings are like a public receipt showing what people closest to the company are doing with their own money, offering a quick signal of insider confidence or concern that can inform trading decisions.
FAQ
What insider transaction did STANDARD BIOTOOLS INC. (LAB) report for Sean Mackay?
Sean Mackay had 25,729 shares of STANDARD BIOTOOLS INC. common stock withheld on August 20, 2026 to satisfy tax withholding obligations from RSU vesting, a non-market disposition reported on Form 4.
Was the LAB Form 4 transaction a sale on the open market?
No. The Form 4 states the transaction used code F, describing payment of tax liability by delivering or withholding securities, and the footnote explains the 25,729 shares were withheld to satisfy tax withholding obligations from RSU vesting.
What awards triggered the tax withholding reported in the LAB Form 4?
The tax withholding arose from the vesting of restricted stock units (RSUs) granted to Sean Mackay on May 20, 2024, March 21, 2025, and March 20, 2026, as described in the Form 4 footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.