Standard BioTools (LAB) CEO uses 97K shares to pay taxes
Rhea-AI Filing Summary
STANDARD BIOTOOLS INC. (LAB) reported that President & CEO Michael Egholm had 97,627 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 directly holds 6,137,704 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 97,627 shares
Net Sell
1 txn
Insider
Egholm Michael
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 97,627 | $0.672 | $66K |
Holdings After Transaction:
Common Stock — 6,137,704 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 granted to the reporting person on May 20, 2024, March 21, 2025 and March 20, 2026, which grants were originally reported on Form 4s filed with the U.S. Securities and Exchange Commission on May 21, 2024, March 24, 2025 and April 8, 2026 respectively.
Key Figures
Shares withheld for taxes: 97,627 shares of Common Stock
Transaction price per share: $0.6720 per share
Shares held after transaction: 6,137,704 shares of Common Stock
+1 more
4 metrics
Shares withheld for taxes
97,627 shares of Common Stock
Withheld on August 20, 2026 to satisfy tax withholding obligations
Transaction price per share
$0.6720 per share
Price reported for the tax-withholding disposition of 97,627 shares
Shares held after transaction
6,137,704 shares of Common Stock
Direct holdings of Michael Egholm following the August 20, 2026 transaction
ExercisePriceOrTaxLiabilityShares
97,627 shares
Shares involved in payment of tax liability by delivering or withholding securities
Key Terms
restricted stock units, tax withholding obligations, transaction code F
3 terms
restricted stock units financial
"tax withholding obligations that arose upon the vesting of restricted stock units granted"
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"
transaction code F regulatory
"transaction code F describes Payment of tax liability by delivering or withholding"
FAQ
What insider transaction did LAB report for Michael Egholm on this Form 4?
STANDARD BIOTOOLS INC. reported that President & CEO Michael Egholm had 97,627 shares of common stock withheld on August 20, 2026 to cover tax withholding obligations related to vesting restricted stock units.
Was the August 20, 2026 LAB Form 4 transaction a market sale by Michael Egholm?
No. The Form 4 states the 97,627 shares were withheld to pay tax withholding obligations upon vesting of restricted stock units, reported under transaction code F, rather than an open-market sale.
Were the LAB Form 4 transactions under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not checked, and there is no footnote stating that the August 20, 2026 tax-withholding transaction was executed under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.