Casdin entities add LAB stake with open-market share purchases
Rhea-AI Filing Summary
Standard BioTools Inc. (LAB) reported insider open-market purchases of its common stock by Casdin-affiliated investment entities that are directors and 10% owners. On 11/13/2025, they bought 450,000 shares at a weighted average price of $1.2031 per share. On 11/14/2025, they bought another 250,000 shares at a weighted average price of $1.2392, and on 11/17/2025, they bought 225,000 shares at a weighted average price of $1.2248.
Following these transactions, one indirect position is shown as 62,975,000 shares, with additional direct and indirect holdings of 2,901,062, 13,939,637, and 2,744,219 shares reported for various Casdin-managed funds and Eli Casdin. The filing notes that prices are weighted averages over multiple trades within stated ranges and that the securities of several funds may be deemed beneficially owned by Casdin Capital entities and Eli Casdin.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, $0.001 par value per share | 225,000 | $1.2248 | $276K |
| Purchase | Common Stock, $0.001 par value per share | 250,000 | $1.2392 | $310K |
| Purchase | Common Stock, $0.001 par value per share | 450,000 | $1.2031 | $541K |
| holding | Common Stock, $0.001 par value per share | -- | -- | -- |
| holding | Common Stock, $0.001 par value per share | -- | -- | -- |
| holding | Common Stock, $0.001 par value per share | -- | -- | -- |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions within the range of $1.1978 to $1.2098. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions within the range of $1.2364 to $1.2434. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions within the range of $1.2175 to $1.2299. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the range set forth in this footnote. The securities are owned directly by Casdin Partners Master Fund, L.P. (the "Master Fund") and may be deemed to be indirectly beneficially owned by (i) Casdin Capital, LLC ("Casdin"), the investment adviser to the Master Fund, (ii) Casdin Partners GP, LLC (the "GP"), the general partner of the Master Fund, and (iii) Eli Casdin, the managing member of Casdin and the GP. The securities are owned directly by Eli Casdin. The securities are owned directly by Casdin Private Growth Equity Fund II, L.P. (the "Equity Fund II") and may be deemed to be indirectly beneficially owned by (i) Casdin, the investment adviser to the Equity Fund II, and (ii) Eli Casdin, the managing member of Casdin. The securities are owned directly by Casdin Private Growth Equity Fund, L.P. (the "Equity Fund") and may be deemed to be indirectly beneficially owned by (i) Casdin, the investment adviser to the Equity Fund, and (ii) Eli Casdin, the managing member of Casdin.
FAQ
What insider transactions were reported for STANDARD BIOTOOLS INC. (LAB)?
The filing reports that Casdin-affiliated entities purchased 450,000 LAB common shares on 11/13/2025, 250,000 shares on 11/14/2025, and 225,000 shares on 11/17/2025 in open-market transactions.
Who are the reporting persons in this Form 4 for STANDARD BIOTOOLS (LAB)?
The reporting persons include Casdin Partners Master Fund, L.P., various Casdin private growth equity funds and their general partners, Casdin Capital, LLC, and Eli Casdin, who is identified as a managing member of the relevant entities.
What is the relationship of the Casdin entities to STANDARD BIOTOOLS INC.?
The filing states that the reporting persons are directors and 10% owners, and that Eli Casdin has been deputized to represent the reporting persons on the board of directors of Standard BioTools Inc.
How are weighted average prices described in this LAB insider filing?
For each transaction date, the price in Column 4 is described as a weighted average price, with the shares bought in multiple transactions within specified price ranges, and the reporting persons commit to provide detailed trade-level prices upon request.