STANDARD BIOTOOLS (LAB) CEO has shares withheld to cover RSU tax bill
Rhea-AI Filing Summary
STANDARD BIOTOOLS INC. President & CEO Michael Egholm reported a Form 4 showing a tax-related share disposition. On the transaction date, 66,127 shares of common stock were withheld at $1.15 per share to cover tax withholding obligations from vesting restricted stock units. After this tax-withholding disposition, Egholm directly owned 5,551,710 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 66,127 shares
Net Sell
1 txn
Insider
Egholm Michael
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 66,127 | $1.15 | $76K |
Holdings After Transaction:
Common Stock — 5,551,710 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 and March 21, 2025, which grants were originally reported on Form 4s filed with the U.S. Securities and Exchange Commission on May 21, 2024 and March 24, 2025, respectively.
FAQ
What insider transaction did STANDARD BIOTOOLS (LAB) report for Michael Egholm?
STANDARD BIOTOOLS President & CEO Michael Egholm reported a Form 4 tax-withholding disposition. The company withheld 66,127 common shares to satisfy tax obligations from vesting restricted stock units, rather than an open-market sale, and his direct holdings remained substantial afterward.
Was Michael Egholm’s Form 4 transaction in STANDARD BIOTOOLS (LAB) an open-market sale?
No, the Form 4 for Michael Egholm did not report an open-market sale. The 66,127 shares were withheld by STANDARD BIOTOOLS to cover tax withholding obligations triggered by vesting restricted stock units, which is a common administrative transaction for equity compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.