STANDARD BIOTOOLS (LAB) CEO has shares withheld to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Egholm Michael
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 66,127 | $1.15 | $76K |
Holdings After Transaction:
Common Stock — 5,551,710 shares (Direct)
Footnotes (1)
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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.