Standard BioTools (NASDAQ: LAB) CFO equity awards and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STANDARD BIOTOOLS INC. Chief Financial Officer Hanjoon Alex Kim reported routine equity compensation activity and related tax withholding. On March 20, 2026, he received 323,173 shares of common stock and a stock option for 727,140 shares at an exercise price of $0.9846, vesting quarterly after May 20, 2026.
On April 6, 2026, 70,183 restricted stock units converted into the same number of common shares. Of these, 21,301 shares were withheld to cover tax obligations from a prior RSU grant, not sold in the market. After these transactions, he directly held 2,779,401 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
70,183 shares exercised/converted
Mixed
5 txns
Insider
Kim Hanjoon Alex
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 70,183 | $0.00 | -- |
| Exercise | Common Stock | 70,183 | $0.00 | -- |
| Tax Withholding | Common Stock | 21,301 | $0.908 | $19K |
| Grant/Award | Stock Option (Right to buy) | 727,140 | $0.00 | -- |
| Grant/Award | Common Stock | 323,173 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 2,800,702 shares (Direct);
Stock Option (Right to buy) — 727,140 shares (Direct)
Footnotes (1)
- Represents restricted stock units ("RSUs") that vest over four years, with 1/16 of the RSUs vesting on May 20, 2026 and the remaining RSUs vesting in equal quarterly installments thereafter, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the right to receive one share of common stock upon vesting. 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 April 4, 2022, which grant was originally reported on Form 4 filed with the U.S. Securities and Exchange Commission on April 6, 2022. The Option becomes exercisable as to 1/16th of the underlying shares on May 20, 2026, with the remaining shares vesting in equal quarterly installments thereafter, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of the Issuer's common stock. On April 4, 2022, the Reporting Person was granted 280,732 RSUs, vesting in four equal annual installments beginning on April 4, 2023.
Key Figures
RSUs converted: 70,183 shares
Shares withheld for taxes: 21,301 shares at $0.908
Shares held after transactions: 2,779,401 shares
+2 more
5 metrics
RSUs converted
70,183 shares
Restricted Stock Units into common stock on April 6, 2026
Shares withheld for taxes
21,301 shares at $0.908
Tax-withholding disposition on RSU vesting April 6, 2026
Shares held after transactions
2,779,401 shares
Direct common stock ownership after April 6, 2026
New stock option grant
727,140 shares at $0.9846
Option grant on March 20, 2026, expiring March 20, 2036
New share award
323,173 shares
Common stock grant on March 20, 2026
Key Terms
Restricted Stock Units, tax withholding obligations, Stock Option, vesting
4 terms
Restricted Stock Units financial
"Represents restricted stock units ("RSUs") that vest over four years..."
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
"The shares were withheld from the reporting person to satisfy the tax withholding obligations..."
Stock Option financial
"The Option becomes exercisable as to 1/16th of the underlying shares..."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
vesting financial
"vest over four years, with 1/16 of the RSUs vesting on May 20, 2026..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transactions did STANDARD BIOTOOLS (LAB) CFO report?
The CFO reported equity awards and related vesting activity, not open-market trades. He received 323,173 common shares, a 727,140-share stock option, and 70,183 RSUs converted to stock, with some shares withheld to pay taxes on earlier RSU vesting.
What stock option grant did the STANDARD BIOTOOLS (LAB) CFO receive?
He received a stock option covering 727,140 shares of common stock at an exercise price of $0.9846 per share. The option begins vesting on May 20, 2026, and continues in equal quarterly installments until its expiration on March 20, 2036.
How were taxes handled on the CFO’s RSU vesting at STANDARD BIOTOOLS (LAB)?
On April 6, 2026, 21,301 shares were withheld to cover tax obligations from RSUs granted in April 2022. This F-code transaction is a tax-withholding disposition, meaning the shares were not sold on the open market but used to satisfy tax liabilities.