STANDARD BIOTOOLS (LAB) CEO has shares withheld to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STANDARD BIOTOOLS INC. President & CEO Michael Egholm reported a tax-related share disposition. On May 20, 2026, 97,626 shares of common stock were withheld to satisfy tax withholding obligations arising from the vesting of previously granted restricted stock units. These grants were originally awarded on May 20, 2024, March 21, 2025 and March 20, 2026. After this withholding, Egholm directly holds 6,597,956 shares of common stock, indicating this was a compensation- and tax-driven event rather than an open-market trade.
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 | 97,626 | $1.00 | $98K |
Holdings After Transaction:
Common Stock — 6,597,956 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 97,626 shares
Per-share value for withholding: $1.00 per share
Shares held after transaction: 6,597,956 shares
3 metrics
Shares withheld for taxes
97,626 shares
Withheld on May 20, 2026 to satisfy tax withholding obligations
Per-share value for withholding
$1.00 per share
Reported transaction price for withheld common stock
Shares held after transaction
6,597,956 shares
Common stock directly held by Michael Egholm following tax withholding
Key Terms
restricted stock units, tax withholding obligations, Form 4
3 terms
restricted stock units financial
"the tax withholding obligations that arose upon the vesting of restricted stock units granted to the reporting person"
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 that arose upon the vesting"
Form 4 regulatory
"which grants were originally reported on Form 4s filed with the U.S. Securities and Exchange Commission"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did STANDARD BIOTOOLS (LAB) report for Michael Egholm?
STANDARD BIOTOOLS President & CEO Michael Egholm reported a tax-related disposition of shares. On May 20, 2026, 97,626 common shares were withheld to cover tax obligations from vesting restricted stock units granted in 2024, 2025 and 2026.
Was the STANDARD BIOTOOLS (LAB) Form 4 transaction an open-market sale?
No, the Form 4 transaction was not an open-market sale. Shares were withheld by the company to satisfy tax withholding obligations triggered by vesting restricted stock units, a routine compensation-related event rather than a discretionary sale in the open market.
What caused the tax withholding reported in the STANDARD BIOTOOLS (LAB) Form 4?
The tax withholding arose when restricted stock units granted to Michael Egholm vested. These RSU grants were originally awarded on May 20, 2024, March 21, 2025 and March 20, 2026, and vesting triggered tax obligations settled by withholding company shares.