STANDARD BIOTOOLS (LAB) director takes 51,282 RSUs in lieu of $60K cash
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Carey Thomas D. reported acquisition or exercise transactions in this Form 4 filing.
STANDARD BIOTOOLS INC. director Thomas D. Carey received a grant of 51,282 shares of common stock in the form of restricted stock units valued at $1.17 per share. These RSUs were taken in lieu of $60,000 in cash board compensation and will vest in four equal quarterly installments during 2026, subject to his continued service. Following this grant, his directly held common stock totals 245,340 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Carey Thomas D.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 51,282 | $1.17 | $60K |
Holdings After Transaction:
Common Stock — 245,340 shares (Direct)
Footnotes (1)
- Represents Restricted Stock Units ("RSUs") that vest as to 25% on the last day of the last month of each fiscal quarter of 2026, subject to the Reporting Person's continued service through the applicable vesting date. The RSUs were issued to the Reporting Person, who elected to take RSUs in lieu of $60,000 in cash compensation for certain services as a board member.
FAQ
What insider transaction did STANDARD BIOTOOLS (LAB) report for Thomas D. Carey?
STANDARD BIOTOOLS reported that director Thomas D. Carey received 51,282 restricted stock units of common stock. The award was recorded at $1.17 per share and represents equity compensation in lieu of cash for his board service during 2026.
What is the structure of the RSU award reported for STANDARD BIOTOOLS (LAB) director Carey?
The award consists of 51,282 restricted stock units that vest 25% on the last day of the last month of each fiscal quarter of 2026. Vesting is conditioned on Thomas D. Carey continuing to serve the company through each scheduled vesting date.
Why did STANDARD BIOTOOLS (LAB) grant RSUs instead of cash to Thomas D. Carey?
Thomas D. Carey elected to receive restricted stock units instead of $60,000 in cash compensation for certain board services. This election converts what would have been cash fees into equity-based compensation, aligning part of his remuneration with the company’s stock performance.