Standard Biotools (LAB) SVP has 25,729 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STANDARD BIOTOOLS INC. senior vice president and chief business officer Sean Mackay reported a routine tax-withholding transaction. On May 20, 2026, 25,729 shares of common stock were withheld to satisfy tax obligations arising from vested restricted stock units granted on May 20, 2024, March 21, 2025 and March 20, 2026.
Following this withholding, Mackay directly holds 1,006,552 shares of common stock. This Form 4 reflects compensation-related tax settlement rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mackay Sean
Role
SVP & Chief Business Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 25,729 | $1.00 | $26K |
Holdings After Transaction:
Common Stock — 1,006,552 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 25,729 shares
Withholding price per share: $1.00 per share
Shares held after transaction: 1,006,552 shares
+1 more
4 metrics
Shares withheld for taxes
25,729 shares
Tax-withholding disposition on May 20, 2026
Withholding price per share
$1.00 per share
Recorded transaction price for withheld shares
Shares held after transaction
1,006,552 shares
Direct common stock holdings following withholding
Tax-withholding share count
25,729 shares
Also reported as taxWithholdingShares in summary data
Key Terms
restricted stock units, tax withholding obligations, Form 4, common stock
4 terms
restricted stock units financial
"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
"withheld from the reporting person to satisfy the tax withholding obligations that arose"
Form 4 regulatory
"originally reported on Form 3 and 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.
common stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did STANDARD BIOTOOLS (LAB) report for Sean Mackay?
STANDARD BIOTOOLS reported that Sean Mackay had 25,729 common shares withheld to cover tax obligations. The withholding occurred on May 20, 2026 and related to the vesting of previously granted restricted stock units, making this a compensation-driven tax settlement, not an open-market trade.
What caused the tax-withholding disposition reported for STANDARD BIOTOOLS (LAB)?
The tax-withholding disposition arose from the vesting of restricted stock units previously granted to Sean Mackay. These RSU grants were made on May 20, 2024, March 21, 2025 and March 20, 2026, and the company withheld shares to pay associated tax liabilities.
Does this STANDARD BIOTOOLS (LAB) Form 4 indicate an open-market sale by Sean Mackay?
This Form 4 does not indicate an open-market sale by Sean Mackay. Instead, it records shares withheld by the company to satisfy tax obligations on RSU vesting, a common compensation-related mechanism distinct from discretionary buying or selling in the market.