BIO-TECHNE CFO reports 9,980-share award conversion
Restricted stock units were scheduled to vest through August 15, 2028, while portions of performance awards were forfeited.
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Rhea-AI Filing Summary
BIO-TECHNE Corp (TECH) CFO James Hippel reported transactions on August 15, 2026. The transactions included conversion of restricted stock units into 9,980 common shares and 4,423 shares delivered or withheld for payment of exercise price or tax liability at $72.40 per share. The transactions also report forfeiture of 34,443 performance stock options and 12,798 performance RSUs; linked footnotes say the Board authorized discretionary vesting of 2,871 performance options and 1,067 performance RSUs.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Performance Stock Options (Right to Buy) F1 | 34,443 | $0.00 | $0.00 |
| Exercise | Performance Restricted Stock Units F2, F3 | 1,067 | $0.00 | $0.00 |
| Disposition | Performance Restricted Stock Units F2, F3 | 12,798 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F4 | 4,010 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F5 | 4,903 | $0.00 | $0.00 |
| Exercise | Common Stock | 9,980 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,423 | $72.40 | $320K |
Footnotes (5)
- F1. On 8/15/2026, the Board of Directors authorized discretionary vesting for 2,871 performance options. The remainder of the performance options were forfeited.
- F2. Each restricted stock unit represents a contingent right to receive one share of Bio-Techne Corporation common stock.
- F3. On 8/15/2026, the Board of Directors authorized discretionary vesting for 1,067 performance RSUs. The remainder of the performance RSUs were forfeited.
- F4. 4,010 restricted stock units vest on 8/15/2026; and 4,011 restricted stock units vest on 8/15/2027.
- F5. 4,903 restricted stock units vest on each of 8/15/2026 and 8/15/2027, and 4,904 restricted stock units vest on 8/15/2028.
Key Figures
Key Terms
Performance Stock Options (Right to Buy) financial
contingent right financial
discretionary vesting financial
exercise price or tax liability financial
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