STOCK TITAN

Bio-Techne CEO delivers or withholds 2,385 shares

The chief executive officer also reported direct options covering 90,441 common shares at a $53.60 exercise price, expiring August 15, 2035.

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Form Type
4

Rhea-AI Filing Summary

BIO-TECHNE Corp Chief Executive Officer Kim Kelderman reported 2,385 common shares delivered or withheld on November 1, 2026, for payment of exercise price or tax liability, at a reported price of $72.66 per share. The directly held common-stock position following the transaction was 80,509 shares. Of the listed performance restricted stock units, 51,261 vest in full or part on August 15, 2027, and 70,708 on August 15, 2028, if certain performance goals are achieved or at a later date when certified by the Administrator.

Insider Kelderman Kim
Role Chief Executive Officer
Type Security Shares Price Value
Exercise Price or Tax Liability Common Stock 2,385 $72.66 $173K
Holding Stock Option (Right to Buy) F1 -- -- --
Holding Stock Option (Right to Buy) F1 -- -- --
Holding Stock Options (Right to Buy) F1 -- -- --
Holding Stock Options (Right to Buy) F1 -- -- --
Holding Stock Options (Right to Buy) F2 -- -- --
Holding Stock Options (Right to Buy) F3 -- -- --
Holding Stock Options (Right to Buy) F1 -- -- --
Holding Stock Options (Right to Buy) F4 -- -- --
Holding Stock Options (Right to Buy) F5 -- -- --
Holding Stock Options (Right to Buy) F6 -- -- --
Holding Performance Restricted Stock Units F7, F8 -- -- --
Holding Performance Restricted Stock Units F7, F9 -- -- --
Holding Restricted Stock Units F7, F10 -- -- --
Holding Restricted Stock Units F7, F11 -- -- --
Holding Restricted Stock Units F7, F12 -- -- --
Holding Restricted Stock Units F7, F13 -- -- --
Holdings After Transaction: Common Stock — 80,509 shares (Direct); Stock Option (Right to Buy) — 141,668 contracts (Direct); Stock Options (Right to Buy) — 311,808 contracts (Direct); Performance Restricted Stock Units — 121,969 contracts (Direct); Restricted Stock Units — 183,285 contracts (Direct)
Footnotes (13)
  1. F1. Fully exercisable.
  2. F2. Options to purchase 7,348 shares vest on each of 8/15/2024, 8/15/2025 and 8/15/2027 and options to purchase 7,347 shares vest on 8/15/2026.
  3. F3. Options to purchase 9,563 shares vest on each of 11/1/2024, 11/1/2025, 11/1/2026 and 11/1/2027.
  4. F4. Options to purchase 12,973 shares vest on each of 2/1/2025 and 2/1/2027, and options to purchase 12,972 shares vest on each of 2/1/2026 and 2/1/2028.
  5. F5. Options to purchase 17,265 shares vest on each of 8/15/2025, 8/15/2026 and 8/15/2027, and options to purchase 17,266 shares vest on 8/15/2028.
  6. F6. Options to purchase 30,147 shares vest on each of 8/15/2026, 8/15/2027 and 8/15/2028.
  7. F7. Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
  8. F8. Vests in full or in part on 8/15/2027 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
  9. F9. Vests in full or in part on 8/15/2028 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
  10. F10. 8,544 restricted stock units vest on 8/15/2027.
  11. F11. 11,785 restricted stock units vest on 8/15/2027, and 11,784 restricted stock units vest on 8/15/2028.
  12. F12. 19,197 restricted stock units vest on each of 8/17/2027 and 8/17/2028, and 19,196 restricted stock units vest on 8/17/2029.
  13. F13. 93,582 restricted stock units vest on 8/17/2029.
Shares delivered or withheld 2,385 shares November 1, 2026; payment of exercise price or tax liability
Reported price per share $72.66 per share November 1, 2026 transaction
Direct common shares following transaction 80,509 shares After the November 1, 2026 transaction
Underlying common shares in direct options 90,441 shares Options with a $53.60 exercise price, expiring August 15, 2035
Option exercise price $53.60 per share Direct options covering 90,441 common shares
Option expiration date August 15, 2035 Direct options covering 90,441 common shares
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy)"
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
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.
contingent right financial
"a contingent right to receive one share of Bio-Techne common stock"
performance goals financial
"if certain performance goals are achieved"
Performance goals are specific, measurable targets a company sets for financial results, operational milestones, or individual roles—examples include revenue, profit, production levels, or completion of a project. They matter to investors because meeting or missing these targets influences management pay, future forecasts, deal-related payments and market confidence; think of them as a scoreboard that helps outsiders judge whether the business is performing as promised.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many TECH shares did CEO Kim Kelderman deliver or withhold?

2,385 common shares were delivered or withheld on November 1, 2026, for payment of exercise price or tax liability, at a reported price of $72.66 per share. The directly held common-stock position following the transaction was 80,509 shares.

When do Kim Kelderman's reported TECH restricted stock units vest?

A reported position of 57,590 restricted stock units is scheduled to vest in installments of 19,197 on August 17, 2027, 19,197 on August 17, 2028, and 19,196 on August 17, 2029. A separate position of 93,582 restricted stock units is scheduled to vest on August 17, 2029.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kelderman Kim

(Last)(First)(Middle)
614 MCKINLEY PLACE NE

(Street)
MINNEAPOLIS MINNESOTA 55413

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BIO-TECHNE Corp [ TECH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock11/01/2026F2,385D$72.6680,509D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)$66.97 (1)08/05/2027Common Stock115,724115,724D
Stock Option (Right to Buy)$120.46 (1)08/06/2028Common Stock25,94425,944D
Stock Options (Right to Buy)$94.52 (1)08/15/2029Common Stock28,94028,940D
Stock Options (Right to Buy)$84.61 (1)08/15/2030Common Stock1,8371,837D
Stock Options (Right to Buy)$84.61 (2)08/15/2030Common Stock29,39129,391D
Stock Options (Right to Buy)$52.83 (3)11/01/2030Common Stock38,25238,252D
Stock Options (Right to Buy)$68.54 (1)02/01/2031Common Stock1,9961,996D
Stock Options (Right to Buy)$68.54 (4)02/01/2031Common Stock51,89051,890D
Stock Options (Right to Buy)$74.91 (5)08/15/2034Common Stock69,06169,061D
Stock Options (Right to Buy)$53.6 (6)08/15/2035Common Stock90,44190,441D
Performance Restricted Stock Units(7) (8) (8)Common Stock51,26151,261D
Performance Restricted Stock Units(7) (9) (9)Common Stock70,70870,708D
Restricted Stock Units(7) (10) (10)Common Stock8,5448,544D
Restricted Stock Units(7) (11) (11)Common Stock23,56923,569D
Restricted Stock Units(7) (12) (12)Common Stock57,59057,590D
Restricted Stock Units(7) (13) (13)Common Stock93,58293,582D
Explanation of Responses:
1. Fully exercisable.
2. Options to purchase 7,348 shares vest on each of 8/15/2024, 8/15/2025 and 8/15/2027 and options to purchase 7,347 shares vest on 8/15/2026.
3. Options to purchase 9,563 shares vest on each of 11/1/2024, 11/1/2025, 11/1/2026 and 11/1/2027.
4. Options to purchase 12,973 shares vest on each of 2/1/2025 and 2/1/2027, and options to purchase 12,972 shares vest on each of 2/1/2026 and 2/1/2028.
5. Options to purchase 17,265 shares vest on each of 8/15/2025, 8/15/2026 and 8/15/2027, and options to purchase 17,266 shares vest on 8/15/2028.
6. Options to purchase 30,147 shares vest on each of 8/15/2026, 8/15/2027 and 8/15/2028.
7. Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
8. Vests in full or in part on 8/15/2027 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
9. Vests in full or in part on 8/15/2028 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
10. 8,544 restricted stock units vest on 8/15/2027.
11. 11,785 restricted stock units vest on 8/15/2027, and 11,784 restricted stock units vest on 8/15/2028.
12. 19,197 restricted stock units vest on each of 8/17/2027 and 8/17/2028, and 19,196 restricted stock units vest on 8/17/2029.
13. 93,582 restricted stock units vest on 8/17/2029.
/s/ Andrew Nick, Attorney-in-Fact for Kim Kelderman pursuant to Power of Attorney previously filed.11/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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