Biodesix (BDSX) CAO RSUs vest, tax-cover sale of 211 shares disclosed
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Biodesix Inc Chief Accounting Officer Chris Vazquez reported equity transactions involving restricted stock units (RSUs) and common stock. On February 20, 2026, RSUs covering 563 shares were exercised for no cash cost, converting into the same number of common shares. Following this, on February 23, 2026, 211 common shares were sold in open-market transactions at a weighted average price of $12.7756 per share to cover taxes due upon RSU vesting, with individual sale prices ranging from $12.58 to $13.16. After these transactions, Vazquez directly held 1,586 common shares and 1,689 RSUs, with the RSUs scheduled to vest in four equal annual installments starting February 20, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 211 shares ($2,696)
Net Sell
3 txns
Insider
Vazquez Chris
Role
Chief Accounting Officer
Sold
211 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 211 | $12.7756 | $3K |
| Exercise | Restricted Stock Units | 563 | $0.00 | -- |
| Exercise | Common Stock | 563 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,586 shares (Direct);
Restricted Stock Units — 1,689 shares (Direct)
Footnotes (1)
- Each restricted stock unit (the "RSU") represents a contingent right to receive one share of the Issuer's Common Stock. These shares of the Issuer's Common Stock were sold automatically to cover taxes upon the vesting of RSUs. The price reported in Column 4 is a weighted average price of all shares sold on the transaction date by the Issuer's broker to cover taxes upon the vesting of RSUs for certain employees of the Issuer, including the Reporting Person. These shares were sold in multiple transactions at prices ranging from $12.58 to $13.16, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. These numbers have been adjusted to reflect the one-for-twenty reverse stock split effective September 15, 2025. These RSUs vest in a series of four successive equal annual installments measured from February 20, 2025, generally subject to the Reporting Person's continued service with the Issuer, and have no expiration date.
FAQ
What insider transactions did Biodesix (BDSX) report for Chris Vazquez?
Biodesix reported that Chief Accounting Officer Chris Vazquez exercised restricted stock units for 563 common shares and sold 211 common shares in open-market transactions to cover tax obligations related to RSU vesting.
Was the Biodesix (BDSX) insider stock sale by Chris Vazquez discretionary?
The reported sale of 211 common shares by Chris Vazquez was automatically executed by the issuer’s broker solely to cover taxes due upon the vesting of RSUs, rather than being a discretionary open-market sale for personal liquidity.
How do Chris Vazquez’s Biodesix (BDSX) RSUs vest over time?
Chris Vazquez’s restricted stock units vest in four equal annual installments starting on February 20, 2025, generally conditioned on continued service with Biodesix, and each vested RSU delivers one share of the company’s common stock.