BIOLIFE SOLUTIONS (BLFS) CTO reports 1,681-share tax withholding on RSU release
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BIOLIFE SOLUTIONS INC Chief Technology Officer Sean Werner reported a routine tax-related share disposition. On the release of restricted stock units, the company withheld 1,681 shares of common stock at $19.12 per share to cover his tax obligations. After this withholding, Werner directly holds 48,251 shares of BIOLIFE SOLUTIONS common stock. This was not an open-market trade but an automatic share withholding mechanism tied to equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Werner Sean
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,681 | $19.12 | $32K |
Holdings After Transaction:
Common Stock — 48,251 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did BIOLIFE SOLUTIONS (BLFS) report for Sean Werner?
BIOLIFE SOLUTIONS reported that Chief Technology Officer Sean Werner had 1,681 common shares withheld to cover tax obligations from restricted stock unit release. This Form 4 shows an automatic tax-withholding disposition, not an open-market purchase or sale of BLFS shares.
What does transaction code F mean in the BIOLIFE SOLUTIONS (BLFS) Form 4?
Transaction code F in the BIOLIFE SOLUTIONS Form 4 indicates payment of exercise price or tax liability by delivering securities. Here, 1,681 common shares were withheld to satisfy Sean Werner’s tax obligations tied to restricted stock unit vesting.