Bionano Genomics (BNGO) CEO logs 51-share RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bionano Genomics President and CEO R. Erik Holmlin reported a small tax-related share disposition. On the settlement of a restricted stock unit (RSU) award that vested on February 15, 2026, the issuer withheld 51 shares of common stock at $1.10 per share to cover his tax obligations, rather than selling them on the open market. After this withholding transaction, he directly holds 1,657 shares of Bionano Genomics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Holmlin R. Erik
Role
PRESIDENT AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 51 | $1.10 | $56.10 |
Holdings After Transaction:
Common Stock — 1,657 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Bionano Genomics (BNGO) report for R. Erik Holmlin?
Bionano Genomics reported that President and CEO R. Erik Holmlin had 51 common shares withheld by the company to cover tax obligations from a vested RSU award, rather than selling shares on the open market. This is a routine tax-withholding disposition.
Was the Bionano Genomics CEO’s Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The issuer withheld 51 shares from an RSU vesting to satisfy R. Erik Holmlin’s tax withholding obligations, a standard mechanism labeled as a tax-withholding disposition on the Form 4, not a discretionary sale.
What does transaction code F mean in the BNGO CEO’s Form 4 filing?
Transaction code F indicates a tax-withholding disposition. In this case, Bionano Genomics withheld 51 vested RSU shares to cover R. Erik Holmlin’s tax liability, instead of requiring him to pay cash or sell shares on the market.