Wichterman Troy 4
4 · BIOLIFE SOLUTIONS INC · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Biolife (BLFS) CFO Troy Wichterman Withholds 3,749 Shares for Taxes
What Happened Troy Wichterman, Chief Financial Officer of BioLife Solutions (BLFS), had 3,749 shares withheld by the company to satisfy tax withholding obligations related to the release of restricted stock units (RSUs). The shares were valued at $19.12 each, for a total of $71,681. This was a withholding disposition (not an open-market sale) to cover tax liabilities.
Key Details
- Transaction date: 2026-03-19
- Price per share: $19.12; Total value of shares withheld: $71,681
- Transaction type/code: F — shares withheld to satisfy tax withholding on RSU release
- Shares owned after transaction: Not specified in this filing
- Footnote: F1 notes the shares were withheld by the issuer to meet the reporting person’s tax withholding obligations upon RSU release
- Filing timeliness: No late filing indicated in the report
Context This was a routine tax-withholding event associated with RSU vesting (a cashless method where the company retains shares to cover taxes). Such transactions are administrative and do not necessarily signal insider buying or selling intent. For investors, purchases by insiders tend to be more informative about sentiment; withholding for taxes is common and typically neutral.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-19$19.12/sh−3,749$71,681→ 216,900 total
Footnotes (1)
- [F1]Represents the number of shares withheld by the Issuer to satisfy tax withholding obligations of the reporting person that arose upon the release of restricted stock units.