Berard Todd 4

What Happened Berard Todd, Chief Marketing Officer of BioLife Solutions (BLFS), had 1,879 shares (from vested restricted stock units) withheld by the company to satisfy tax withholding obligations. The shares are listed at $19.12 each, a total value of approximately $35,926. This is a tax-withholding disposition, not an open-market sale.

Key Details

• Transaction date: 2026-03-19; filing date: 2026-03-23 (timely filed).
• Price per share: $19.12; shares withheld/disposed: 1,879; total value ≈ $35,926.
• Shares owned after the transaction: not specified in this filing.
• Footnote: F1 — shares were withheld by the issuer to satisfy tax withholding on the release of restricted stock units (sell-to-cover/cashless withholding).
• Transaction type/code: F (payment of exercise price or tax liability).

Context This was a routine tax-withholding action upon RSU vesting and should not be interpreted as a deliberate open-market sale signaling a change in insider sentiment. Tax-withholdings are common when restricted stock units vest and do not necessarily reflect the insider’s view on the company’s prospects.