Form 4: Bio-Rad Laboratories Executive Andrew J. Last Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Andrew J. Last, EVP and Chief Operating Officer of Bio-Rad Laboratories, reports the vesting of restricted stock units and subsequent tax withholding.

Summary

  • On April 29, 2024, Andrew J. Last, EVP and Chief Operating Officer of Bio-Rad Laboratories, reported transactions involving Bio-Rad Class A common stock.
  • These transactions included the vesting of 1,000 restricted stock units, which converted into 1,000 shares of Class A common stock.
  • Additionally, 357 shares were withheld to cover tax obligations related to the vesting of the restricted stock units.
  • Following these transactions, Last directly owns 5,719.8881 shares of Bio-Rad Class A common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions, so the sentiment is neutral.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive compensation and potential alignment with shareholder interests.

Stakeholder Impact

  • The transactions have a minor impact on shareholders by slightly increasing the number of outstanding shares.

Key Dates

DateDescription
04/29/2019Reporting person was granted 5,000 restricted stock units, vesting in five equal annual installments beginning on the first anniversary of the grant date.
09/30/2023Shares acquired under the Bio-Rad Employee Stock Purchase Plan.
03/31/2024Shares acquired under the Bio-Rad Employee Stock Purchase Plan.
04/29/2024Vesting of 1,000 restricted stock units and tax withholding of 357 shares.
04/30/2024Date of signature for the Form 4 filing.

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