Form 4: Bio-Techne Corp CFO James Hippel Reports Stock Option Exercise and Share Disposal
SEC Form 4
James Hippel, CFO of Bio-Techne Corp, exercised stock options and disposed of shares to cover tax obligations, according to a Form 4 filing.
Summary
- On July 23, 2024, James Hippel, CFO of Bio-Techne Corp, exercised stock options to acquire 35,000 shares of common stock at a price of $31.26 per share.
- Following the exercise, Hippel disposed of 24,282 shares to cover tax obligations at a price of $77.77 per share.
- After these transactions, Hippel directly owns 83,002 shares of Bio-Techne Corp common stock.
- Hippel also holds various stock options and restricted stock units with different vesting schedules and exercise prices.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard Form 4 filing indicating insider transactions related to stock options and tax obligations.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily indicate a change in the company's prospects or strategy.
Key Dates
| Date | Description |
|---|---|
| 07/23/2024 | Date of stock option exercise and share disposal |
| 08/05/2027 | Expiration date for some stock options |
| 08/06/2024 | Vesting date for some restricted stock units |
| 08/06/2028 | Expiration date for some stock options |
| 08/08/2025 | Exercisable date for some stock options |
| 08/15/2025 | Vesting date for some restricted stock units |
| 08/15/2029 | Exercisable date for some stock options |
| 08/15/2030 | Exercisable date for some stock options |
| 11/01/2024 | Vesting date for some restricted stock units |
| 11/01/2025 | Vesting date for some restricted stock units |
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