4/A: Bio-Techne Corp Director Amends Form 4 Filing to Correct Stock Option Details After Stock Split
SEC Filing
Rupert Vessey, a director at Bio-Techne Corp, filed an amended Form 4 to correct the exercisable and expiration dates of stock options following a four-for-one stock split.
Summary
- Rupert Vessey, a director at Bio-Techne Corp, filed an amendment to a previous Form 4 filing.
- The amendment corrects the 'Date Exercisable' and 'Expiration Date' of stock options originally reported in a 2019 filing.
- The correction reflects a four-for-one stock split completed by the company on November 28, 2022.
- As a result of the stock split, the director now holds 2,352 exercisable options with an exercise price of $52.32.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting information, which is neutral to slightly positive as it demonstrates transparency and compliance.
Industry Context
Form 4 filings are standard practice for company insiders (directors, officers, and major shareholders) to report transactions in their company's stock, ensuring transparency and compliance with securities regulations. Amendments, like this one, are filed to correct errors or update information in previous filings.
Stakeholder Impact
- Shareholders benefit from the increased transparency provided by accurate reporting of insider transactions.
Key Dates
| Date | Description |
|---|---|
| 07/01/2019 | Date of earliest transaction being amended. |
| 07/02/2019 | Date of original filing being amended. |
| 10/24/2019 | Original Date Exercisable of stock options. |
| 06/30/2029 | Original Expiration Date of stock options. |
| 11/28/2022 | Date of the four-for-one stock split. |
| 04/11/2025 | Date of Power of Attorney previously filed. |
Keywords
Form 4, Amendment, Stock Options, Stock Split, Director, Bio-Techne Corp, TECH, SEC Filing
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