Form 4: Bio-Techne Corp Director John L. Higgins Reports Stock Option Exercise and Share Disposal
SEC Form 4 Filing
Director John L. Higgins exercised stock options and disposed of shares of Bio-Techne Corp on September 12, 2024.
Summary
- On September 12, 2024, John L. Higgins, a director of Bio-Techne Corp, exercised stock options to acquire 6,000 shares of common stock at a price of $22.95 per share.
- Following the exercise, Higgins disposed of 1,874 shares of common stock at a price of $73.2.
- After these transactions, Higgins beneficially owns 46,734 shares of Bio-Techne Corp common stock directly.
- Higgins also holds various stock options with different exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: This is a neutral report on insider trading activity. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in compliance with SEC regulations.
- The details provided are consistent with the level of information expected in such filings, similar to those of comparable companies like Thermo Fisher Scientific or Danaher Corporation.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 10/30/2014 | Expiration date of some stock options |
| 10/29/2016 | Grant date of some stock options |
| 10/26/2017 | Grant date of some stock options |
| 10/25/2018 | Grant date of some stock options |
| 10/24/2019 | Grant date of some stock options |
| 10/24/2020 | Grant date of some stock options |
| 10/28/2021 | Grant date of some stock options |
| 10/27/2022 | Grant date of some stock options |
| 10/26/2023 | Grant date of some stock options |
| 09/12/2024 | Date of stock option exercise and share disposal |
| 09/16/2024 | Date of signature by Attorney-in-Fact |
| 10/28/2025 | Expiration date of some stock options |
| 10/26/2026 | Expiration date of some stock options |
| 10/27/2027 | Expiration date of some stock options |
| 10/25/2028 | Expiration date of some stock options |
| 10/24/2029 | Expiration date of some stock options |
| 10/29/2030 | Expiration date of some stock options |
| 10/28/2031 | Expiration date of some stock options |
| 10/27/2032 | Expiration date of some stock options |
| 10/26/2033 | Expiration date of some stock options |
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