TECH.NASDAQBio-techne CORP

Form 4: Bio-Techne Corp Director Joseph D. Keegan Reports Acquisition of Common Stock and Stock Options

Sentiment:

SEC Form 4


Director Joseph D. Keegan reports acquiring common stock and stock options in Bio-Techne Corp on October 24, 2024.

Summary

  • On October 24, 2024, Joseph D. Keegan, a director of Bio-Techne Corp, reported acquiring 1,462 shares of common stock at $0 price.
  • Following this transaction, Keegan directly owns 13,771 shares of common stock.
  • Keegan also acquired 3,511 stock options with an exercise price of $68.37, exercisable starting October 24, 2024, and expiring on October 24, 2034.
  • The vesting of these options occurs on the earlier of the one-year anniversary of the grant date or the date of Bio-Techne's 2025 annual meeting of shareholders.
  • Keegan also holds various other stock options with different exercise prices and expiration dates.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock and option acquisitions by a company director. The acquisition itself could be seen as a slightly positive signal.

Positives

  • The director's acquisition of shares and options may signal confidence in the company's future prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders.

Stakeholder Impact

  • The director's stock acquisition could positively influence shareholder sentiment.

Key Dates

DateDescription
10/25/2018Date exercisable for some stock options with an exercise price of $31.26, expiring 10/26/2027
10/24/2019Date exercisable for some stock options with an exercise price of $44.96, expiring 10/25/2028
10/24/2020Date exercisable for some stock options with an exercise price of $50.41, expiring 10/24/2029
10/28/2021Date exercisable for some stock options with an exercise price of $63.92, expiring 10/29/2030
10/27/2022Date exercisable for some stock options with an exercise price of $128.81, expiring 10/28/2031
10/26/2023Date exercisable for some stock options with an exercise price of $73.94, expiring 10/27/2032
10/24/2024Date of transaction and grant date for new stock options with an exercise price of $68.37, expiring 10/24/2034
10/28/2024Date of filing

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