TECH.NASDAQBio-techne CORP

Form 4: Bio-Techne Director Amy E. Herr Reports Stock Option Exercise and Sale

Sentiment:

SEC Form 4


Director Amy E. Herr reports exercising stock options and selling shares of Bio-Techne Corp, along with details of her direct and indirect holdings.

Summary

  • On February 14, 2025, Amy E. Herr, a director of Bio-Techne Corp, executed transactions involving the company's stock.
  • Herr exercised stock options to acquire 1,976 shares of common stock at a price of $44.33 per share.
  • Simultaneously, she sold 1,860 shares of common stock at $65.9627 per share.
  • Following these transactions, Herr directly owns 1,040 shares and indirectly owns 1,976 shares through a significant other.
  • Herr also holds various stock options and restricted stock units, vesting at different dates and prices, indirectly through a significant other.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard insider trading disclosure. The transactions themselves don't necessarily indicate a positive or negative outlook for the company.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key individuals within the company.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies and their insiders, ensuring compliance with SEC regulations.
  • The reported transactions are typical for executives who receive stock options as part of their compensation packages.
  • Comparable companies like Thermo Fisher Scientific or Danaher also have similar insider trading disclosures.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders as they provide insight into the director's perspective on the company's stock value.
  • The impact on employees, customers, suppliers, and creditors is likely negligible.

Key Dates

DateDescription
02/03/2025Date of stock option grant with exercise price of $72.05
02/14/2025Date of transaction: stock option exercise and sale of shares
08/08/2025Expiration date for stock options with exercise price of $44.33
08/07/2026Expiration date for stock options with exercise price of $47.6
08/05/2027Expiration date for stock options with exercise price of $66.97
08/06/2028Expiration date for stock options with exercise price of $120.46
08/15/2029Expiration date for stock options with exercise price of $94.52
08/15/2030Expiration date for stock options with exercise price of $84.61
08/15/2034Expiration date for stock options with exercise price of $74.91
02/03/2035Expiration date for stock options with exercise price of $72.05
02/18/2025Date of filing

Keywords

Form 4, BIO-TECHNE Corp, Stock Options, Insider Trading, Amy E. Herr, Director, TECH, Securities

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