Form 4: Bio-Rad Laboratories Executive Chris Vazquez Reports Stock Sales to Cover Taxes on Vesting RSUs
SEC Form 4 Filing
Chris Vazquez, Chief Accounting Officer of Bio-Rad Laboratories (BDSX), reported the sale of common stock to cover taxes upon the vesting of restricted stock units (RSUs).
Summary
- Chris Vazquez, the Chief Accounting Officer of BIODESIX INC (BDSX), filed a Form 4 detailing changes in beneficial ownership.
- On May 9, 2025, Vazquez acquired 602 shares of common stock through the vesting of restricted stock units (RSUs).
- Vazquez sold 112 shares on May 12, 2025, at a weighted average price of $0.3594 to cover taxes upon the vesting of RSUs.
- An additional 112 shares were sold on May 13, 2025, at a weighted average price of $0.3529 for the same purpose.
- Following these transactions, Vazquez directly owns 18,001 shares of common stock and 1,805 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The stock sales may have a minor dilutive effect on existing shareholders, but the impact is likely minimal given the small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 02/08/2022 | Date from which RSUs vest in quarterly installments. |
| 05/09/2025 | Acquisition of 602 shares through RSU vesting. |
| 05/12/2025 | Sale of 112 shares at $0.3594 average price. |
| 05/13/2025 | Sale of 112 shares at $0.3529 average price. |
Keywords
Form 4, Beneficial Ownership, BIODESIX INC, BDSX, Chris Vazquez, Restricted Stock Units, RSU, Stock Sale, Tax Withholding
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