Form 4: BioLife Solutions CFO Sells Shares for Tax Obligations

BioLife Solutions CFO Troy Wichterman sold 584 shares of common stock for $26.74 per share to cover tax withholding obligations.

Summary

• Troy Wichterman, Chief Financial Officer of BioLife Solutions Inc. (BLFS), reported a sale of common stock.
• The transaction involved the disposition of 584 shares of BLFS common stock.
• The shares were sold at a price of $26.74 per share on November 25, 2025.
• The sale was executed pursuant to a Rule 10b5-1(c) trading plan, which was adopted by Mr. Wichterman on February 24, 2022.
• The purpose of the sale was to satisfy tax withholding obligations related to the vesting of restricted stock.
• Following this transaction, Mr. Wichterman beneficially owns 182,769 shares of BioLife Solutions common stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine, pre-planned insider stock sale for tax withholding purposes, which is a neutral event and does not indicate any change in company fundamentals or management's view of the company's prospects.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing reports a routine insider transaction and does not provide information relevant to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary sale for tax purposes by an insider, not indicative of a change in confidence or company performance.

Key Dates

Recommendation

The reported transaction is a routine, pre-scheduled sale by an insider to cover tax obligations, as disclosed in a Rule 10b5-1 plan. This type of transaction is non-discretionary and does not typically reflect a change in the insider's view of the company's prospects or fundamental value. Therefore, it provides no new information that would warrant a change in investment recommendation.

Keywords

BioLife Solutions, BLFS, Troy Wichterman, Form 4, Insider Trading, Stock Sale, CFO, Tax Withholding, Rule 10b5-1