Form 4: BioLife Solutions CFO Sells Shares for Tax Obligations

BioLife Solutions' Chief Financial Officer, Troy Wichterman, sold 1,033 shares of common stock 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 1,033 shares of BLFS common stock.
• The sale occurred on December 9, 2025, at a price of $25.13 per share.
• The total value of the shares sold was approximately $25,964.29 (1,033 shares * $25.13/share).
• Following this transaction, Mr. Wichterman beneficially owns 151,736 shares of common stock directly.
• The sale was executed under a Rule 10b5-1(c) trading plan, which was adopted on March 8, 2024.
• The primary purpose of the sale was to satisfy tax withholding obligations in connection with the vesting of restricted stock.

Sentiment

Score: 5

Explanation: The transaction is a routine, pre-planned sale by an insider to cover tax obligations, which is a neutral event and does not reflect a change in sentiment towards the company's prospects.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, pre-planned sale for tax purposes by an executive, not indicative of a change in company fundamentals or management's long-term view.
• No direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

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