Form 4: BioLife Solutions Chief HR Officer Sells Shares for Tax Obligations Under Pre-Arranged Plan

BioLife Solutions' Chief Human Resources Officer, Sarah Aebersold, sold 217 shares of common stock for $22.46 per share on May 28, 2025, to cover tax withholding obligations related to restricted stock vesting, as part of a pre-established 10b5-1 trading plan.

Summary

• Sarah Aebersold, Chief Human Resources Officer of BioLife Solutions Inc. (BLFS), reported a sale of common stock.
• The transaction occurred on May 28, 2025.
• A total of 217 shares were disposed of at a price of $22.46 per share.
• The sale was executed under a Rule 10b5-1(c) trading plan, which was adopted on February 24, 2022.
• The purpose of the sale was to satisfy tax withholding obligations associated with the vesting of restricted stock.
• Following this transaction, Sarah Aebersold beneficially owns 79,667 shares of BioLife Solutions common stock.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary sale for tax purposes under a pre-arranged plan, which typically has a neutral impact on sentiment.

Future Outlook

NA

Management Comments

• The sale reported herein was made pursuant to a Rule 10b5-1 (c) trading plan adopted by the reporting person effective as of 02-24-2022 to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock.

Industry Context

NA

Stakeholder Impact

• The sale of a small number of shares by an executive for tax purposes is unlikely to have a significant direct impact on shareholders, employees, customers, suppliers, or creditors.
• The transaction is a standard part of executive compensation and tax management.

Key Dates

Recommendation

Keywords

BioLife Solutions, BLFS, Form 4, Insider Trading, Stock Sale, Rule 10b5-1, Tax Withholding, Restricted Stock, Sarah Aebersold, Chief Human Resources Officer