Form 4: Standard Biotools CFO Hanjoon Alex Kim Reports Stock Transactions
SEC Form 4 Filing
Hanjoon Alex Kim, CFO of Standard Biotools Inc., reports the vesting of restricted stock units and subsequent stock transactions to cover tax obligations.
Summary
- On April 4, 2025, Hanjoon Alex Kim, the CFO of Standard Biotools Inc., reported transactions involving the company's common stock.
- Kim acquired 70,183 shares of common stock upon the vesting of restricted stock units (RSUs).
- Simultaneously, 21,441 shares were withheld to satisfy tax obligations related to the vesting of these RSUs at a price of $1.07.
- Following these transactions, Kim directly owns 940,840 shares of Standard Biotools Inc.
- The RSUs were granted on April 4, 2022, and vest in four equal annual installments starting April 4, 2023.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CFO's stock-based compensation and related tax obligations.
Stakeholder Impact
- The transactions have a minor impact on the total outstanding shares of the company.
Key Dates
| Date | Description |
|---|---|
| 04/04/2022 | Reporting Person was granted 280,732 RSUs |
| 04/06/2022 | Original Form 4 filing date for RSU grant |
| 04/04/2023 | First vesting date of RSUs |
| 04/04/2025 | Date of reported transactions: RSU vesting and tax withholding |
| 04/08/2025 | Date of Form 4 signature |
Keywords
Form 4, Standard Biotools, LAB, Hanjoon Alex Kim, CFO, Stock Transactions, Restricted Stock Units, RSUs, Beneficial Ownership
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