Form 4: Standard BioTools SVP Jeffrey G. Black Reports Stock Transactions
SEC Form 4 Filing
Jeffrey G. Black, SVP & Chief Financial Officer of Standard BioTools Inc., reports the vesting of restricted stock units and subsequent stock transactions.
Summary
- On May 15, 2024, Jeffrey G. Black, SVP & Chief Financial Officer of Standard BioTools Inc., reported transactions involving the company's common stock.
- These transactions included the vesting of 52,631 restricted stock units (RSUs).
- Shares were withheld to cover tax obligations arising from the vesting of these RSUs, totaling 18,779 shares at a price of $2.54.
- Following these transactions, Black directly owns 119,836 shares of common stock and 157,895 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, and does not inherently convey positive or negative sentiment.
Future Outlook
The remaining RSUs will vest in twelve equal quarterly installments after May 15, 2024.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies. It provides transparency to investors regarding insider activity.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 05/15/2023 | Reporting Person was granted 210,526 RSUs |
| 05/17/2023 | Original grant reported on Form 4 |
| 05/15/2024 | Vesting of 52,631 RSUs; Stock transactions occurred |
| 05/16/2024 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.