BIO-TECHNE Corp·4

Apr 7, 4:59 PM ET

Bohnen Shane 4

4 · BIO-TECHNE Corp · Filed Apr 7, 2026

Research Summary

AI-generated summary of this filing

Updated

Bio-Techne SVP Shane Bohnen Receives 2,259 RSUs; 740 Withheld

What Happened

  • Shane Bohnen, SVP and General Counsel of Bio‑Techne (TECH), had 2,259 restricted stock units vest on April 3, 2026 (reported Apr 7, 2026). Of those shares, 740 were withheld to cover tax withholding at $53.13 per share (total value $39,316). The filing shows the vesting/conversion (transaction code M) and the tax withholding (transaction code F).

Key Details

  • Transaction dates: vesting/conversion and withholding occurred 2026-04-03; Form 4 filed 2026-04-07 (timely).
  • Prices and values: withheld 740 shares at $53.13 = $39,316. The RSUs converted/vested at $0 on the form (typical reporting for RSU vesting/conversion); the economic value is implied by the market price used for withholding.
  • Net new shares received: 2,259 vested − 740 withheld = 1,519 shares retained by Bohnen.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Relevant footnote: F5 indicates "2,259 restricted stock units vest on 4/3/2026." Transaction codes: M = exercise/conversion of derivative (here, RSU vesting/conversion); F = payment of exercise price or tax liability (withholding).
  • No indication of a 10b5‑1 plan, gift, or open‑market sale in this filing.

Context

  • This was a routine vesting of RSUs with shares withheld to satisfy tax obligations (a common cashless withholding). That withholding is not an open‑market sale signaling a deliberate sell decision; it’s to cover taxes. The filing appears timely under Form 4 rules.

Insider Transaction Report

Form 4
Period: 2026-04-03
Bohnen Shane
SVP - General Counsel
Transactions
  • Exercise/Conversion

    Common Stock

    2026-04-03+2,2596,644 total
  • Tax Payment

    Common Stock

    2026-04-03$53.13/sh740$39,3165,904 total
  • Exercise/Conversion

    Restricted Stock Units

    [F4][F5]
    2026-04-032,2590 total
    Common Stock (2,259 underlying)
Holdings
  • Stock Option (Right to Buy)

    [F1]
    Exercise: $47.60Exp: 2026-08-07Common Stock (8,848 underlying)
    8,848
  • Stock Option (Right to Buy)

    [F1]
    Exercise: $66.97Exp: 2027-08-05Common Stock (8,944 underlying)
    8,944
  • Stock Option (Right to Buy)

    [F1]
    Exercise: $120.46Exp: 2028-08-06Common Stock (3,460 underlying)
    3,460
  • Stock Option (Right to Buy)

    [F2]
    Exercise: $94.52Exp: 2029-08-15Common Stock (3,508 underlying)
    3,508
  • Stock Option (Right to Buy)

    [F3]
    Exercise: $73.76Exp: 2030-04-03Common Stock (3,928 underlying)
    3,928
  • Stock Option (Right to Buy)

    [F6]
    Exercise: $84.61Exp: 2030-08-15Common Stock (16,302 underlying)
    16,302
  • Restricted Stock Units

    [F4][F7]
    Common Stock (49 underlying)
    49
  • Performance Restricted Stock Units

    [F4][F8]
    Common Stock (4,802 underlying)
    4,802
  • Performance Stock Option (Right to Buy)

    [F8]
    Exercise: $84.61Common Stock (12,924 underlying)
    12,924
  • Performance Restricted Stock Units

    [F4][F9]
    Common Stock (10,012 underlying)
    10,012
  • Restricted Stock Units

    [F4][F10]
    Common Stock (3,338 underlying)
    3,338
  • Stock Option (Right to Buy)

    [F11]
    Exercise: $74.91Exp: 2034-08-15Common Stock (13,488 underlying)
    13,488
  • Performance Restricted Stock Units

    [F4][F12]
    Common Stock (13,992 underlying)
    13,992
  • Restricted Stock Units

    [F4][F13]
    Common Stock (6,996 underlying)
    6,996
  • Stock Option (Right to Buy)

    [F14]
    Exercise: $53.60Exp: 2035-08-15Common Stock (17,897 underlying)
    17,897
Footnotes (14)
  • [F1]Fully exercisable.
  • [F10]1,669 restricted stock units vest on each of 8/15/2026 and 8/15/2027.
  • [F11]Options to purchase 3,372 shares vest on each of 8/15/2025, 8/15/2026, 8/15/2027 and 8/15/2028.
  • [F12]Vests in full or in part on 8/15/2028 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
  • [F13]2,332 restricted stock units vest on each of 8/15/2026, 8/15/2027 and 8/15/2028.
  • [F14]Options to purchase 5,966 shares vest on each of 8/15/2026 and 8/15/2027, and options to purchase 5,965 shares vest on 8/15/2028.
  • [F2]Options to purchase 876 shares vest on each of 8/15/2023, 8/15/2025 and 8/15/2026, and options to purchase 880 shares vest on 8/15/2024.
  • [F3]Options to purchase 982 shares vest on each of 4/3/2024, 4/3/2025, 4/3/2026 and 4/3/2027.
  • [F4]Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
  • [F5]2,259 restricted stock units vest on 4/3/2026.
  • [F6]Options to purchase 4,076 shares vest on 8/15/2024 and 8/15/2026, and options to purchase 4,075 shares vest on 8/15/2025 and 8/15/2027.
  • [F7]49 restricted stock units vest on 8/15/2026.
  • [F8]Vests in full or in part on 8/15/2026 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
  • [F9]Vests in full or in part on 8/15/2027 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
Signature
/s/ Shane Bohnen|2026-04-07

Documents

2 files
  • 4
    form4.xmlPrimary

    STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

  • EX-24

    POWER OF ATTORNEY