Vasquez Christian 4
4 · BioAtla, Inc. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
BioAtla (BCAB) CFO Christian Vasquez — Shares Withheld for Taxes
What Happened
Christian Vasquez, Chief Financial Officer of BioAtla, had 1,802 shares withheld by the company on 2026-02-28 to satisfy tax withholding obligations tied to the vesting and net settlement of previously granted restricted stock units (RSUs). The withholding was recorded at $0.25 per share for a total of $445. This is a tax-withholding/net settlement event (code F), not an open-market sale by the insider.
Key Details
- Transaction date: 2026-02-28; Form 4 filed: 2026-03-02 (Accession 0001193125-26-085970).
- Shares withheld/disposed: 1,802 shares at $0.25 per share; total value $445.
- Transaction code: F (shares withheld to satisfy tax withholding in connection with RSU vesting).
- Footnote: The shares were withheld by the issuer to cover income tax and withholding obligations related to the net settlement of previously reported RSUs — not a sale initiated by the reporting person.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Filing timeliness: Filed within days of the transaction; appears timely.
Context
This is a routine tax-withholding/net-settlement action common when RSUs vest and does not indicate a voluntary sale or a change in insider sentiment. For investors tracking insider activity, purchases or open-market sales are generally more informative than withholding transactions, which are administrative.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-28$0.25/sh−1,802$445→ 290,196 total
Footnotes (1)
- [F1]This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the vesting and net settlement of previously reported restricted stock units.