BioAtla, Inc.·4

Mar 2, 6:14 PM ET

Vasquez Christian 4

Research Summary

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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.