Vasquez Christian 4
Research Summary
AI-generated summary
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.