Vasquez Christian 4

What Happened Christian Vasquez, Chief Financial Officer of BioAtla (BCAB), had a total of 257 shares withheld by the company to satisfy income tax and withholding obligations related to the vesting and net settlement of previously reported restricted stock units. The Form 4 reports two withholding events: 175 shares on 2026-03-11 at $0.17 each (cash value $30) and 82 shares on 2026-05-31 at $3.93 each (cash value $322). The filing notes these were withholdings to cover taxes (not open‑market sales).

Key Details

• Transaction dates and prices: 2026-03-11 — 175 shares withheld @ $0.17 each; 2026-05-31 — 82 shares withheld @ $3.93 each.
• Total shares withheld: 257 shares; total cash value reported ≈ $352.
• Filing notes: Footnote F1 — shares were withheld by the issuer to satisfy tax withholding on RSU vesting (not a sale). Footnote F2 — reported amounts have been adjusted for a 50-for-1 share consolidation effective April 6, 2026.
• Transaction code: F (tax withholding).
• Timeliness: The Form 4 was filed on 2026-06-05 reporting transactions from 2026-03-11 and 2026-05-31; this is later than the SEC’s typical two-business-day filing window.

Context These transactions reflect routine tax-withholding in connection with RSU vesting (a net settlement/cashless process), not discretionary open-market selling by the insider. Such withholdings are administrative and don’t necessarily indicate the insider’s market view.