4Filed Sep 1, 8:00 PM ET
BioAtla CFO Christian Vasquez Withheld 71 Shares for Taxes
$BCAB · BioAtla, Inc.Research Summary
AI-generated summary of this SEC filing
BioAtla CFO Christian Vasquez Withheld 71 Shares for Taxes
What Happened
- Christian Vasquez, Chief Financial Officer of BioAtla, had 71 shares (disposed) withheld by the company to satisfy income tax and withholding obligations related to the vesting/net settlement of previously reported restricted stock units (RSUs). The per-share value reported was $1.69, for an aggregate value of approximately $120. This was a withholding for taxes—not an open-market sale.
Key Details
- Transaction date: 2026-08-31; Filing date: 2026-09-02.
- Reported transaction: 71 shares withheld at $1.69 per share (total ≈ $120).
- Transaction code: F (payment of exercise price or tax liability / tax withholding).
- Footnote F1: Confirms this was not a sale by the reporting person but shares withheld by the issuer to cover tax withholding on vested/net-settled RSUs.
- Footnote F2: Notes the reporting consolidates shares that include purchases under the issuer’s Employee Stock Purchase Plan (ESPP).
- Shares owned after the transaction: not specified in the provided summary.
Context
- This is a routine tax-withholding event tied to RSU vesting (a net settlement) rather than an indication of a deliberate sale or buy decision by the insider. Such withholdings are common and generally not interpreted as a market sentiment signal.