Werner Sean 4
Research Summary
AI-generated summary
BioLife (BLFS) CTO Sean Werner Receives 24,116-Share Award
What Happened
- Sean Werner, Chief Technology Officer of BioLife Solutions, was granted 24,116 restricted shares (transaction code A) on 2026-02-24 as part of his 2026 compensation. No purchase price is reported (award), so no cash changed hands and no immediate market value is realized in the filing.
- The award is subject to vesting: 25% vests on the first anniversary of the grant date and the remaining 75% vests quarterly in 12 equal installments thereafter, under the BioLife Solutions 2023 Omnibus Performance Incentive Plan.
Key Details
- Transaction date: 2026-02-24; Filing date: 2026-02-26 (filed within the standard two-business-day window).
- Shares granted: 24,116 restricted shares; price: N/A (award).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: Grant governed by the 2023 Omnibus Performance Incentive Plan; vests 25% at year one, then quarterly in 12 equal installments; granted as part of 2026 compensation.
- Transaction type: Award/Grant (code A), not a market purchase or sale.
Context
- Restricted stock awards are common executive compensation designed to retain and align management; these shares are subject to vesting and generally are not immediately tradable until vested.
- Awards are not direct buy/sell signals about the insider’s market view — they reflect compensation decisions by the company.