Foster Karen A. 4
4 · BIOLIFE SOLUTIONS INC · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
BioLife (BLFS) Chief Quality & Ops Officer Karen Foster Sells Shares
What Happened
Karen A. Foster, Chief Quality and Operations Officer at BioLife Solutions, reported open‑market sales of company stock. On March 5, 2026 she sold 96,923 shares for aggregate proceeds of $1,952,998 (weighted average price shown). On March 9, 2026 she sold an additional 500 shares for $10,000. Both transactions are recorded as sales (dispositions).
Key Details
- Transaction dates and amounts:
- 2026-03-05: 96,923 shares; reported weighted avg price $20.15; proceeds $1,952,998. (Footnote F1: actual sale prices ranged $20.00–$20.46.)
- 2026-03-09: 500 shares; reported price $20.00; proceeds $10,000. (Footnote F2: actual sale prices ranged $20.00–$20.02.)
- Total shares sold: 97,423; total reported proceeds ≈ $1,962,998.
- Filing: Form 4 was filed with the SEC on March 9, 2026.
- Shares owned after transaction: not disclosed in the provided filing summary.
- Footnotes: Both items note the reported prices are weighted averages and that the seller can provide a breakdown of how many shares were sold at each price in the stated ranges.
Context
These were open‑market sales (dispositions). Sales by executives can be routine (e.g., for diversification or liquidity) and do not by themselves indicate the company’s outlook; purchases tend to be more directly interpreted as bullish. The filing includes weighted‑average price ranges (see F1, F2), and no additional details (e.g., 10b5‑1 plan or tax withholding) were provided in the summary.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-03-05$20.15/sh−96,923$1,952,998→ 113,742 total - Sale
Common Stock
[F2]2026-03-09$20.00/sh−500$10,000→ 113,242 total
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.46, inclusive. The reporting person undertakes to provide to the registrant, any security holder of the registrant, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.02, inclusive. The reporting person undertakes to provide to the registrant, any security holder of the registrant, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.