BioLife (BLFS) CMO Todd Berard Withholds 470 Shares for Taxes

What Happened Todd Berard, Chief Marketing Officer of BioLife Solutions (BLFS), had 470 shares withheld on 2026-09-18 to satisfy tax withholding obligations arising from the release of restricted stock units (RSUs). The withheld shares were valued at $36.69 each, totaling approximately $17,244. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date: 2026-09-18; per-share amount: $36.69; total value: ~$17,244.
• Transaction code: F (shares withheld to satisfy tax withholding). Footnote: represents shares withheld by the issuer to cover tax withholding on RSU release.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Filing date / timeliness: Form filed 2026-09-22; no late filing flag indicated in the provided data.

Context Share withholding to cover taxes on vested RSUs is a common administrative action and differs from an open-market sale — it does not necessarily signal a trading decision or change in insider sentiment. For retail investors, purchases or open-market sales typically provide clearer signals than routine tax-withholding dispositions.