Todd Berard, Chief Marketing Officer of BioLife Solutions Inc, filed a Form 4 on September 10, 2026, disclosing a disposition of 356 shares of common stock on September 8, 2026, to satisfy tax withholding obligations tied to the release of restricted stock units.

Key Highlights

  • Reporting person: Todd Berard, Chief Marketing Officer of BioLife Solutions Inc (NASDAQ:BLFS)
  • Transaction date: September 8, 2026
  • Shares disposed: 356 shares of common stock, transaction code F, at $35.38 per share
  • Purpose: Shares withheld by the issuer to satisfy tax withholding obligations arising upon the release of restricted stock units
  • Resulting beneficial ownership: 162,293 shares of common stock held directly following the transaction

BioLife Solutions CMO's RSU-Related Share Withholding Details

According to the filing, Todd Berard, who serves as Chief Marketing Officer of BioLife Solutions Inc, reported a single non-derivative transaction on September 8, 2026. The transaction was coded "F," which under SEC Form 4 instructions denotes shares withheld for payment of exercise or other fees. The filing's footnote clarifies that the 356 shares represent "the number of shares withheld by the Issuer to satisfy tax withholding obligations of the reporting person that arose upon the release of restricted stock units."

The 356 shares were disposed of at a price of $35.38 per share and are recorded as a direct disposition. The filing does not indicate any open-market sale. Following the reported transaction, the filing states that Berard directly holds 162,293 shares of BioLife Solutions common stock. No derivative securities transactions were reported in Table II of the form.

The Form 4 was filed by one reporting person and signed by Todd Berard on September 10, 2026. The filing does not reference a Rule 10b5-1 trading plan in connection with this transaction.

What Was Disclosed

BioLife Solutions CMO Todd Berard disclosed a disposition of 356 common shares on September 8, 2026, at $35.38 per share, withheld by the issuer for RSU-related tax obligations, leaving him with 162,293 directly held shares.