James Hippel - 29 Jul 2025 Form 4 Insider Report for BIO-TECHNE Corp (TECH)

Role
CFO
Signature
/s/ Andrew Nick as Attorney-in-Fact for James Hippel pursuant to Power of Attorney previously filed
Issuer symbol
TECH
Transactions as of
29 Jul 2025
Net transactions value
-$1,157,160
Form type
4
Filing time
31 Jul 2025, 16:28:09 UTC
Previous filing
05 Nov 2024
Next filing
19 Aug 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Hippel James CFO 614 MCKINLEY PLACE NE, MINNEAPOLIS /s/ Andrew Nick as Attorney-in-Fact for James Hippel pursuant to Power of Attorney previously filed 31 Jul 2025 0001603594

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TECH Common Stock Options Exercise $7,474,925 +168,620 +158% $44.33 275,230 29 Jul 2025 Direct
transaction TECH Common Stock Tax liability $8,632,085 -147,431 -54% $58.55 127,799 29 Jul 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TECH Stock Options (Right to Buy) Options Exercise $0 -168,620 -100% $0.000000 0 29 Jul 2025 Common Stock 168,620 $44.33 Direct F1
holding TECH Stock Options (Right to Buy) 186,068 29 Jul 2025 Common Stock 186,068 $47.60 Direct F1
holding TECH Stock Options (Right to Buy) 167,328 29 Jul 2025 Common Stock 167,328 $66.97 Direct F1
holding TECH Stock Options (Right to Buy) 40,536 29 Jul 2025 Common Stock 40,536 $120.46 Direct F2
holding TECH Performance Restricted Stock Units 10,912 29 Jul 2025 Common Stock 10,912 Direct F3, F4
holding TECH Performance Stock Options (Right to Buy) 33,916 29 Jul 2025 Common Stock 33,916 $94.52 Direct F4
holding TECH Stock Options (Right to Buy) 45,220 29 Jul 2025 Common Stock 45,220 $94.52 Direct F5
holding TECH Performance Restricted Stock Units 13,865 29 Jul 2025 Common Stock 13,865 Direct F3, F6
holding TECH Performance Stock Options (Right to Buy) 37,314 29 Jul 2025 Common Stock 37,314 $84.61 Direct F6
holding TECH Stock Options (Right to Buy) 45,923 29 Jul 2025 Common Stock 45,923 $84.61 Direct F7
holding TECH Restricted Stock Units 13,159 29 Jul 2025 Common Stock 13,159 Direct F3, F8
holding TECH Performance Restricted Stock Units 24,062 29 Jul 2025 Common Stock 24,062 Direct F3, F9
holding TECH Restricted Stock Units 12,031 29 Jul 2025 Common Stock 12,031 Direct F3, F10
holding TECH Stock Options (Right to Buy) 32,417 29 Jul 2025 Common Stock 32,417 $74.91 Direct F11
holding TECH Restricted Stock Units 34,634 29 Jul 2025 Common Stock 34,634 Direct F3, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Fully exercisable.
F2 Options to purchase 10,134 shares vest on each of 8/6/2022, 8/6/2023, 8/6/2024 and 8/6/2025.
F3 Each restricted stock unit represents a contingent right to receive one share of Bio-Techne Corporation common stock.
F4 Vests in full or in part on 8/15/2025 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
F5 Options to purchase 11,305 shares vest on each of 8/15/2023, 8/15/2024, 8/15/2025 and 8/15/2026.
F6 Vests in full or in part on 8/15/2026 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
F7 Options to purchase 11,481 shares vest on each of 8/15/2024, 8/15/2025 and 8/15/2027, and options to purchase 11,480 shares vest on 8/15/2026.
F8 13,159 restricted stock units vest on 11/1/2025.
F9 Vests in full or in part on 8/15/2027 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
F10 4,010 restricted stock units vest on each of 8/15/2025 and 8/15/2026, and 4,011 restricted stock units vest on 8/15/2027.
F11 Options to purchase 8,104 shares vest on each of 8/15/2025, 8/15/2026 and 8/15/2027, and options to purchase 8,105 shares vest on 8/15/2028.
F12 11,545 restricted stock units vest on each of 11/1/2025 and 11/1/2026; and 11,544 restricted stock units vest on 11/1/2027.