| FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIESFiled pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 03/01/2026 |
3. Issuer Name and Ticker or Trading Symbol
BIO-TECHNE Corp [ TECH ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
|---|---|---|---|
| Common Stock | 5,894 | D |
| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
|---|---|---|---|---|---|---|---|
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Restricted Stock Units | (2) | (2) | Common Stock | 1,588 | (1) | D | |
| Restricted Stock Units | (3) | (3) | Common Stock | 1,800 | (1) | D | |
| Restricted Stock Units | (4) | (4) | Common Stock | 1,379 | (1) | D | |
| Restricted Stock Units | (5) | (5) | Common Stock | 3,737 | (1) | D | |
| Restricted Stock Units | (6) | (6) | Common Stock | 6,529 | (1) | D | |
| Stock Option (right to buy) | (7) | 04/01/2028 | Common Stock | 3,856 | 97.13 | D | |
| Stock Option (right to buy) | (7) | 08/06/2028 | Common Stock | 19,032 | 120.46 | D | |
| Stock Option (right to buy) | (8) | 08/15/2029 | Common Stock | 24,560 | 94.52 | D | |
| Stock Option (right to buy) | (9) | 08/15/2030 | Common Stock | 12,649 | 84.61 | D | |
| Stock Option (right to buy) | (10) | 05/01/2031 | Common Stock | 7,327 | 73.46 | D | |
| Stock Option (right to buy) | (11) | 08/15/2034 | Common Stock | 17,133 | 74.91 | D | |
| Stock Option (right to buy) | (12) | 06/02/2035 | Common Stock | 5,434 | 48.61 | D | |
| Stock Option (right to buy) | (13) | 08/15/2035 | Common Stock | 19,151 | 53.6 | D | |
| Explanation of Responses: |
| 1. Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock. |
| 2. 794 restricted stock units vest on 5/1/2026 and 5/1/2027. |
| 3. 600 restricted stock units vest on each of 6/2/2026, 6/2/2027 and 6/2/2028. |
| 4. 1,379 restricted stock units vest on 8/15/2026. |
| 5. 1,868 restricted stock units vest on 8/15/2026 and 1,869 restricted stock units vest on 8/15/2027. |
| 6. 2,176 restricted stock units vest on each of 8/15/2026 and 8/15/2028; and 2,177 restricted stock units vest on 8/15/2027. |
| 7. 100% vested. |
| 8. Options to purchase 6,140 shares vest on each of 8/15/2023, 8/15/2024, 8/15/2025 and 8/15/2026. |
| 9. Options to purchase 3,162 shares vest on each of 8/15/2024, 8/15/2026 and 8/15/2027; and options to purchase 3,163 shares vest on 8/15/2025. |
| 10. Options to purchase 1,832 shares vest on each of 5/1/2025, 5/1/2026 and 5/1/2028; and options to purchase 1,831 shares vest on 5/1/2027. |
| 11. Options to purchase 4,283 shares vest on each of 8/15/2025, 8/15/2027 and 8/15/2028; and options to purchase 4,284 shares vest on 8/15/2026. |
| 12. Options to purchase 1,359 shares vest on each of 6/2/2026 and 6/2/2028; and options to purchase 1,358 shares vest on each of 6/2/2027 and 6/2/2029. |
| 13. Options to purchase 4,788 shares vest on each of 8/15/2026, 8/15/2027 and 8/15/2029; and options to purchase 4,787 shares vest on 8/15/2028. |
| /s/ Andrew Nick as Attorney-in-Fact for Steven C. Crouse pursuant to Power of Attorney filed herewith. | 03/04/2026 | |
| ** Signature of Reporting Person | Date |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.