=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-07-28
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: BIO-TECHNE Corp (TECH)
CIK: 0000842023
--- Reporting Owner ---
Name: Kelderman Kim
CIK: 0001739054
Role: Director, Officer (Chief Executive Officer)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-07-28 | Code: M (Exercise of derivative)
Shares: +35,000 | Price: $47.60
Total Value: $1,666,000.00
Shares Owned After: 100,799 | Ownership: D (Direct)
[Transaction #2]
Security: Common Stock
Date: 2026-07-28 | Code: F (Payment of exercise/tax)
Shares: -28,686 | Price: $72.07
Total Value: $2,067,400.02
Shares Owned After: 72,113 | Ownership: D (Direct)
--- Derivative Transactions ---
[Transaction #1]
Security: Stock Option (Right to Buy)
Date: 2026-07-28 | Code: M (Exercise of derivative)
Shares: -35,000 | Price: $0.00
Exercisable: N/A | Expires: 2026-08-07
Shares Owned After: 0 | Ownership: D (Direct)
Footnotes:
[F1] Fully exercisable.
--- Holdings ---
[Holding #1]
Security: Stock Option (Right to Buy)
Ownership: D (Direct)
Footnotes:
[F1] Fully exercisable.
[Holding #2]
Security: Stock Option (Right to Buy)
Ownership: D (Direct)
Footnotes:
[F1] Fully exercisable.
[Holding #3]
Security: Stock Options (Right to Buy)
Ownership: D (Direct)
Footnotes:
[F1] Fully exercisable.
[Holding #4]
Security: Performance Restricted Stock Units
Ownership: D (Direct)
Footnotes:
[F2] Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
[F3] 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).
[F3] 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).
[Holding #5]
Security: Performance Stock Options (Right to Buy)
Ownership: D (Direct)
Footnotes:
[F3] 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).
[Holding #6]
Security: Stock Options (Right to Buy)
Ownership: D (Direct)
Footnotes:
[F4] Options to purchase 7,348 shares vest on each of 8/15/2024, 8/15/2025 and 8/15/2027 and options to purchase 7,347 shares vest on 8/15/2026.
[Holding #7]
Security: Stock Options (Right to Buy)
Ownership: D (Direct)
Footnotes:
[F5] Options to purchase 9,563 shares vest on each of 11/1/2024, 11/1/2025, 11/1/2026 and 11/1/2027.
[Holding #8]
Security: Performance Restricted Stock Units
Ownership: D (Direct)
Footnotes:
[F2] Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
[F3] 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).
[F3] 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).
[Holding #9]
Security: Performance Stock Options (Right to Buy)
Ownership: D (Direct)
Footnotes:
[F3] 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).
[Holding #10]
Security: Stock Options (Right to Buy)
Ownership: D (Direct)
Footnotes:
[F6] Options to purchase 12,973 shares vest on each of 2/1/2025 and 2/1/2027, and options to purchase 12,972 shares vest on each of 2/1/2026 and 2/1/2028.
[Holding #11]
Security: Performance Restricted Stock Units
Ownership: D (Direct)
Footnotes:
[F2] Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
[F7] 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).
[F7] 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).
[Holding #12]
Security: Restricted Stock Units
Ownership: D (Direct)
Footnotes:
[F2] Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
[F8] 8,543 restricted stock units vest on 8/15/2026, and 8,544 restricted stock units vest on 8/15/2027.
[F8] 8,543 restricted stock units vest on 8/15/2026, and 8,544 restricted stock units vest on 8/15/2027.
[Holding #13]
Security: Stock Options (Right to Buy)
Ownership: D (Direct)
Footnotes:
[F9] Options to purchase 17,265 shares vest on each of 8/15/2025, 8/15/2026 and 8/15/2027, and options to purchase 17,266 shares vest on 8/15/2028.
[Holding #14]
Security: Performance Restricted Stock Units
Ownership: D (Direct)
Footnotes:
[F2] Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
[F10] Vests in full or in part on 8/15/2028 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
[F10] Vests in full or in part on 8/15/2028 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
[Holding #15]
Security: Restricted Stock Units
Ownership: D (Direct)
Footnotes:
[F2] Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
[F11] 11,785 restricted stock units vest on each of 8/15/2026 and 8/15/2027, and 11,784 restricted stock units vest on 8/15/2028.
[F11] 11,785 restricted stock units vest on each of 8/15/2026 and 8/15/2027, and 11,784 restricted stock units vest on 8/15/2028.
[Holding #16]
Security: Stock Options (Right to Buy)
Ownership: D (Direct)
Footnotes:
[F12] Options to purchase 30,147 shares vest on each of 8/15/2026, 8/15/2027 and 8/15/2028.
--- Footnotes (Complete Index) ---
F1: Fully exercisable.
F10: Vests in full or in part on 8/15/2028 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
F11: 11,785 restricted stock units vest on each of 8/15/2026 and 8/15/2027, and 11,784 restricted stock units vest on 8/15/2028.
F12: Options to purchase 30,147 shares vest on each of 8/15/2026, 8/15/2027 and 8/15/2028.
F2: Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
F3: 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).
F4: Options to purchase 7,348 shares vest on each of 8/15/2024, 8/15/2025 and 8/15/2027 and options to purchase 7,347 shares vest on 8/15/2026.
F5: Options to purchase 9,563 shares vest on each of 11/1/2024, 11/1/2025, 11/1/2026 and 11/1/2027.
F6: Options to purchase 12,973 shares vest on each of 2/1/2025 and 2/1/2027, and options to purchase 12,972 shares vest on each of 2/1/2026 and 2/1/2028.
F7: 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).
F8: 8,543 restricted stock units vest on 8/15/2026, and 8,544 restricted stock units vest on 8/15/2027.
F9: Options to purchase 17,265 shares vest on each of 8/15/2025, 8/15/2026 and 8/15/2027, and options to purchase 17,266 shares vest on 8/15/2028.
--- Signature ---
/s/ /s/ Andrew Nick, Attorney-in-Fact for Kim Kelderman pursuant to Power of Attorney previously filed. (2026-07-30)