Used as a fluorescent probe in cellular imaging to study phosphoinositide signaling pathways. The compound integrates into lipid membranes and allows real-time tracking of phosphatidylinositol 4,5-bisphosphate (PIP2) dynamics due to its bright fluorescence and environmental sensitivity. Its structure supports membrane anchoring while the BODIPY-based fluorophore provides high photostability and low photobleaching, making it ideal for confocal microscopy and live-cell imaging. Commonly applied in studies of membrane trafficking, signal transduction, and lipid-protein interactions.