QuidelOrtho (QDEL) CFO nets stock from RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QuidelOrtho Corporation’s Chief Financial Officer Joseph M. Busky reported routine equity compensation activity. On January 29, 2026, 8,425 restricted stock units vested, converting into the same number of shares of common stock at $0 per share. To cover related tax withholding, 2,602 shares were withheld at $27.41 per share rather than sold in the open market.
After these transactions, Busky directly holds 37,250 shares of QuidelOrtho common stock and 16,851 restricted stock units. An additional 6,920 shares are held indirectly by a trust. The remaining RSUs are scheduled to vest in equal portions in 2027 and 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,425 shares exercised/converted
Mixed
4 txns
Insider
Busky Joseph M.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,425 | $0.00 | -- |
| Grant/Award | Common Stock | 8,425 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,602 | $27.41 | $71K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 16,851 shares (Direct);
Common Stock — 39,852 shares (Direct);
Common Stock — 6,920 shares (Indirect, By Trust)
Footnotes (1)
- Reflects release of restricted stock units that were previously reported on a Form 4. Disposition of shares, as set forth above, was in connection with the Issuer's withholding of common shares to satisfy tax withholding obligations related to the issuance of common shares upon release of restricted stock units. Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock. 8,425 shares vested on January 29, 2026; 8,425 shares will vest on January 29, 2027; and the remaining 8,426 shares will vest on January 29, 2028.
FAQ
What insider transaction did QuidelOrtho (QDEL) disclose for its CFO?
QuidelOrtho (QDEL) disclosed that CFO Joseph M. Busky had 8,425 restricted stock units vest into common shares. In connection with this vesting, shares were withheld to satisfy tax obligations, a standard mechanism for handling employment-related equity compensation.
What is the remaining vesting schedule for the CFO’s QuidelOrtho (QDEL) RSUs?
The remaining RSUs vest in three annual installments: 8,425 shares vested on January 29, 2026; another 8,425 will vest on January 29, 2027; and 8,426 will vest on January 29, 2028, assuming continued satisfaction of the award’s vesting conditions.