QuidelOrtho (QDEL) Chief Legal Officer logs RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QuidelOrtho Corp Chief Legal Officer reports equity award vesting and tax withholding. On February 8, 2026, Michelle A. Hodges had 3,198 restricted stock units convert into an equal number of common shares at a stated price of $0, increasing her directly held stake.
In connection with this vesting, 1,148 common shares were disposed of at $29.10 per share to cover tax withholding obligations, rather than being an open-market sale. After these transactions, Hodges directly owned 41,605 shares of QuidelOrtho common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,198 shares exercised/converted
Mixed
3 txns
Insider
Hodges Michelle A
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,198 | $0.00 | -- |
| Grant/Award | Common Stock | 3,198 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,148 | $29.10 | $33K |
Holdings After Transaction:
Restricted Stock Units — 3,198 shares (Direct);
Common Stock — 42,753 shares (Direct)
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. 3,197 shares vested on February 8, 2025; 3,198 shares vested on February 8, 2026; and the remaining 3,198 shares will vest on February 8, 2027.
FAQ
What insider transaction did QuidelOrtho (QDEL) report for Michelle A. Hodges?
QuidelOrtho reported that Chief Legal Officer Michelle A. Hodges had 3,198 restricted stock units vest into common shares. The filing also shows related share withholding for taxes, reflecting routine equity compensation rather than discretionary share purchases or open-market sales.
How many QuidelOrtho (QDEL) RSUs vested for Michelle A. Hodges on February 8, 2026?
On February 8, 2026, 3,198 restricted stock units vested for Michelle A. Hodges. Each unit represents one share of QuidelOrtho common stock, so 3,198 new shares were issued to her as part of the company’s equity compensation program.
What role does Michelle A. Hodges hold at QuidelOrtho (QDEL)?
Michelle A. Hodges serves as Chief Legal Officer at QuidelOrtho. Her Form 4 filing details equity compensation activity, including restricted stock units converting into common shares and related tax withholding, which is typical for senior executive compensation packages.
How do QuidelOrtho (QDEL) restricted stock units reported here work?
Each restricted stock unit represents the right to receive one share of QuidelOrtho common stock upon vesting. The filing notes past and future vesting dates, with installments vesting in 2025, 2026, and a remaining tranche scheduled to vest on February 8, 2027.