QuidelOrtho (QDEL) director gains 6,829 shares as RSUs vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QuidelOrtho Corp director John R. Chiminski reported routine equity compensation activity. On May 29, 2026, restricted stock units vested and were converted into 6,829 shares of Common Stock, reflecting a previously reported award.
Each restricted stock unit represented one share of QuidelOrtho common stock, and the units vested on May 29, 2026. After this grant and corresponding RSU release, Chiminski directly holds 9,352 shares of QuidelOrtho Common Stock, with no remaining position reported in the related RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,829 shares exercised/converted
Mixed
2 txns
Insider
Chiminski John R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (Equity Grant) | 6,829 | $0.00 | -- |
| Grant/Award | Common Stock | 6,829 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (Equity Grant) — 0 shares (Direct, null);
Common Stock — 9,352 shares (Direct, null)
Footnotes (1)
- Reflects release of restricted stock units that were previously reported on a Form 4. Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock. The restricted stock units vested on May 29, 2026.
Key Figures
RSUs vested: 6,829 units
Shares acquired: 6,829 shares
Post-transaction holdings: 9,352 shares
+1 more
4 metrics
RSUs vested
6,829 units
Restricted stock units vested on May 29, 2026
Shares acquired
6,829 shares
Common Stock received from RSU conversion
Post-transaction holdings
9,352 shares
Common Stock directly owned after transactions
Exercise price
$0.0000 per unit
Conversion price for restricted stock units
Key Terms
Restricted Stock Units, derivative security, Form 4
3 terms
Restricted Stock Units financial
"Reflects release of restricted stock units that were previously reported on a Form 4."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Form 4 regulatory
"Reflects release of restricted stock units that were previously reported on a Form 4."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did QuidelOrtho (QDEL) director John R. Chiminski report?
John R. Chiminski reported equity compensation activity involving restricted stock units. On May 29, 2026, 6,829 restricted stock units vested and converted into 6,829 shares of QuidelOrtho Common Stock, increasing his direct share holdings.
What are the post-transaction QuidelOrtho (QDEL) holdings for John R. Chiminski?
Following the RSU vesting and share issuance, John R. Chiminski directly holds 9,352 shares of QuidelOrtho Common Stock. The related restricted stock units were fully released, leaving no remaining balance reported for that derivative position.
How were the restricted stock units in QuidelOrtho (QDEL) Form 4 structured?
Each restricted stock unit represented the right to receive one share of QuidelOrtho common stock. These units vested on May 29, 2026, and were then released, resulting in an equivalent number of common shares issued to the reporting person.
Does the QuidelOrtho (QDEL) Form 4 show any stock sales by John R. Chiminski?
No stock sales are reported. The Form 4 shows only the vesting and conversion of restricted stock units into 6,829 shares of Common Stock, with resulting direct ownership of 9,352 shares after the transactions.