Director R. Scott Huennekens gains 6,829 QuidelOrtho (QDEL) shares via RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QuidelOrtho Corp director R. Scott Huennekens reported a routine equity compensation event. He acquired 6,829 shares of common stock at a stated price of $0.0000 per share through the release of previously granted restricted stock units. These restricted stock units vested on May 29, 2026 and each unit converted into one share of common stock. Following this vesting and conversion, he directly holds 9,352 shares of QuidelOrtho common stock. The filing shows no open-market purchases or sales, only the vesting and exercise of an equity award.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,829 shares exercised/converted
Mixed
2 txns
Insider
Huennekens R Scott
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
Shares acquired from RSU vesting: 6,829 shares
Shares held after transaction: 9,352 shares
Exercise price of RSUs: $0.0000 per share
+1 more
4 metrics
Shares acquired from RSU vesting
6,829 shares
Common stock received from restricted stock units on May 29, 2026
Shares held after transaction
9,352 shares
Total direct QuidelOrtho common stock holdings after Form 4 transactions
Exercise price of RSUs
$0.0000 per share
Stated conversion or exercise price for restricted stock units
Derivative shares exercised
6,829 units
Restricted stock units converted into common stock
Key Terms
Restricted Stock Units, derivative security, Form 4, vested
4 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 related to restricted stock units."
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.
vested financial
"The restricted stock units vested on May 29, 2026."
FAQ
What insider transaction did QuidelOrtho (QDEL) director R. Scott Huennekens report?
R. Scott Huennekens reported acquiring 6,829 QuidelOrtho common shares from vested restricted stock units. These units converted into shares at a stated price of $0.0000 per share as part of routine equity compensation, not an open-market purchase or sale.
What happened to the restricted stock units reported in the QuidelOrtho (QDEL) Form 4?
Previously granted restricted stock units vested on May 29, 2026 and were exercised to deliver 6,829 QuidelOrtho common shares. After this exercise, the derivative position shows zero remaining units, indicating the full grant was converted.