QuidelOrtho Corp (QDEL) awards 356,555 restricted stock units to CFO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Young Micah W reported acquisition or exercise transactions in this Form 4 filing.
QuidelOrtho Corp granted Chief Financial Officer Micah W. Young 356,555 restricted stock units, each representing one share of common stock. The award vests in three tranches: 118,851 units on July 15, 2027, and 118,852 units on each of July 15, 2028 and July 15, 2029, all held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Young Micah W
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 356,555 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 356,555 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock. 118,851 shares will vest on July 15, 2027, 118,852 shares will vest on July 15, 2028, and 118,852 shares will vest on July 15, 2029.
Key Figures
RSUs granted: 356555.0000 Restricted Stock Units
First vesting tranche: 118,851 shares
Second vesting tranche: 118,852 shares
+3 more
6 metrics
RSUs granted
356555.0000 Restricted Stock Units
Grant to Chief Financial Officer Micah W. Young on July 15, 2026
First vesting tranche
118,851 shares
Shares scheduled to vest on July 15, 2027
Second vesting tranche
118,852 shares
Shares scheduled to vest on July 15, 2028
Third vesting tranche
118,852 shares
Shares scheduled to vest on July 15, 2029
Price per RSU
$0.0000
Grant/award acquisition price for each restricted stock unit
RSUs held after grant
356555.0000 Restricted Stock Units
Total restricted stock units reported as directly held following the transaction
Key Terms
Restricted Stock Units, vest, underlying security
3 terms
Restricted Stock Units financial
"Each restricted stock unit represents the right to receive one share of common stock"
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.
vest financial
"118,851 shares will vest on July 15, 2027, 118,852 shares will vest later"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
underlying security financial
"The underlying security title for these units is Common Stock"
FAQ
What equity award did QuidelOrtho (QDEL) grant to CFO Micah Young?
QuidelOrtho granted CFO Micah W. Young 356,555 restricted stock units on July 15, 2026. Each unit represents the right to receive one share of QuidelOrtho common stock, making this a substantial equity-based compensation award rather than a cash bonus.
How will the 356,555 RSU grant at QuidelOrtho (QDEL) vest over time?
The 356,555 restricted stock units will vest in three annual tranches: 118,851 units on July 15, 2027, and 118,852 units on each of July 15, 2028 and July 15, 2029, subject to continued service and the award’s terms.
Does the QDEL CFO’s RSU grant involve any open-market stock purchases or sales?
No. The transaction is coded as an “A” grant/award acquisition of restricted stock units at a price of $0.00 per unit. It reflects equity compensation, not an open-market purchase or sale of QuidelOrtho common stock.
How many QuidelOrtho (QDEL) RSUs does CFO Micah Young hold after this award?
Following this grant, Micah W. Young is reported as holding 356,555 restricted stock units directly. These units correspond to an equal number of underlying QuidelOrtho common shares, which will be delivered as the RSUs vest over the specified schedule.
What does each restricted stock unit granted by QuidelOrtho (QDEL) represent?
Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock. As the RSUs vest on their scheduled dates, the company will deliver the corresponding number of common shares for each vested unit.