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QuidelOrtho (QDEL) director RSUs vest into 6,829 shares, holding 19,469 directly

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

QuidelOrtho Corp director Mary Lake Polan, Ph.D., reported routine equity compensation activity involving restricted stock units and common shares. On May 29, 2026, 6,829 restricted stock units vested and were converted into 6,829 shares of common stock at a conversion price of $0.00 per share. These units had been previously reported and each unit represented the right to receive one share of QuidelOrtho common stock. Following the conversion, she held 19,469 shares of common stock directly, while a separate 17,353 shares of common stock were reported as held indirectly through an LLC.

Positive

  • None.

Negative

  • None.
Insider POLAN MARY LAKE PH D
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 --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units (Equity Grant) — 0 shares (Direct, null); Common Stock — 19,469 shares (Direct, null); Common Stock — 17,353 shares (Indirect, By LLC)
Footnotes (1)
  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.
RSUs vested and converted 6,829 shares Restricted stock units vesting on May 29, 2026
Direct common shares after transaction 19,469 shares Direct ownership following RSU conversion
Indirect common shares via LLC 17,353 shares Indirect ownership reported as held by LLC
RSU conversion price $0.00 per share Exercise/conversion price for vested restricted stock units
RSU-to-share ratio 1:1 Each restricted stock unit equals one common share
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.
indirect ownership financial
"total_shares_following_transaction": "17353.0000","direct_or_indirect": "I""
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
exercise or conversion financial
"transaction_action": "derivative exercise/conversion""
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
POLAN MARY LAKE PH D
(Last)(First)(Middle)
9975 SUMMERS RIDGE ROAD
(Street)
SAN DIEGO CALIFORNIA 92121
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
QuidelOrtho Corp [ QDEL ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/29/2026A6,829(1)A$019,469D
Common Stock17,353IBy LLC
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (Equity Grant)(2)05/29/2026M6,829 (3) (3)Common Stock6,829$00D
Explanation of Responses:
1. Reflects release of restricted stock units that were previously reported on a Form 4.
2. Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock.
3. The restricted stock units vested on May 29, 2026.
Remarks:
/s/ Phillip S. Askim, attorney-in-fact for Mary Lake Polan, Ph.D.06/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did QuidelOrtho (QDEL) report for Mary Lake Polan?

QuidelOrtho reported that director Mary Lake Polan received 6,829 common shares through vesting of previously granted restricted stock units. These units converted into shares at a $0.00 price as part of her equity compensation on May 29, 2026.

How many QuidelOrtho (QDEL) shares did the vested RSUs represent?

The vested restricted stock units represented 6,829 QuidelOrtho common shares. Each restricted stock unit entitled the holder to receive one share upon vesting, and all these units converted into common stock on May 29, 2026.

What are Mary Lake Polan’s direct QuidelOrtho (QDEL) holdings after this Form 4?

After the RSU vesting and conversion, Mary Lake Polan directly held 19,469 shares of QuidelOrtho common stock. This reflects the addition of 6,829 newly issued shares from the vested restricted stock units to her prior direct share position.

What indirect QuidelOrtho (QDEL) holdings are reported for Mary Lake Polan?

The filing reports 17,353 QuidelOrtho common shares held indirectly "By LLC." This indicates an entity associated with her holds these shares, and the position is shown separately from her direct ownership in the Form 4.

What do the restricted stock unit footnotes for QuidelOrtho (QDEL) explain?

The footnotes explain that the transaction reflects release of restricted stock units previously reported, that each unit equals one share of common stock, and that these restricted stock units vested on May 29, 2026, triggering the share issuance.

Were Mary Lake Polan’s QuidelOrtho (QDEL) RSUs newly granted or previously reported?

The Form 4 states that the restricted stock units were previously reported. The May 29, 2026 entry reflects their vesting and release into 6,829 common shares, rather than a brand-new grant of additional equity awards.