QuidelOrtho Corp (QDEL) director granted multiple restricted stock unit awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QuidelOrtho Corp director Kenneth F. Buechler received equity-based compensation in the form of restricted stock units (RSUs) on June 25, 2026. He was granted 3,661 premium RSUs, 12,204 converted RSUs, and 15,532 equity grant RSUs, each representing one share of common stock.
The RSUs were awarded in lieu of cash retainer and other Board service-related fees under a deferred compensation program for non-employee directors. One RSU equals one share of QuidelOrtho common stock, with vesting noted to occur on June 25, 2027 for certain awards, and additional tranches of 3,051 shares vesting on June 25, 2026, September 25, 2026, December 25, 2026, and March 25, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
BUECHLER KENNETH F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (Equity Grant) | 15,532 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Converted) | 12,204 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Premium) | 3,661 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (Equity Grant) — 15,532 shares (Direct, null);
Restricted Stock Units (Converted) — 12,204 shares (Direct, null);
Restricted Stock Units (Premium) — 3,661 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock. The restricted stock units will vest on June 25, 2027. The restricted stock units were received in lieu of cash payments to the reporting person for certain retainer and Board of Director service-related fees under a deferred compensation program applicable to participating non-employee directors. Release of vested restricted stock units will occur according to the elected deferral schedule. 3,051 shares vested on June 25, 2026, 3,051 shares will vest on September 25, 2026, 3,051 shares will vest on December 25, 2026, and 3,051 shares will vest on March 25, 2027.
Key Figures
Premium RSU grant: 3,661 RSUs
Converted RSU grant: 12,204 RSUs
Equity grant RSUs: 15,532 RSUs
+3 more
6 metrics
Premium RSU grant
3,661 RSUs
Restricted Stock Units (Premium) granted on June 25, 2026
Converted RSU grant
12,204 RSUs
Restricted Stock Units (Converted) granted on June 25, 2026
Equity grant RSUs
15,532 RSUs
Restricted Stock Units (Equity Grant) granted on June 25, 2026
Vesting date (certain RSUs)
June 25, 2027
Restricted stock units vesting date from footnote F2
Tranche vesting amount
3,051 shares
Each tranche vesting on four dates between June 2026 and March 2027
Vesting tranches
4 tranches
3,051 shares vest on June 25, 2026; September 25, 2026; December 25, 2026; March 25, 2027
Key Terms
Restricted Stock Units, deferred compensation program, retainer and Board of Director service-related fees, vest
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation 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.
deferred compensation program financial
"fees under a deferred compensation program applicable to participating non-employee directors."
vest financial
"The restricted stock units will vest on June 25, 2027."
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.
FAQ
What did QuidelOrtho (QDEL) director Kenneth F. Buechler report on this Form 4?
He reported receiving multiple grants of restricted stock units as equity compensation. These awards are tied to his retainer and other Board service-related fees under a deferred compensation program for non-employee directors.
How many restricted stock units did Kenneth F. Buechler receive from QuidelOrtho (QDEL)?
He received 3,661 premium RSUs, 12,204 converted RSUs, and 15,532 equity grant RSUs. Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock upon settlement.
Is Kenneth F. Buechler buying or selling QuidelOrtho (QDEL) stock in this Form 4?
This filing shows equity awards, not open-market trades. The reported transactions are grants of restricted stock units received as compensation, rather than purchases or sales of QuidelOrtho common stock in the market.
When do Kenneth F. Buechler’s QuidelOrtho (QDEL) restricted stock units vest?
One footnote states that certain restricted stock units vest on June 25, 2027. Another schedule shows 3,051 shares vesting on June 25, 2026, September 25, 2026, December 25, 2026, and March 25, 2027 in separate tranches.
What does it mean that QuidelOrtho (QDEL) RSUs were received in lieu of cash payments?
Instead of receiving some Board retainer and service-related fees in cash, Buechler elected to receive restricted stock units. These RSUs are granted under a deferred compensation program and will be released according to his elected deferral schedule after they vest.
How will the QuidelOrtho (QDEL) restricted stock units be settled for Kenneth F. Buechler?
Each restricted stock unit represents the right to receive one share of QuidelOrtho common stock. Once vested, the units will be released in shares according to the deferred compensation program’s elected deferral schedule.