QDEL insider: 18,656 RSUs convert; 6,676 shares tax withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QuidelOrtho (QDEL) reported insider equity activity by EVP of R&D & CTO Jonathan P. Siegrist. On 10/15/2025, 18,656 restricted stock units converted into common stock at $0 per unit. To cover taxes, 6,676 shares were withheld by the issuer at a price of $27.31.
Following these transactions, Siegrist directly holds 11,980 shares of common stock. He also holds 37,314 RSUs that will vest in equal installments on October 15, 2026 and October 15, 2027. Each RSU represents the right to receive one share of QuidelOrtho common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,656 shares exercised/converted
Mixed
3 txns
Insider
Siegrist Jonathan Philip
Role
EVP of R&D & CTO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 18,656 | $0.00 | -- |
| Grant/Award | Common Stock | 18,656 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,676 | $27.31 | $182K |
Holdings After Transaction:
Restricted Stock Units — 37,314 shares (Direct);
Common Stock — 18,656 shares (Direct)
Footnotes (1)
- Reflects release of restricted stock units that were previously reported on a Form 3. Disposition of shares, as set forth above, was in connection with the Issuer's withholding of common shares to satisfy tax withholding obligations related to the issuance of common shares upon release of restricted stock units. Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock. 18,656 shares vested on October 15, 2025; the remaining 37,314 shares will vest in equal installments on October 15, 2026 and October 15, 2027.
FAQ
What did QuidelOrtho (QDEL) disclose in this Form 4?
An executive had 18,656 RSUs vest on 10/15/2025 and 6,676 shares were withheld to satisfy tax obligations.
How many RSUs remain for the QuidelOrtho (QDEL) executive and when do they vest?
There are 37,314 RSUs remaining, vesting in equal installments on October 15, 2026 and October 15, 2027.
What does each RSU represent for QuidelOrtho (QDEL)?
Each RSU represents the right to receive one share of QuidelOrtho common stock.
Who is the reporting person in this QuidelOrtho (QDEL) filing?
The reporting person is Jonathan P. Siegrist, EVP of R&D & CTO.