STOCK TITAN

QuidelOrtho (QDEL) EVP Hanson converts 5,797 RSUs, 2,096 shares withheld for taxes

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

Rhea-AI Filing Summary

QuidelOrtho Corp executive Bryan Michael Hanson reported routine equity compensation activity involving restricted stock units and related tax withholding. On the same date, 5,797 restricted stock units were released and converted into an equal number of common shares, reflecting previously granted awards.

To cover tax withholding obligations from this release, 2,096 common shares were disposed of by having the issuer withhold shares rather than using cash. After these transactions, Hanson directly holds 9,867 shares of QuidelOrtho common stock. Footnotes state that each restricted stock unit represents one share and that an additional 5,797 units are scheduled to vest on July 1, 2027 and 5,798 units on July 1, 2028.

Positive

  • None.

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  • None.
Insider Hanson Bryan Michael
Role EVP Global Port. Mgmt & Mkting
Type Security Shares Price Value
Exercise Restricted Stock Units 5,797 $0.00 --
Exercise Common Stock 5,797 $0.00 --
Tax Withholding Common Stock 2,096 $18.18 $38K
Holdings After Transaction: Restricted Stock Units — 11,595 shares (Direct, null); Common Stock — 9,867 shares (Direct, null)
Footnotes (1)
  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. 5,797 shares vested on July 1, 2026, 5,797 shares will vest on July 1, 2027 and 5,798 shares will vest on July 1, 2028.
RSUs vested 5,797 shares Restricted stock units converted to common stock on July 1, 2026
Shares withheld for taxes 2,096 shares Common shares withheld to satisfy tax obligations on RSU release
Post-transaction holdings 9,867 shares Common stock directly held by Bryan Michael Hanson after transactions
Scheduled RSU vesting 2027 5,797 units Restricted stock units scheduled to vest on July 1, 2027
Scheduled RSU vesting 2028 5,798 units Restricted stock units scheduled to vest on July 1, 2028
Tax withholding transaction price $18.18/share Price per share used for 2,096-share tax withholding disposition
restricted stock units financial
"Reflects release of restricted stock units that were previously reported"
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.
tax withholding obligations financial
"withholding of common shares to satisfy tax withholding obligations"
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.
vested financial
"5,797 shares vested on July 1, 2026, 5,797 shares will vest"
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Learn about SEC filing dates
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*
Hanson Bryan Michael

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP Global Port. Mgmt & Mkting
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
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 Stock07/01/2026M5,797(1)A$09,867D
Common Stock07/01/2026F2,096(2)D$18.187,771D
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(3)07/01/2026M5,797 (4) (4)Common Stock5,797$011,595D
Explanation of Responses:
1. Reflects release of restricted stock units that were previously reported on a Form 3.
2. 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.
3. Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock.
4. 5,797 shares vested on July 1, 2026, 5,797 shares will vest on July 1, 2027 and 5,798 shares will vest on July 1, 2028.
Remarks:
/s/ Euna Greene, attorney-in-fact for Bryan M. Hanson07/02/2026
** 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)

FAQ

What insider transactions did QuidelOrtho (QDEL) executive Bryan Michael Hanson report?

Bryan Michael Hanson reported the release of 5,797 restricted stock units into common shares and a related tax-withholding disposition of 2,096 shares, both on July 1, 2026. These events reflect routine equity compensation vesting and associated tax settlement in shares.

Did the QuidelOrtho (QDEL) Form 4 show an open-market buy or sell by Bryan Michael Hanson?

The Form 4 did not show any open-market buy or sell. Instead, it disclosed an RSU release converting 5,797 units into common shares and a tax-withholding disposition of 2,096 shares, where the issuer withheld shares to satisfy tax obligations on the vesting.

How many QuidelOrtho (QDEL) shares does Bryan Michael Hanson hold after this Form 4?

After the reported transactions, Bryan Michael Hanson directly holds 9,867 shares of QuidelOrtho common stock. This figure reflects the net result of the 5,797-share RSU release and the 2,096 shares withheld to satisfy tax obligations related to that vesting event.

What happened to Bryan Michael Hanson’s restricted stock units in the QuidelOrtho (QDEL) filing?

The filing states that 5,797 restricted stock units vested and converted into an equal number of common shares. Footnotes also indicate remaining RSUs scheduled to vest: 5,797 units on July 1, 2027 and 5,798 units on July 1, 2028, subject to applicable conditions.

How were taxes handled on Bryan Michael Hanson’s QuidelOrtho (QDEL) RSU vesting?

Taxes were handled through share withholding rather than a cash payment. The issuer withheld 2,096 common shares in connection with the RSU release to satisfy tax withholding obligations, a common non-cash method for covering taxes on equity compensation vesting.

What does the M transaction code mean in the QuidelOrtho (QDEL) Form 4 for Bryan Michael Hanson?

The M code refers to an exercise or conversion of a derivative security. In this case, it represents the conversion of 5,797 restricted stock units into common shares, as each unit carries the right to receive one share of QuidelOrtho common stock upon vesting.