STOCK TITAN

QuidelOrtho Corp (NASDAQ: QDEL) EVP converts RSUs, pays taxes in stock

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

QuidelOrtho Corp executive Bryan Michael Hanson, EVP Global Portfolio Management & Marketing, released 5,797 restricted stock units into an equal number of common shares on July 1, 2026. To satisfy tax obligations, 2,096 shares were withheld at $18.18 per share. After these transactions, he directly held 7,771 shares of common stock. Footnotes indicate an additional 5,797 RSUs are scheduled to vest on July 1, 2027 and 5,798 on July 1, 2028.

Positive

  • None.

Negative

  • None.
Insider Hanson Bryan Michael
Role EVP Global Port. Mgmt & Mkting
Type Security Shares Price Value
Exercise Restricted Stock Units 5,797 $0.00 $0.00
Exercise Common Stock 5,797 $0.00 $0.00
Exercise Price or Tax Liability Common Stock 2,096 $18.18 $38K
Holdings After Transaction: Restricted Stock Units — 11,595 shares (Direct); Common Stock — 7,771 shares (Direct)
Footnotes (4)
  1. F1. Reflects release of restricted stock units that were previously reported on a Form 3.
  2. F2. 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. F3. Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock.
  4. F4. 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 released into common stock 5,797 units Restricted stock units converted to common stock on July 1, 2026
Shares withheld for taxes 2,096 shares Common shares withheld to satisfy tax withholding obligations at $18.18 per share
Post-transaction common stock holding 7,771 shares Common Stock directly held by Bryan Michael Hanson after the reported transactions
Tax withholding price $18.18 per share Value used for shares withheld to satisfy tax obligations
RSUs vesting July 1, 2027 5,797 units Restricted stock units scheduled to vest on July 1, 2027
RSUs vesting July 1, 2028 5,798 units Restricted stock units scheduled to vest on July 1, 2028
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
"to satisfy tax withholding obligations related to the issuance of common shares"
vested financial
"5,797 shares vested on July 1, 2026, 5,797 shares will vest on July 1, 2027"

FAQ

What insider transaction did QuidelOrtho (QDEL) report for Bryan Michael Hanson?

QuidelOrtho reported that EVP Bryan Michael Hanson released 5,797 restricted stock units into an equal number of common shares on July 1, 2026. To cover taxes, 2,096 shares were withheld, and his direct holding is now 7,771 common shares.

How many QuidelOrtho (QDEL) shares were withheld for taxes in this Form 4?

The filing shows that 2,096 shares of common stock were disposed of in connection with tax withholding obligations, at a per-share value of $18.18. These shares were withheld by the issuer rather than sold in the open market.

What is Bryan Michael Hanson's current QuidelOrtho (QDEL) stock holding?

After the reported transactions, Bryan Michael Hanson directly holds 7,771 shares of QuidelOrtho common stock. This figure reflects his post-transaction position as reported in the filing’s canonical holdings section for directly owned common shares.

What RSU vesting schedule is disclosed for QuidelOrtho (QDEL) in this report?

Footnotes state that 5,797 shares vested on July 1, 2026, with another 5,797 shares scheduled to vest on July 1, 2027 and 5,798 shares scheduled to vest on July 1, 2028. Each restricted stock unit represents one share of common stock.

Was this QuidelOrtho (QDEL) insider transaction tied to a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not marked as affirmatively adopted, and the footnotes do not reference any trading plan. The reported activity therefore is not described as occurring under a pre-arranged Rule 10b5-1 plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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)