QuidelOrtho (QDEL) COO reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QuidelOrtho Corporation’s Chief Operations Officer Philip D. McLellan reported routine equity compensation activity. On January 29, 2026, 4,897 restricted stock units vested and converted into an equal number of common shares at $0 per share. To cover tax withholding on this release, 2,017 common shares were withheld at $27.41 per share, leaving McLellan with 16,184 common shares held directly. After this vesting, he also holds 9,796 restricted stock units, scheduled to vest in equal installments on January 29, 2027 and January 29, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,897 shares exercised/converted
Mixed
3 txns
Insider
McLellan Philip D.
Role
Chief Operations Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,897 | $0.00 | -- |
| Grant/Award | Common Stock | 4,897 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,017 | $27.41 | $55K |
Holdings After Transaction:
Restricted Stock Units — 9,796 shares (Direct);
Common Stock — 18,201 shares (Direct)
Footnotes (1)
- Reflects release of restricted stock units that were previously reported on a Form 4. 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. 4,897 shares vested on January 29, 2026; the remaining 9,796 shares will vest in equal installments on January 29, 2027 and January 29, 2028.
FAQ
What insider transaction did QuidelOrtho (QDEL) COO Philip McLellan report?
Philip D. McLellan reported the vesting of restricted stock units that converted into QuidelOrtho common stock. The filing shows equity compensation activity and related tax share withholding, rather than an open-market stock purchase or discretionary sale by the Chief Operations Officer.
How many QuidelOrtho RSUs vested for the COO in this Form 4?
The Form 4 shows that 4,897 restricted stock units vested for Philip D. McLellan. Each unit represents one QuidelOrtho common share, so 4,897 common shares were issued to him as part of his equity compensation on January 29, 2026, at zero exercise price.
What is the remaining RSU balance for QuidelOrtho’s COO and vesting schedule?
Following the January 29, 2026 vesting, McLellan holds 9,796 restricted stock units. According to the footnotes, these remaining RSUs will vest in two equal installments on January 29, 2027 and January 29, 2028, each tranche delivering common shares.
What do the Form 4 transaction codes A, F, and M mean for this QuidelOrtho filing?
Code M reflects the settlement of 4,897 restricted stock units into common stock. Code A shows those 4,897 common shares acquired at $0. Code F reports 2,017 shares withheld at $27.41 to satisfy tax withholding related to the RSU release.