QuidelOrtho Corp (QDEL) exec’s RSUs vest as shares withheld for tax
Rhea-AI Filing Summary
QuidelOrtho Corp (QDEL) reported that EVP Global Portfolio Management & Marketing Bryan Michael Hanson had 446 restricted stock units vest on August 15, 2026, converting into 446 shares of common stock. To satisfy related tax withholding obligations, 162 common shares were withheld by the company at $14.30 per share. Following this vesting event, the reported balance of these specific restricted stock units is 0.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 284 shares
Net Buy
3 txns
Insider
Hanson Bryan Michael
Role
EVP Global Port. Mgmt & Mkting
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F4 | 446 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 446 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 162 | $14.30 | $2K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 8,055 shares (Direct)
Footnotes (4)
- F1. Reflects release of restricted stock units that were previously reported on a Form 3.
- 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.
- F3. Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock.
- F4. 446 shares vested on August 15, 2026.
Key Figures
RSUs vested: 446 units
Common shares issued from RSUs: 446 shares
Shares withheld for taxes: 162 shares
+2 more
5 metrics
RSUs vested
446 units
Restricted stock units released and converted to common stock on August 15, 2026
Common shares issued from RSUs
446 shares
Shares of QuidelOrtho common stock received upon RSU release
Shares withheld for taxes
162 shares
Common shares withheld to satisfy tax withholding obligations
Tax withholding share value
$14.30 per share
Per-share value used for the 162 shares withheld for tax obligations
RSU balance after vesting
0 units
Total shares following transaction for these restricted stock units
Key Terms
Restricted Stock Units, tax withholding obligations, Form 3, Exercise or conversion of derivative security
4 terms
Restricted Stock Units financial
"Reflects release of restricted stock units that were previously reported on a Form 3."
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"
Form 3 regulatory
"Reflects release of restricted stock units that were previously reported on a Form 3."
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
FAQ
What insider equity event did QuidelOrtho (QDEL) report for Bryan Michael Hanson?
QuidelOrtho reported that EVP Bryan Michael Hanson had 446 restricted stock units vest on August 15, 2026, converting into an equal number of common shares. This reflects equity compensation vesting rather than an open-market purchase or sale.
How many QuidelOrtho (QDEL) restricted stock units vested for Bryan Michael Hanson and into what did they convert?
A total of 446 restricted stock units vested for Bryan Michael Hanson, each representing the right to receive one share of QuidelOrtho common stock. Upon vesting, they converted into 446 common shares on August 15, 2026.
Did Bryan Michael Hanson retain any restricted stock units in QuidelOrtho (QDEL) after this vesting event?
After this reported vesting, the balance of the restricted stock units involved in the transaction is shown as 0 units. This indicates these particular RSUs were fully released and no longer remain outstanding.
Was Bryan Michael Hanson’s QuidelOrtho (QDEL) Form 4 transaction under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, meaning these transactions were not reported as made under a Rule 10b5-1 trading plan. The activity instead reflects scheduled restricted stock unit vesting and related tax withholding.
AI-generated analysis. How Rhea-AI works. Not financial advice.