QuidelOrtho (QDEL) Chief Legal Officer reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QuidelOrtho Corp’s Chief Legal Officer, Michelle A. Hodges, reported equity award activity involving restricted stock units and common shares. On January 29, 2026, 7,836 restricted stock units converted into 7,836 shares of common stock at $0, reflecting the vesting of a prior award.
To cover tax withholding on this release, 3,072 common shares were withheld at a price of $27.41 per share. After these transactions, Hodges directly owned 37,360 shares of QuidelOrtho common stock and 15,673 restricted stock units, each representing the right to receive one share if and when it vests.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,836 shares exercised/converted
Mixed
3 txns
Insider
Hodges Michelle A
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,836 | $0.00 | -- |
| Grant/Award | Common Stock | 7,836 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,072 | $27.41 | $84K |
Holdings After Transaction:
Restricted Stock Units — 15,673 shares (Direct);
Common Stock — 40,432 shares (Direct)
Footnotes (1)
- Reflects release of restricted stock units that were previously reported on a Form 4. The amount of shares beneficially owned following this transaction includes an additional 561 shares due to the Reporting Person's purchase of shares pursuant to the Issuer's Employee Stock Purchase Plan. 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. 7,836 shares vested on January 29, 2026; 7,836 shares will vest on January 29, 2027; and the remaining 7,837 shares will vest on January 29, 2028.