QuidelOrtho CEO RSUs vest; shares withheld for tax
QuidelOrtho Corp President and CEO Brian J. Blaser reported routine equity compensation activity.
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Rhea-AI Filing Summary
QuidelOrtho Corp President and CEO Brian J. Blaser reported routine equity compensation activity. On May 15, 20,759 restricted stock units converted into an equal number of common shares, reflecting a scheduled vesting.
To cover tax obligations from this vesting, 10,252 common shares were withheld at $10.32 per share, a tax-withholding disposition rather than an open-market sale. Following these transactions, he holds 35,649 common shares directly and 40,073 common shares indirectly through a trust. Footnotes note that 20,759 shares vested on each of May 15, 2025 and May 15, 2026, with another 20,759 scheduled to vest on May 15, 2027.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 20,759 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 20,759 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 10,252 | $10.32 | $106K |
| holding | Common Stock | -- | -- | -- |
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. 20,759 shares vested on each of May 15, 2025 and May 15, 2026; the remaining 20,759 shares will vest on May 15, 2027.
Key Figures
Key Terms
Restricted Stock Units financial
tax withholding obligations financial
grant, award, or other acquisition financial
Exercise or conversion of derivative security financial
By Trust financial
FAQ
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What insider transactions did QuidelOrtho (QDEL) CEO Brian Blaser report?
What are the vesting terms for the CEO’s QuidelOrtho (QDEL) restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.