QuidelOrtho (QDEL) director Kenneth Widder receives multiple restricted stock unit grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QuidelOrtho Corp director Kenneth J. Widder received several equity-based awards in the form of restricted stock units (RSUs). On June 25, 2026, he was granted 1,997 premium RSUs, 6,656 converted RSUs, and 15,532 equity grant RSUs, each representing one share of common stock. The RSUs were issued in lieu of certain cash retainer and board service fees under a deferred compensation program and vest on a scheduled basis, including full vesting for one grant on June 25, 2027 and four installments of 1,664 shares between June 25, 2026 and March 25, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
WIDDER KENNETH J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (Equity Grant) | 15,532 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Converted) | 6,656 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Premium) | 1,997 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (Equity Grant) — 15,532 shares (Direct, null);
Restricted Stock Units (Converted) — 6,656 shares (Direct, null);
Restricted Stock Units (Premium) — 1,997 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock. The restricted stock units will vest on June 25, 2027. The restricted stock units were received in lieu of cash payments to the reporting person for certain retainer and Board of Director service-related fees under a deferred compensation program applicable to participating non-employee directors. Release of vested restricted stock units will occur according to the elected deferral schedule. 1,664 shares vested on June 25, 2026, 1,664 shares will vest on September 25, 2026, 1,664 shares will vest on December 25, 2026, and 1,664 shares will vest on March 25, 2027.
Key Figures
Premium RSU grant: 1,997 units
Converted RSU grant: 6,656 units
Equity grant RSUs: 15,532 units
+3 more
6 metrics
Premium RSU grant
1,997 units
Restricted Stock Units (Premium) granted on June 25, 2026
Converted RSU grant
6,656 units
Restricted Stock Units (Converted) granted on June 25, 2026
Equity grant RSUs
15,532 units
Restricted Stock Units (Equity Grant) granted on June 25, 2026
Single-date vesting
June 25, 2027
One RSU grant vests entirely on this date
Installment vesting size
1,664 shares
Each installment vesting on four dates from June 25, 2026 to March 25, 2027
Installment vesting dates
June 25, 2026 to March 25, 2027
Four vesting tranches of 1,664 shares each
Key Terms
Restricted Stock Units, deferred compensation program, retainer and Board of Director service-related fees
3 terms
Restricted Stock Units financial
"Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock."
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.
deferred compensation program financial
"under a deferred compensation program applicable to participating non-employee directors."
FAQ
What did QuidelOrtho (QDEL) director Kenneth Widder report on this Form 4?
Kenneth J. Widder reported the acquisition of multiple restricted stock unit (RSU) awards tied to QuidelOrtho common stock. These are compensation-related grants, not open-market share purchases or sales, and reflect equity issued for his service as a non-employee director.
How many QuidelOrtho RSUs did Kenneth Widder receive in the latest grant?
He received three RSU awards: 1,997 premium RSUs, 6,656 converted RSUs, and 15,532 equity grant RSUs. Each RSU represents the right to receive one share of QuidelOrtho Corporation common stock, subject to the vesting schedules described in the filing footnotes.
When do Kenneth Widder’s newly reported QuidelOrtho RSUs vest?
One RSU grant vests on June 25, 2027. Another grant vests in four equal installments of 1,664 shares on June 25, 2026, September 25, 2026, December 25, 2026, and March 25, 2027, creating a staggered vesting schedule over these dates.
Are Kenneth Widder’s QuidelOrtho RSUs part of a cashless compensation program?
Yes. The filing notes that certain RSUs were received in lieu of cash payments for retainer and board service-related fees. They are issued under a deferred compensation program for participating non-employee directors, substituting equity awards for cash compensation according to the election.
How will Kenneth Widder’s QuidelOrtho RSUs be settled after vesting?
Each restricted stock unit represents the right to receive one share of QuidelOrtho common stock. Release of vested RSUs will occur according to Kenneth Widder’s elected deferral schedule under the company’s deferred compensation program for non-employee directors.