Director at QuidelOrtho (QDEL) gains 6,829 shares via RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QuidelOrtho Corp director Michael Edward L. received 6,829 shares of Common Stock as a stock award on May 29, 2026, when previously granted restricted stock units vested. These RSUs were exercised into Common Stock, bringing his direct holdings to 28,181 shares, with no open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,829 shares exercised/converted
Mixed
2 txns
Insider
Michael Edward L.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (Equity Grant) | 6,829 | $0.00 | -- |
| Grant/Award | Common Stock | 6,829 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (Equity Grant) — 0 shares (Direct, null);
Common Stock — 28,181 shares (Direct, null)
Footnotes (1)
- Reflects release of restricted stock units that were previously reported on a Form 4. Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock. The restricted stock units vested on May 29, 2026.
Key Figures
Shares acquired via RSU vesting: 6,829 shares
RSUs exercised: 6,829 units
Shares owned after transaction: 28,181 shares
+1 more
4 metrics
Shares acquired via RSU vesting
6,829 shares
Common Stock received on May 29, 2026
RSUs exercised
6,829 units
Restricted stock units converted to Common Stock
Shares owned after transaction
28,181 shares
Total direct Common Stock holdings post-transaction
RSU conversion price
$0.00 per unit
Exercise price for restricted stock units
Key Terms
Restricted Stock Units, Form 4, derivative security
3 terms
Restricted Stock Units financial
"Reflects release of restricted stock units that were previously reported on a Form 4."
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.
Form 4 regulatory
"Reflects release of restricted stock units that were previously reported on a Form 4."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What did QuidelOrtho (QDEL) disclose in this Form 4 for Michael Edward L.?
QuidelOrtho reported that director Michael Edward L. acquired 6,829 shares of Common Stock through the vesting of restricted stock units. These units converted into shares on May 29, 2026, increasing his direct ownership to 28,181 shares with no open-market trades involved.
What are the restricted stock units reported in QuidelOrtho (QDEL) director’s Form 4?
The restricted stock units represent the right to receive one share of QuidelOrtho Common Stock per unit. They were previously reported, vested on May 29, 2026, and then converted into 6,829 shares, after which the RSU balance for this award was reduced to zero.