QuidelOrtho exec RSUs vest; 921 shares withheld
QuidelOrtho’s CHRO saw RSUs vest into common shares, with a portion withheld to cover tax obligations rather than sold in the open market.
Rhea-AI Filing Summary
QuidelOrtho Corp (QDEL) reported that Chief Human Resources Officer Ronald Lee Bowman had restricted stock units convert into common stock on September 15, 2026. 2,566 restricted stock units were exercised into 2,566 shares of common stock, and 921 shares of common stock were delivered to the issuer at $10.63 per share to satisfy tax withholding obligations related to this vesting. Each restricted stock unit represents one share of QuidelOrtho common stock, and no transactions were reported as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F4 | 2,566 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 2,566 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 921 | $10.63 | $10K |
Footnotes (4)
- F1. Reflects release of restricted stock units that were previously reported on a Form 4.
- 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. 2,565 shares vested on September 15, 2025; 2,566 shares vested on September 15, 2026; and the remaining 2,566 shares will vest on September 15, 2027.
Key Figures
Key Terms
Restricted Stock Units financial
tax withholding obligations financial
vested financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did QuidelOrtho (QDEL) disclose about Ronald Lee Bowman’s Form 4 transactions?
Were Ronald Lee Bowman’s QuidelOrtho (QDEL) transactions open-market sales?
How many QuidelOrtho (QDEL) restricted stock units vested for Ronald Lee Bowman?
Were Ronald Lee Bowman’s QuidelOrtho (QDEL) transactions under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.