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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.

(Neutral)
(Neutral)
Form Type
4

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 Bowman Ronald Lee
Role Chief Human Resources Officer
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
Holdings After Transaction: Restricted Stock Units — 2,566 contracts (Direct); Common Stock — 5,020 shares (Direct)
Footnotes (4)
  1. F1. Reflects release of restricted stock units that were previously reported on a Form 4.
  2. 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.
  3. F3. Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock.
  4. 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.
Restricted stock units exercised 2,566 units RSUs converted into common stock on September 15, 2026
Common shares acquired from RSU release 2,566 shares Issued to Ronald Lee Bowman on September 15, 2026
Shares delivered/withheld for tax obligations 921 shares Common stock delivered to satisfy tax withholding obligations
Tax-withholding share price $10.63 per share Price applied to the 921 shares used for tax withholding
RSU-to-common conversion ratio 1 share per unit Each restricted stock unit represents one share of common stock
Restricted Stock Units financial
"Reflects release of restricted stock units that were previously reported"
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.
tax withholding obligations financial
"withholding of common shares to satisfy tax withholding obligations"
vested financial
"2,565 shares vested on September 15, 2025; 2,566 shares vested"

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?

The filing shows 2,566 restricted stock units converted into 2,566 common shares on September 15, 2026, with 921 shares withheld and delivered to the issuer at $10.63 per share to cover tax withholding obligations.

Were Ronald Lee Bowman’s QuidelOrtho (QDEL) transactions open-market sales?

No. The Form 4 states that 921 shares of common stock were disposed of in connection with the issuer’s withholding of common shares to satisfy tax withholding obligations related to the RSU release, not as open-market sales.

How many QuidelOrtho (QDEL) restricted stock units vested for Ronald Lee Bowman?

On September 15, 2026, 2,566 restricted stock units vested and were released, each representing the right to receive one share of QuidelOrtho common stock, resulting in the issuance of 2,566 common shares to Ronald Lee Bowman.

What price per share was used for the tax-withholding shares in the QuidelOrtho (QDEL) Form 4?

The filing reports that 921 shares of QuidelOrtho common stock were delivered or withheld at $10.63 per share to satisfy tax withholding obligations associated with the RSU vesting on September 15, 2026.

Were Ronald Lee Bowman’s QuidelOrtho (QDEL) transactions under a Rule 10b5-1 plan?

No. The document-level checkbox indicates no Rule 10b5-1 trading plan for these transactions; the RSU conversion and related tax-withholding share delivery were reported without reference to any pre-arranged trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Bowman Ronald Lee

(Last)(First)(Middle)
9975 SUMMERS RIDGE ROAD

(Street)
SAN DIEGO CALIFORNIA 92121

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
QuidelOrtho Corp [ QDEL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Human Resources Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/15/2026M2,566(1)A$05,941D
Common Stock09/15/2026F921(2)D$10.635,020D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(3)09/15/2026M2,566 (4) (4)Common Stock2,566$02,566D
Explanation of Responses:
1. Reflects release of restricted stock units that were previously reported on a Form 4.
2. 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.
3. Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock.
4. 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.
Remarks:
/s/ Euna Greene, attorney-in-fact for Ronald Lee Bowman09/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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