Varex director converts 8,483 units into stock

Varex Imaging director Timothy E. Guertin converted deferred stock units into common shares.

Rhea-AI Filing Summary

Varex Imaging director Timothy E. Guertin converted deferred stock units into common shares. On February 9, 2026, 8,483 Deferred Stock Units were exercised and delivered as 8,483 shares of Varex Imaging common stock, consistent with a one-for-one conversion ratio.

These Deferred Stock Units were originally granted on February 9, 2023, vested on February 8, 2024, and were settled in stock on the third anniversary of the grant date. After this transaction, Guertin directly holds 26,777 shares of Varex Imaging common stock.

Insider Trade Summary

8,483 shares exercised/converted

Exercise 2 txns

Insider GUERTIN TIMOTHY E

Role Director

Type	Security	Shares	Price	Value
Exercise	Deferred Stock Units	8,483	$0.00	$0.00
Exercise	Common Stock	8,483	$0.00	$0.00

Holdings After Transaction: Deferred Stock Units — 0 contracts (Direct); Common Stock — 26,777 shares (Direct)

Footnotes (2)

1. F1. Each Deferred Stock Unit converts into common stock on a one-for-one basis.
2. F2. These Deferred Stock Units were issued on February 9, 2023, vested on February 8, 2024, and delivery of the vested Deferred Stock Units, in the form of common stock occurred on February 9, 2026, the third anniversary of the date of grant.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Varex Imaging (VREX) report for Timothy E. Guertin?

Varex Imaging reported that director Timothy E. Guertin converted 8,483 Deferred Stock Units into 8,483 shares of common stock on February 9, 2026. This reflects settlement of previously granted equity compensation rather than an open-market purchase or sale.

How many Varex Imaging (VREX) shares does Timothy E. Guertin hold after this Form 4?

After the reported transaction, director Timothy E. Guertin beneficially owns 26,777 shares of Varex Imaging common stock, held directly. This total reflects the delivery of 8,483 shares upon conversion of vested Deferred Stock Units granted as equity compensation.

What are Deferred Stock Units in the Varex Imaging (VREX) Form 4 filing?

Deferred Stock Units (DSUs) are equity awards that convert into common shares at a future date. In this case, each DSU converted into one share of Varex Imaging common stock, with 8,483 DSUs settling into 8,483 shares on February 9, 2026.

When were the Varex Imaging (VREX) Deferred Stock Units granted and vested for Timothy E. Guertin?

The Deferred Stock Units for director Timothy E. Guertin were granted on February 9, 2023, and they vested on February 8, 2024. Delivery of the vested units, in the form of common stock, occurred on February 9, 2026.

What transaction code appears in the Varex Imaging (VREX) Form 4 for this DSU conversion?

The Form 4 uses transaction code "M", which indicates an exercise or conversion of a derivative security. Here it reflects conversion of 8,483 Deferred Stock Units into an equal number of Varex Imaging common shares at an exercise price of $0.

Is the Varex Imaging (VREX) Form 4 transaction an open-market trade?

No. The Form 4 shows a code "M" transaction, representing the conversion of Deferred Stock Units into common shares at $0 per share. This is settlement of equity awards, not a market purchase or sale of Varex Imaging stock.

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Accepted by SEC EDGAR 02/09/2026 - 04:14 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

GUERTIN TIMOTHY E

(Last) (First) (Middle)

1678 S. PIONEER ROAD

(Street)

SALT LAKE CITY UT 84104

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Varex Imaging Corp [ VREX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/09/2026		M		8,483	A	(1)	26,777	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Stock Units	(1)	02/09/2026		M			8,483	(2)	(2)	Common Stock	8,483	$0	0	D

Explanation of Responses:

1. Each Deferred Stock Unit converts into common stock on a one-for-one basis.

2. These Deferred Stock Units were issued on February 9, 2023, vested on February 8, 2024, and delivery of the vested Deferred Stock Units, in the form of common stock occurred on February 9, 2026, the third anniversary of the date of grant.

Remarks:

	/s/ Timothy E. Guertin	02/09/2026
	** Signature of Reporting Person	Date
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.