[Form 4] Varex Imaging Corp Insider Trading Activity
Rhea-AI Filing Summary
Varex Imaging Corp reported an insider equity award update for senior executive Mark S. Jonaitis, who serves as SVP and GM, X-Ray Sources. On December 15, 2025, he acquired performance stock units (PSUs) that each represent a contingent right to receive one share of Varex Imaging common stock, subject to meeting performance goals.
The filing shows 2,565 PSUs tied to an award granted on December 10, 2023 and 3,134 PSUs tied to an award granted on December 10, 2024. In each case, the number reported reflects PSUs earned for fiscal year 2025 based on achievement of specified performance criteria. Final PSU amounts for the 2023 grant will be certified after fiscal 2026, and for the 2024 grant after fiscal 2027, with vesting conditioned on Mr. Jonaitis remaining employed through the vesting dates.
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FAQ
What insider transaction did Varex Imaging Corp (VREX) disclose?
Varex Imaging Corp disclosed that senior executive Mark S. Jonaitis acquired performance stock units (PSUs) that each represent a contingent right to receive one share of Varex Imaging common stock, based on the achievement of performance criteria.
How many performance stock units did the VREX executive earn for fiscal 2025?
The report shows 2,565 PSUs earned from a grant made on December 10, 2023 and 3,134 PSUs earned from a grant made on December 10, 2024, both based on performance achieved during fiscal year 2025.
What is the role of the reporting person in Varex Imaging Corp (VREX)?
The reporting person, Mark S. Jonaitis, is identified as an officer of Varex Imaging Corp with the title SVP and GM, X-Ray Sources.
When will the performance stock units for the VREX executive be certified and approved?
For the PSUs granted on December 10, 2023, the Compensation Committee will certify and approve the total number of PSUs earned after completion of fiscal year 2026. For the PSUs granted on December 10, 2024, certification will occur after completion of fiscal year 2027.
What conditions apply to vesting of the VREX performance stock units?
For both PSU grants, vesting is subject to the achievement of specified performance criteria and to the reporting person being employed through the vesting date, after the Compensation Committee certifies the total number of PSUs earned.
What does each performance stock unit represent for Varex Imaging Corp (VREX)?
Each PSU represents a contingent right to receive one share of Varex Imaging common stock, provided the applicable performance goals are achieved and other vesting conditions are satisfied.