Director Bardwell granted 12,331 deferred stock units at Varex (VREX)

Rhea-AI Filing Summary

Varex Imaging Corp director Kathleen Bardwell reported an acquisition of deferred stock units. On 02/12/2026, she received 12,331 Deferred Stock Units at a price of $0 per unit, all held as direct beneficial ownership.

Each Deferred Stock Unit converts into one share of common stock. The units vest 100% on the earlier of the one-year anniversary of the grant date or the next annual stockholder meeting after the grant date. Vested shares will be delivered upon the earlier of the third anniversary of the grant date, a change in control, or the end of Bardwell’s service for any reason.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Bardwell Kathleen

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units	12,331	$0.00	--

Holdings After Transaction: Deferred Stock Units — 12,331 shares (Direct)

Footnotes (1)

1. Each Deferred Stock Unit converts into common stock on a one-for-one basis. These Deferred Stock Units vest 100% on the earlier of (i) the one-year anniversary of the date of the grant and (ii) the next annual meeting of stockholders that occurs after the date of grant. Vested shares will be delivered to the reporting person upon the earlier of (i) the third anniversary of the date of grant (ii) a change in control or (iii) the reporting person's termination of service for any reason.

Form 4 Insider Transactions: What Each Field Means →

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^*

Bardwell Kathleen

(Last) (First) (Middle)

C/O VAREX IMAGING CORP.

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)
02/12/2026

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

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)	02/12/2026		A		12,331		(2)	(2)	Common Stock	12,331	$0	12,331	D

Explanation of Responses:

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

2. These Deferred Stock Units vest 100% on the earlier of (i) the one-year anniversary of the date of the grant and (ii) the next annual meeting of stockholders that occurs after the date of grant. Vested shares will be delivered to the reporting person upon the earlier of (i) the third anniversary of the date of grant (ii) a change in control or (iii) the reporting person's termination of service for any reason.

Remarks:

	/s/ Kathleen L. Bardwell	02/13/2026
	** 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.

FAQ

What insider transaction did Varex Imaging Corp (VREX) report for Kathleen Bardwell?

Varex Imaging Corp reported that director Kathleen Bardwell acquired 12,331 Deferred Stock Units on February 12, 2026. These units were granted at a price of $0 per unit and are held as directly owned derivative securities linked to Varex common stock.

How do the Deferred Stock Units reported for VREX convert into common stock?

Each Deferred Stock Unit converts into one share of Varex Imaging Corp common stock. This one-for-one conversion means 12,331 units correspond to 12,331 potential common shares, subject to the vesting schedule and delivery conditions described in the filing’s footnotes.

What is the vesting schedule for Kathleen Bardwell’s 12,331 VREX Deferred Stock Units?

The 12,331 Deferred Stock Units vest 100% on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders after the grant date. This single-vesting event structure concentrates vesting into one clear future milestone.

When will Varex Imaging Corp deliver common shares from these Deferred Stock Units?

Varex Imaging Corp will deliver common shares from the vested Deferred Stock Units on the earliest of three events: the third anniversary of the grant date, a change in control, or Kathleen Bardwell’s termination of service for any reason with the company.

Is Kathleen Bardwell’s ownership of the reported VREX Deferred Stock Units direct or indirect?

The filing shows Kathleen Bardwell’s ownership of the 12,331 Deferred Stock Units as direct. The ownership code is listed as “D,” and no nature of indirect beneficial ownership is indicated in the relevant transaction or accompanying footnotes.

What transaction code was used for Kathleen Bardwell’s VREX Deferred Stock Unit grant?

The transaction used code “A,” described as a grant, award, or other acquisition. This indicates the 12,331 Deferred Stock Units were awarded to Kathleen Bardwell, rather than purchased or sold in an open-market or cash transaction.