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Director at Varex Imaging (VREX) awarded 14,947 deferred stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Varex Imaging Corp director Walter M. Rosebrough Jr. received a grant of 14,947 Deferred Stock Units on February 12, 2026. These units were awarded at a price of $0 as a form of equity compensation and are held as a derivative security.

Each Deferred Stock Unit converts into one share of Varex Imaging common stock. The units vest 100% on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders, and the underlying shares will be delivered on the earlier of the third anniversary of the grant, a change in control, or the director’s termination of service.

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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*
Rosebrough Walter M Jr

(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 14,947 (2) (2) Common Stock 14,947 $0 14,947 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/ Walter M. Rosebrough Jr. 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 in this Form 4?

Varex Imaging Corp reported that director Walter M. Rosebrough Jr. received 14,947 Deferred Stock Units as an equity award. These derivative units were granted at a price of $0 and are designed to convert into common stock under specified vesting and delivery conditions.

How many Deferred Stock Units did the VREX director acquire and at what price?

The director acquired 14,947 Deferred Stock Units at a grant price of $0 per unit. These units represent a form of stock-based compensation that will ultimately convert into common shares of Varex Imaging Corp on a one-for-one basis once the vesting and delivery conditions are satisfied.

When do the Varex Imaging (VREX) Deferred Stock Units vest for the director?

The Deferred Stock Units vest 100% on the earlier of one year after the grant date or the next annual meeting of stockholders. This structure ties vesting to either a time-based milestone or the company’s normal governance cycle, whichever occurs first for the director’s award.

When will the VREX director receive common shares from these Deferred Stock Units?

Vested shares will be delivered upon the earlier of the third anniversary of the grant date, a change in control, or the director’s termination of service. This means settlement into common stock is deferred until a long-term time milestone or a major corporate or service-status event occurs.

What does each Deferred Stock Unit represent for Varex Imaging Corp (VREX)?

Each Deferred Stock Unit represents the right to receive one share of Varex Imaging common stock in the future. The units do not immediately deliver shares but convert on a one-for-one basis once vesting requirements are met and one of the specified delivery events has occurred.

Is the VREX director’s Deferred Stock Unit award reported as direct or indirect ownership?

The award is reported as directly owned by the director. Following the reported transaction, the director is shown as directly holding 14,947 Deferred Stock Units, reflecting his personal beneficial interest in this stock-based compensation linked to Varex Imaging common shares.
Varex Imaging Corp

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Medical Devices
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United States
SALT LAKE CITY