Form 4: QuidelOrtho Corp: Officer Michelle Hodges Reports Stock Transactions
SEC Form 4 Filing
Michelle Hodges, Chief Legal Officer of QuidelOrtho Corp, reports the release of restricted stock units and disposition of shares to cover tax obligations on March 28, 2025.
Summary
- On March 28, 2025, Michelle Hodges, Chief Legal Officer of QuidelOrtho Corp, reported transactions involving the company's common stock.
- 2,463 restricted stock units were released, resulting in the acquisition of 2,463 shares of common stock.
- 882 shares were disposed of to satisfy tax withholding obligations related to the release of the restricted stock units at a price of $34.89 per share.
- Following these transactions, Hodges directly owns 23,163 shares of QuidelOrtho Corp common stock and 2,463 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an officer. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax-related stock sales.
Key Dates
| Date | Description |
|---|---|
| 03/28/2025 | Release of 2,463 restricted stock units and disposition of 882 shares for tax obligations. |
| 03/28/2025 | 2,463 shares vested. |
| 03/28/2026 | Remaining 2,463 shares will vest. |
| 04/01/2025 | Date of Form 4 filing. |
Keywords
Form 4, QuidelOrtho Corp, Michelle Hodges, Restricted Stock Units, Common Stock, Officer Transactions, Beneficial Ownership
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