Form 4: QuidelOrtho Director Kenneth J. Widder Reports Stock Option Exercise
SEC Form 4 Filing
Director Kenneth J. Widder exercised stock options to acquire 3,333 shares of QuidelOrtho Corp at $27.91 on July 19, 2024, and now holds 28,472 shares.
Summary
- On July 19, 2024, Kenneth J. Widder, a director of QuidelOrtho Corp, exercised non-qualified stock options.
- This transaction involved the acquisition of 3,333 shares of Common Stock at a price of $27.91 per share.
- Following the reported transaction, Widder directly owns 28,472 shares of Common Stock.
- The exercised stock options were fully vested on May 6, 2015, and expired on November 17, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock option exercise. It doesn't inherently convey strong positive or negative sentiment, but the exercise of options by a director could be seen as a mildly positive signal.
Positives
- The director's exercise of stock options could be interpreted as a positive signal, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential sentiment.
Stakeholder Impact
- Shareholders may view the director's stock option exercise as a sign of confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| May 6, 2015 | Date the non-qualified stock options vested in full |
| July 19, 2024 | Date of the stock option exercise and acquisition of shares |
| November 17, 2024 | Expiration date of the non-qualified stock options |
| July 23, 2024 | Date of signature on the Form 4 filing |
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