Form 4: QuidelOrtho EVP Michael S. Iskra Reports Stock Transactions
SEC Form 4
EVP & CCO Michael S. Iskra reports the release of restricted stock units and subsequent tax withholding of common shares.
Summary
- Michael S. Iskra, EVP & CCO of QuidelOrtho Corp, reported transactions involving common stock and restricted stock units on June 1, 2024.
- 3,594 restricted stock units were released, resulting in the acquisition of 3,594 shares of common stock.
- The release of restricted stock units was previously reported on a Form 4.
- 1,300 shares were disposed of to satisfy tax withholding obligations related to the release of the restricted stock units at a price of $44.19 per share.
- Following these transactions, Iskra directly owns 16,644 shares of common stock and 3,594 restricted stock units.
- The remaining 3,594 restricted stock units will vest on June 1, 2025.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The remaining 3,594 restricted stock units will vest on June 1, 2025.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 06/01/2024 | Release of 3,594 restricted stock units and disposition of 1,300 shares for tax withholding. |
| 06/01/2025 | Remaining 3,594 restricted stock units will vest. |
| 06/04/2024 | Date of signature for the Form 4 filing. |
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