Form 4: QuidelOrtho Executive Robert Bujarski Reports Stock Transactions
SEC Form 4 Filing
Robert Bujarski, Interim President, EVP & COO of QuidelOrtho Corp, reports the acquisition and disposition of company stock and restricted stock units on March 28, 2024.
Summary
- On March 28, 2024, Robert Bujarski, Interim President, EVP & COO of QuidelOrtho Corp, reported transactions involving the company's stock.
- He acquired 4,925 shares of common stock upon the release of restricted stock units.
- Simultaneously, he disposed of 2,805 shares to cover tax withholding obligations related to the release of these restricted stock units at a price of $47.94 per share.
- Following these transactions, Bujarski directly owns 44,500 shares of QuidelOrtho Corp common stock and 9,850 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Future Outlook
The remaining restricted stock units will vest in two equal installments on March 28, 2025, and March 28, 2026.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies to ensure transparency and compliance with securities regulations.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of stock acquisition and disposition, and vesting of 4,925 restricted stock units. |
| 03/28/2025 | Date of vesting for half of the remaining restricted stock units. |
| 03/28/2026 | Date of vesting for the final half of the remaining restricted stock units. |
| 04/01/2024 | Date of signature on the Form 4 filing. |
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