QDEL.NASDAQQuidelortho CORP

Form 4: QuidelOrtho SVP, General Counsel Michelle Hodges Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Michelle Hodges, SVP and General Counsel of QuidelOrtho Corp, reports the release of restricted stock units and disposition of shares to cover tax obligations.

Summary

  • On October 15, 2024, Michelle Hodges, SVP and General Counsel of QuidelOrtho Corp, reported transactions involving QuidelOrtho Corp common stock.
  • 390 restricted stock units vested, resulting in the acquisition of 390 shares of common stock at $0.00.
  • 140 shares were disposed of at a price of $40.2 to satisfy tax withholding obligations related to the vesting of the restricted stock units.
  • Following these transactions, Hodges beneficially owns 13,961 shares of QuidelOrtho Corp common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock transactions, indicating a neutral sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to stock-based compensation for a company executive, and is a normal part of corporate governance.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they relate to executive compensation and tax obligations.

Key Dates

DateDescription
10/15/2024Date of the reported transactions: release of restricted stock units and disposition of shares.
10/17/2024Date of signature on the Form 4 filing.

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