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 on March 28, 2024.

Summary

  • On March 28, 2024, Michelle Hodges, SVP and General Counsel of QuidelOrtho Corp, reported transactions involving the company's common stock.
  • Hodges acquired 2,462 shares of common stock upon the release of restricted stock units.
  • Simultaneously, 879 shares were disposed of to satisfy tax withholding obligations related to the release of these restricted stock units at a price of $47.94 per share.
  • Following these transactions, Hodges directly owns 13,441 shares of QuidelOrtho Corp common stock and 4,926 restricted stock units.

Sentiment

Score: 5

Explanation: The document reflects routine stock transactions related to executive compensation, with no indication of positive or negative sentiment.

Future Outlook

The remaining 4,926 restricted stock units will vest in equal installments on March 28, 2025, and March 28, 2026.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, providing transparency to investors regarding insider transactions.

Stakeholder Impact

  • The transactions provide transparency to shareholders regarding executive stock ownership.

Key Dates

DateDescription
03/28/2024Date of stock transactions: release of restricted stock units and disposition of shares for tax obligations.
03/28/2025Next vesting date for remaining restricted stock units.
03/28/2026Final vesting date for remaining restricted stock units.
04/01/2024Date of Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.