Form 4: Varex Imaging CFO Reports Stock Transactions
SEC Form 4 Filing
Shubham Maheshwari, CFO of Varex Imaging Corp, reports the vesting of restricted stock units and related tax withholding.
Summary
- Shubham Maheshwari, the Chief Financial Officer of Varex Imaging Corp, filed a Form 4 detailing changes in beneficial ownership.
- On May 15, 2025, 3,689 restricted stock units vested and converted into common stock.
- 919 shares were withheld to satisfy tax obligations at a price of $7.89.
- Maheshwari now directly owns 90,988 shares of common stock following the reported transactions.
- The reported transactions also include 2,000 shares purchased under the Varex Imaging Corporation 2017 Employee Stock Purchase Plan since the last Form 4 filing.
Sentiment
Score: 5
Explanation: This is a routine filing reflecting standard compensation practices; neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CFO's stock-based compensation and ownership in the company.
Key Dates
| Date | Description |
|---|---|
| May 21, 2021 | Date of grant for the Restricted Stock Units, vesting 50% on May 15, 2023 and 50% on May 15, 2025. |
| May 15, 2023 | First vesting date (50%) of the Restricted Stock Units granted on May 21, 2021. |
| May 15, 2025 | Date of transaction: Vesting of remaining 50% of restricted stock units and tax withholding. |
| May 16, 2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Varex Imaging Corp, Shubham Maheshwari, CFO, Stock, Restricted Stock Units, Beneficial Ownership, Vesting, Tax Withholding, Employee Stock Purchase Plan
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