Form 4: Varex Imaging Corp CFO Shubham Maheshwari Reports Stock Transactions

Shubham Maheshwari, CFO of Varex Imaging Corp, reports the vesting and conversion of restricted stock units into common stock, along with a transaction to cover tax obligations.

Summary

• On August 15, 2024, Shubham Maheshwari, the Chief Financial Officer of Varex Imaging Corp, executed transactions involving the company's stock.
• Maheshwari converted 30,315 Restricted Stock Units (RSUs) into common stock.
• He also disposed of 7,579 shares of common stock to satisfy tax withholding obligations at a price of $12.58 per share.
• Following these transactions, Maheshwari directly owns 78,799 shares of Varex Imaging Corp common stock.
• The RSUs that vested were part of a grant made on October 2, 2020.

Sentiment

Score: 5

Explanation: This is a neutral reporting of stock transactions by a company executive, with no inherent positive or negative implications for the company's performance.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC when corporate insiders, like the CFO, trade their company's stock. It provides transparency to the market regarding the transactions of company executives.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation activities.

Key Dates