Form 4: Varex Imaging Corp Director Christine Tsingos Reports Stock Unit Conversion and Share Delivery

Director Christine Tsingos reports the conversion of deferred stock units into common stock and the delivery of vested shares following Varex Imaging Corp's 2025 Annual Meeting.

Summary

• On February 13, 2025, Christine Tsingos, a director of Varex Imaging Corp, reported transactions involving deferred stock units.
• 6,573 deferred stock units were converted into common stock.
• 12,123 deferred stock units were acquired.
• The delivery of 6,573 vested deferred stock units, issued on February 10, 2022, occurred on February 13, 2025, coinciding with the Issuer's 2025 Annual Meeting.
• Following these transactions, Ms. Tsingos directly owns 34,172 shares of common stock and 12,123 deferred stock units.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing reflecting standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment.

Future Outlook

The deferred stock units vest 100% on the earlier of (i) the one-year anniversary of the date of the grant and (ii) the next annual meeting of stockholders that occurs after the date of grant. Vested shares will be delivered to the reporting person upon the earlier of (i) the third anniversary of the date of grant (ii) a change in control or (iii) the reporting person's termination of service for any reason.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• The vesting and delivery of shares may have a minor dilutive effect on existing shareholders.

Key Dates

Keywords

Varex Imaging Corp, Director, Christine Tsingos, Deferred Stock Units, Common Stock, Beneficial Ownership, Form 4, VREX