Form 4: Varex Imaging Corp Director Jay K. Kunkel Reports Transaction in Common Stock and Deferred Stock Units

Sentiment:

SEC Form 4


Director Jay K. Kunkel reports acquisition and disposal of Varex Imaging Corp common stock and deferred stock units.

Summary

  • On February 13, 2025, Jay K. Kunkel, a director of Varex Imaging Corp, reported transactions involving the company's common stock and deferred stock units.
  • Kunkel acquired 6,573 shares of common stock through the conversion of deferred stock units.
  • Kunkel also disposed of 6,573 shares of common stock.
  • Following these transactions, Kunkel directly owns 25,052 shares of common stock.
  • Kunkel also directly owns 12,123 deferred stock units.
  • These 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.
  • The deferred stock units were issued on February 10, 2022, vested on February 9, 2023, and delivery of the vested Deferred Stock Units, in the form of common stock, occurred on February 13, 2025, the date of the Issuer's 2025 Annual Meeting.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating routine transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Key Dates

DateDescription
02/10/2022Date the Deferred Stock Units were issued
02/09/2023Date the Deferred Stock Units vested
02/13/2025Date of transaction and Issuer's 2025 Annual Meeting; delivery of vested Deferred Stock Units in the form of common stock
02/14/2025Date of signature

Keywords

Varex Imaging Corp, Form 4, Director, Stock, Deferred Stock Units, Kunkel, VREX, Beneficial Ownership

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