Form 4: Varex Imaging Corp Director Jocelyn D. Chertoff Reports Stock Transactions

Director Jocelyn D. Chertoff reports acquisition and disposal of Varex Imaging Corp common stock and deferred stock units.

Summary

• On February 13, 2025, Jocelyn D. Chertoff, a director of Varex Imaging Corp, reported transactions involving the company's stock.
• Chertoff acquired 6,573 shares of common stock through the conversion of deferred stock units.
• Simultaneously, Chertoff disposed of 6,573 shares of common stock.
• Following these transactions, Chertoff directly owns 33,711 shares of Varex Imaging Corp.
• Chertoff also holds 12,123 deferred stock units.
• These deferred stock units convert into common stock on a one-for-one basis and vest on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders after the grant date.
• Vested shares will be delivered upon the earlier of the third anniversary of the grant date, a change in control, or termination of service.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in the director's holdings.
• The vesting of deferred stock units is part of the company's compensation plan for its directors.

Key Dates

Keywords

Varex Imaging Corp, Director, Jocelyn D. Chertoff, Stock Transactions, Form 4, Deferred Stock Units, Beneficial Ownership