Form 4: Varex Imaging Corp Director Kathleen Bardwell Reports Stock Unit Conversion

Director Kathleen Bardwell reports the conversion of deferred stock units into common stock and the vesting of additional units.

Summary

• Kathleen Bardwell, a director of Varex Imaging Corp, reported a transaction involving deferred stock units.
• On February 13, 2025, 3,619 deferred stock units were converted into common stock.
• Additionally, Bardwell acquired 12,123 deferred stock units that 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.
• These 3,619 Deferred Stock Units were issued on August 18, 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.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock unit conversion and vesting, with no inherent positive or negative implications.

Industry Context

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

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects the conversion of existing stock units into common stock.

Key Dates

Keywords

Varex Imaging Corp, Director, Kathleen Bardwell, Deferred Stock Units, Common Stock, Form 4, Beneficial Ownership, Vesting