Form 4: Varex Imaging Corp Director Timothy Guertin Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Timothy Guertin reports acquisition and disposal of Varex Imaging Corp stock and deferred stock units.

Summary

  • On February 14, 2025, Timothy Guertin, a director of Varex Imaging Corp, reported transactions involving the company's stock.
  • Guertin acquired 6,573 shares of common stock through the conversion of deferred stock units.
  • Guertin also disposed of 6,573 deferred stock units.
  • Following these transactions, Guertin directly owns 18,294 shares of common stock and 0 deferred stock units.
  • Guertin also owns 12,123 deferred stock units.
  • 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.
  • These 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 14, 2025.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by a company director. It doesn't inherently indicate 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 trading activities of company directors.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.

Key Dates

DateDescription
February 10, 2022Deferred Stock Units were issued.
February 9, 2023Deferred Stock Units vested.
February 13, 2025Date of transaction involving Deferred Stock Units.
February 14, 2025Date of stock acquisition and disposal, and delivery of vested Deferred Stock Units.

Keywords

Varex Imaging Corp, Timothy Guertin, Form 4, Stock Transaction, Deferred Stock Units, Director, Beneficial Ownership

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