Form 4: Varex Imaging Corp Director Walter M. Rosebrough Jr. Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Walter M. Rosebrough Jr. reports acquisition and disposal of Varex Imaging Corp common stock and deferred stock units.

Summary

  • On February 13, 2025, Walter M. Rosebrough Jr., a director of Varex Imaging Corp, reported transactions involving the company's stock.
  • Rosebrough acquired 6,573 shares of common stock through the conversion of deferred stock units.
  • He also acquired 14,695 deferred stock units.
  • Following these transactions, Rosebrough directly owns 42,315 shares of common stock and 14,695 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.
  • 6,573 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.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard disclosure of stock transactions by a company director. The acquisition of shares and deferred stock units suggests a positive outlook, but it's not overtly bullish.

Positives

  • The acquisition of deferred stock units and common stock by a director signals confidence in the company's future.

Future Outlook

The vesting schedule of the deferred stock units indicates a continued alignment of the director's interests with those of the shareholders.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders and provides transparency to the market regarding their transactions in the company's stock.

Stakeholder Impact

  • The transactions could have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.

Key Dates

DateDescription
02/10/20226,573 Deferred Stock Units were issued
02/09/20236,573 Deferred Stock Units vested
02/13/2025Director reported acquisition and disposal of common stock and deferred stock units; delivery of 6,573 vested Deferred Stock Units in the form of common stock occurred
02/14/2025Date of signature for the Form 4 filing

Keywords

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

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