Form 4: Varex Imaging Corp Executive Hartmann Reports Stock Transactions

Andrew Hartmann, SVP and GM of Detectors at Varex Imaging Corp, reports the vesting of restricted stock units and subsequent tax withholding.

Summary

• On February 15, 2025, Andrew Hartmann, SVP and GM, Detectors at Varex Imaging Corp, had 5,762 Restricted Stock Units (RSUs) vest.
• These RSUs converted into common stock on a one-for-one basis.
• Hartmann also disposed of 2,720 shares to cover tax withholding obligations at a price of $13.27 per share.
• Following these transactions, Hartmann directly owns 27,219 shares of Varex Imaging Corp common stock.
• The RSUs were granted on February 16, 2021, and vested in two tranches: 50% on February 15, 2023, and 50% on February 15, 2025.

Sentiment

Score: 5

Explanation: This is a routine filing related to executive compensation, with no particularly positive or negative implications.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted equity compensation.

Stakeholder Impact

• The vesting of RSUs and subsequent tax withholding has a minor dilutive effect on existing shareholders.

Key Dates

Keywords

Varex Imaging Corp, Andrew Hartmann, Form 4, Restricted Stock Units, Stock Vesting, Tax Withholding, Insider Trading