Form 4: Varex Imaging SVP Honeysett Reports Stock Transactions

Kimberley E. Honeysett, SVP and CLO of Varex Imaging Corp, reports the vesting and subsequent tax withholding of restricted stock units.

Summary

• On February 15, 2025, Kimberley E. Honeysett, SVP and CLO of Varex Imaging Corp, had 5,762 Restricted Stock Units (RSUs) vest.
• These RSUs were granted on February 16, 2021, and vested in two tranches: 50% on February 15, 2023, and the remaining 50% on February 15, 2025.
• Following the vesting, 2,835 shares were withheld to satisfy tax obligations at a price of $13.27 per share.
• After these transactions, Honeysett directly owns 7,597 shares of common stock and indirectly owns 195 shares through a trust.
• She also continues to hold 0 Restricted Stock Units.

Sentiment

Score: 5

Explanation: This is a neutral event, reflecting scheduled vesting and standard tax procedures. It doesn't inherently indicate positive or negative sentiment about the company's performance.

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 executives regarding their holdings of company stock.

Stakeholder Impact

• The transaction has a minor dilutive effect on existing shareholders due to the issuance of new shares upon vesting.
• The tax withholding benefits the government.

Key Dates

Keywords

Varex Imaging Corp, Kimberley E. Honeysett, Restricted Stock Units, Vesting, Form 4, Insider Trading, Stock Options, VREX