QuidelOrtho Corp·4

Jun 9, 4:07 PM ET

WIDDER KENNETH J 4

4 · QuidelOrtho Corp · Filed Jun 9, 2026

Research Summary

AI-generated summary of this filing

Updated

QuidelOrtho (QDEL) Director Kenneth Widder Receives 1,183 Shares

What Happened
Kenneth J. Widder, a director of QuidelOrtho Corporation (QDEL), had a total of 1,183 restricted stock units (910 + 273) released on June 6, 2026. The filing shows these RSUs converted into 1,183 common shares at $0.00 per share (total $0), reflecting vested awards previously reported. This was not a purchase or a sale — it was the delivery of shares from previously awarded RSUs under the company’s director deferred compensation program.

Key Details

  • Transaction date: June 6, 2026; Form 4 filed June 9, 2026 (timely).
  • Reported entries: two Award/Acquisition (code A) entries for 910 and 273 shares @ $0.00; two Exercise/Conversion (code M) entries for the same amounts (reflecting conversion of derivative RSUs).
  • Total shares received: 1,183 shares; total reported cash value: $0.00 (these were previously granted awards).
  • Footnotes: F1–F3 state these were releases of previously reported RSUs, each RSU equals one share, and the release was deferred per the non-employee director deferred compensation program and occurred per the elected schedule.
  • Shares owned after the transaction: not specified in the information provided.

Context
The filing shows conversion/release of deferred RSUs rather than an open-market buy or sale. The dual M (conversion) and A (acquisition) entries are common when derivative awards (RSUs) are converted to actual shares and then delivered. There is no indication the shares were immediately sold (i.e., this is not a cashless exercise or disposition). This is routine compensation-related insider reporting, not necessarily a signal of buying or selling intent.

Insider Transaction Report

Form 4
Period: 2026-06-06
Transactions
  • Award

    Common Stock

    [F1]
    2026-06-06+91044,800 total
  • Award

    Common Stock

    [F1]
    2026-06-06+27345,073 total
  • Exercise/Conversion

    Restricted Stock Units (Converted)

    [F2][F3]
    2026-06-069100 total
    Common Stock (910 underlying)
  • Exercise/Conversion

    Restricted Stock Units (Premium)

    [F2][F3]
    2026-06-062730 total
    Common Stock (273 underlying)
Footnotes (3)
  • [F1]Reflects release of restricted stock units that were previously reported on a Form 4.
  • [F2]Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock.
  • [F3]Release of restricted stock units was deferred pursuant to QuidelOrtho's deferred compensation program applicable to participating non-employee directors and occurred according to the elected deferred schedule.
Signature
/s/ Phillip S. Askim, attorney-in-fact for Kenneth J. Widder|2026-06-09

Documents

1 file
  • 4
    wk-form4_1781035629.xmlPrimary

    FORM 4