POLAN MARY LAKE PH D 4

What Happened
Mary Lake Polan, a director of QuidelOrtho Corporation (QDEL), had 6,829 restricted stock units (RSUs) vest on May 29, 2026. The filing shows an award/acquisition of 6,829 shares (code A) and a simultaneous conversion/exercise of a derivative (code M) for 6,829 shares at $0.00 — reflecting the release/settlement of previously granted RSUs into common stock (no cash purchase).

Key Details

• Transaction date: May 29, 2026 (RSUs vested and converted to shares).
• Filing date / accession: Filed June 2, 2026 (Accession 0001187716-26-000002).
• Amounts: 6,829 RSUs released and converted into 6,829 shares; reported price $0.00 per share (typical for RSU settlements).
• Footnotes: F1–F3 indicate these were previously reported RSUs, each RSU equals one share, and the RSUs vested on May 29, 2026.
• Shares owned after transaction: Not specified in the provided filing.
• Timeliness: The Form 4 was filed three business days after the May 29 vest date; insider reports are generally due within two business days, so this filing may be late.

Context

• This was an award/settlement of RSUs, not an open-market purchase or sale — RSU vesting converts a promise into actual company shares and does not by itself signal a buy/sell decision.
• The M code reflects conversion/exercise of the derivative (the RSU) into common stock; no immediate sale is reported in this filing.
• For retail investors, RSU vesting is common compensation-related insider activity and should be interpreted differently than open-market purchases or sales.