POLAN MARY LAKE PH D 4

What Happened

• Mary Lake Polan, Ph.D., a non-employee director of QuidelOrtho Corporation (QDEL), had restricted stock units (RSUs) released and converted into 973 shares of common stock (749 + 224) on 2026-06-06. The shares were recorded at $0.00 per share (no cash paid or received in the filing), reflecting settlement of previously granted RSUs rather than an open-market purchase or sale.

Key Details

• Transaction date(s): 2026-06-06; Form 4 filed: 2026-06-09.
• Items reported: Two RSU releases/awards (A) for 749 and 224 shares; corresponding derivative conversions/exercises (M) for the same amounts. Price reported: $0.00 per share.
• Total shares involved: 973 shares. No cash value reported on the form (shares issued upon RSU settlement).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: (F1) Release of RSUs previously reported on a Form 4; (F2) each RSU = one share; (F3) release was deferred under QuidelOrtho’s deferred compensation program for participating non-employee directors and occurred per the elected deferral schedule.
• Filing timeliness: Form 4 was filed three days after the transaction date (06-09 reporting transactions dated 06-06). The filing shows no explicit late-filing flag.

Context

• This was an RSU settlement/conversion event, not a market sale or purchase. The $0.00 reporting reflects internal conversion/settlement mechanics (no purchase price or cash sale).
• Such deferred-RSU releases for non-employee directors are routine compensation events and do not necessarily reflect the director’s buy/sell sentiment.