GUERTIN TIMOTHY E 4
4 · Varex Imaging Corp · Filed Feb 9, 2026
Research Summary
AI-generated summary of this filing
Varex (VREX) Director Guertin Receives 8,483 Shares
What Happened
Timothy E. Guertin, a director of Varex Imaging Corp (VREX), converted 8,483 deferred stock units (DSUs) into 8,483 shares of common stock on February 9, 2026. The Form 4 shows an exercise/conversion filing (transaction code M) for 8,483 shares acquired; a corresponding entry shows the derivative position disposed at $0.00. No cash sale or market disposition of the issued shares is reported in the filing.
Key Details
- Transaction date: February 9, 2026. Transaction code: M (exercise/conversion of derivative).
- Shares converted/acquired: 8,483 common shares. Disposed (derivative) entry: 8,483 at $0.00.
- Price/Value: No cash consideration reported; acquisition listed as N/A and disposal at $0.00.
- Footnotes: F1 — Each Deferred Stock Unit converts one-for-one into common stock. F2 — These DSUs were granted Feb 9, 2023, vested Feb 8, 2024; delivery of the vested DSUs in common stock occurred on Feb 9, 2026 (third anniversary of grant).
- Shares owned after transaction: Not specified in this Form 4.
- Timeliness: Filing date equals report date (Feb 9, 2026); not indicated as late.
Context
This was a conversion/delivery of vested deferred stock units rather than an open-market purchase or sale. Such conversions are routine compensation-related events for directors; because no sale or cash proceeds are reported, this filing does not indicate a disposition for cash.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-09+8,483→ 26,777 total - Exercise/Conversion
Deferred Stock Units
[F1][F2]2026-02-09−8,483→ 0 total→ Common Stock (8,483 underlying)
Footnotes (2)
- [F1]Each Deferred Stock Unit converts into common stock on a one-for-one basis.
- [F2]These Deferred Stock Units were issued on February 9, 2023, vested on February 8, 2024, and delivery of the vested Deferred Stock Units, in the form of common stock occurred on February 9, 2026, the third anniversary of the date of grant.