GUERTIN TIMOTHY E 4
Research Summary
AI-generated summary
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.