Varex Imaging Corp·4

Feb 9, 4:14 PM ET

Rosebrough Walter M Jr 4

Research Summary

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Varex (VREX) Director Rosebrough Receives 10,339 Shares

What Happened
Walter M. Rosebrough Jr., a director of Varex Imaging Corp. (VREX), had 10,339 deferred stock units (DSUs) converted into common shares on February 9, 2026 (transaction code M — exercise/conversion of a derivative). The filing reports an acquisition of 10,339 shares (price N/A) and a simultaneous disposition of 10,339 shares at $0 (reported value $0). This was a conversion/delivery of vested compensation units rather than a market purchase or sale.

Key Details

  • Transaction date: 2026-02-09 (report filed same day).
  • Reported activity: Acquired 10,339 shares (conversion); Disposed 10,339 shares at $0.
  • Acquisition price: N/A; Disposal price: $0; reported dollar value of disposal: $0.
  • Shares owned after the transaction: not disclosed in the provided filing excerpt.
  • Footnotes: F1 — Each Deferred Stock Unit converts one-for-one into common stock. F2 — These DSUs were granted on 2023-02-09, vested on 2024-02-08, and delivery of vested DSUs in common stock occurred on 2026-02-09 (third anniversary of grant).
  • Filing timeliness: Report shows the period of report and filing date as 2026-02-09 (no late-filing indicator in the provided data).

Context
This was a routine conversion of vested deferred stock units into shares (a compensation-related event) rather than an open-market trade. The filing also shows a simultaneous disposal of the same number of shares at $0; companies commonly report similar disposals when shares are withheld to satisfy tax withholding or fees associated with delivery of vested awards. No market purchase or sale for investment gain is indicated by this filing.