QuidelOrtho (QDEL) Director John Chiminski Receives 6,829-Share Award

What Happened John R. Chiminski, a director of QuidelOrtho Corporation (QDEL), had 6,829 restricted stock units (RSUs) vest and convert into 6,829 shares on May 29, 2026. The Form 4 shows an award/acquisition (code A) of 6,829 shares at $0.00 and an exercise/conversion of the derivative RSUs (code M) for 6,829 units at $0.00 — total cash exchanged $0. This reflects equity compensation vesting and conversion, not an open-market purchase or sale.

Key Details

• Transaction date: May 29, 2026; Form 4 filed June 2, 2026 (Accession 0001482197-26-000002).
• Shares moved: 6,829 RSUs vested and were converted into 6,829 common shares. Reported prices: $0.00 (no cash payment).
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnotes: F1 — release of RSUs previously reported on a Form 4; F2 — each RSU equals one share; F3 — RSUs vested on May 29, 2026.
• No late‑filing flag was provided in the supplied data.

Context RSUs are a form of equity compensation that convert to company shares when they vest; here the RSUs vested and were converted to common stock (the M code indicates conversion/exercise of a derivative). Because no shares were sold, this action does not indicate a sell signal; it simply documents compensation vesting and issuance of shares to the director.