Chiminski John R 4
4 · QuidelOrtho Corp · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
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.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-29+6,829→ 9,352 total - Exercise/Conversion
Restricted Stock Units (Equity Grant)
[F2][F3]2026-05-29−6,829→ 0 total→ Common Stock (6,829 underlying)
Footnotes (3)
- [F1]Reflects release of restricted stock units that were previously reported on a Form 4.
- [F2]Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock.
- [F3]The restricted stock units vested on May 29, 2026.