Research Summary
AI-generated summary of this SEC filing
QuidelOrtho CEO Brian J. Blaser Buys 10,540 Shares
What Happened
Brian J. Blaser, President and CEO of QuidelOrtho Corp. (QDEL), purchased 10,540 shares in open-market transactions on February 13, 2026. The transactions totaled approximately $248,661, with a weighted average price of $23.5921 per share (reported range $23.42–$23.94). This was a purchase (reporting code P), which is generally viewed as a direct insider acquisition rather than a sale.
Key Details
- Transaction date: 2026-02-13 (reported and filed same day).
- Transaction type: Open market purchase (Code P).
- Shares purchased: 10,540.
- Price: weighted average $23.5921; range $23.4200 to $23.9400 per share.
- Total value: ~$248,661.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: The filer notes the weighted-average price above and offers to provide the number of shares purchased at each separate price upon request (Footnote F1).
- Timeliness: Filing date matches report date; no late filing indicated.
Context
This was a straightforward open-market purchase by the company’s CEO (not an option exercise, gift, or tax-withholding event). Insider purchases are often considered more informative than sales, but they do not by themselves indicate the insider’s motivations or guarantee future stock performance.