Chertoff Jocelyn D 4

What Happened Jocelyn D. Chertoff, a director of Varex Imaging Corp (VREX), received a grant of 12,331 deferred stock units (DSUs) on February 12, 2026. The award is recorded as a derivative acquisition at $0.00 per unit (no cash paid). Each DSU converts into one share of common stock when delivered, so the award represents a potential future issuance of up to 12,331 shares.

Key Details

• Transaction date: 2026-02-12; filing date: 2026-02-13 (timely filed).
• Reported price: $0.00 (this is a grant/award, not a market purchase).
• Units awarded: 12,331 Deferred Stock Units (derivative instrument).
• Shares owned after transaction: not specified in the filing.
• Footnote highlights:
  • F1: Each DSU converts into common stock on a one-for-one basis.
  • F2: DSUs vest 100% on the earlier of (i) one year after grant or (ii) the next annual meeting; vested shares will be delivered on the earlier of (i) the third anniversary of the grant, (ii) a change in control, or (iii) the reporting person's termination of service.
• No indication of a 10b5-1 plan, tax-withholding sale, or immediate cashless exercise.

Context This was a compensation award to a board director (non-cash, deferred). DSU grants are common for director compensation and do not represent an immediate market purchase or sale. The economic value to the director will depend on Varex’s share price when the DSUs convert and shares are delivered.