GUERTIN TIMOTHY E 4

What Happened
Timothy E. Guertin, a director of Varex Imaging Corp (VREX), was granted 12,331 Deferred Stock Units on 2026-02-12. The grant was recorded as an award/derivative transaction (code A) at a $0.00 per-unit price (no cash paid). These units are not immediate common shares but convert into common stock on a one-for-one basis per the filing.

Key Details

• Transaction date: 2026-02-12 (reported on Form 4 filed 2026-02-13).
• Grant: 12,331 Deferred Stock Units; reported acquisition price $0.00 (derivative award).
• Shares owned after transaction: not specified in the filing.
• Footnotes:
  • F1 — Each Deferred Stock Unit converts into one common share.
  • F2 — Units 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 grant, (ii) a change in control, or (iii) the director’s termination of service.
• Timeliness: Filing appears timely (reported the next day), so no late-filing implications noted.

Context
Deferred Stock Units are a common form of director compensation and are different from open-market purchases or sales — they represent a future right to receive shares subject to vesting/delivery conditions. Because no cash was exchanged and delivery is deferred, this award is a compensation event rather than an immediate market signal of insider buying or selling.