Rosebrough Walter M Jr 4
Research Summary
AI-generated summary
Varex (VREX) Director Walter M. Rosebrough Receives Stock Award
What Happened
- Walter M. Rosebrough Jr., a director of Varex Imaging Corp (VREX), was granted 14,947 deferred stock units (DSUs) on February 12, 2026. The award is recorded at $0.00 per unit (derivative award), so no cash was exchanged. This is a grant/award (transaction code A), not a purchase or sale.
Key Details
- Transaction date: 2026-02-12; Form 4 filed: 2026-02-13.
- Grant: 14,947 Deferred Stock Units (DSUs) at $0.00 (derivative).
- Shares owned after transaction: not specified in the filing.
- Footnote highlights:
- F1: Each DSU converts into one common share on a one-for-one basis.
- F2: DSUs vest 100% at the earlier of (i) one year after grant or (ii) the next annual meeting; vested shares are delivered upon the earlier of (i) the third anniversary of the grant, (ii) a change in control, or (iii) the reporting person’s termination of service.
- Filing appears timely (filed the day after the transaction).
Context
- This is an equity compensation award to a director rather than an open‑market purchase or sale; such grants are common for director compensation and do not by themselves indicate a trading decision. Because these are deferred units, they convert to actual shares only upon vesting and settlement conditions described above.