Bardwell Kathleen 4

What Happened

• Kathleen Bardwell, a director of Varex Imaging Corp (VREX), was granted 12,331 Deferred Stock Units on 2026-02-12. The units were reported as an award (transaction code A) with an acquisition price of $0.00; they are derivative awards that convert into common shares on a one-for-one basis and are not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-02-12; filing date: 2026-02-13 (timely filing).
• Award: 12,331 Deferred Stock Units (acquisition price reported as $0.00).
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote F1: Each Deferred Stock Unit converts into one common share.
• Footnote F2: Units vest 100% at 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.
• Transaction type: derivative equity award (not an immediate cash transaction or sale).

Context

• Deferred stock units are a common form of director compensation and are typically not an immediate signal of buying/selling interest since conversion and delivery are delayed per the vesting/delivery rules. Because these units convert one-for-one into common stock when delivered, they represent potential future share issuance rather than an immediate change in public float.