Hodges Michelle A 4

What Happened Michelle A. Hodges, Chief Legal Officer of QuidelOrtho Corporation (QDEL), had 3,198 restricted stock units (RSUs) convert to common shares on Feb 8, 2026. Of those shares, 1,148 were withheld/ disposed to satisfy tax withholding obligations at $29.10 per share, generating proceeds of $33,407. The conversion/award is reported as an acquisition (A) and the conversion of a derivative (M) with a related withholding disposition (F).

Key Details

• Transaction date: February 8, 2026; Form 4 filed Feb 10, 2026 (appears timely).
• Award/conversion: 3,198 RSUs converted to 3,198 common shares @ $0.00 (each RSU = 1 share).
• Tax withholding disposition: 1,148 shares withheld/disposed at $29.10 for $33,407 (code F).
• Footnotes: F1–F4 note these RSUs were previously granted, describe the withholding as satisfying tax obligations, confirm 1 RSU = 1 share, and show vesting schedule (3,197 vested 2/8/2025; 3,198 vested 2/8/2026; remaining 3,198 vest 2/8/2027).
• Shares owned after the transaction: not specified in the filing.

Context This was a routine RSU vesting event with a cashless tax-withholding disposition of a portion of the vested shares—not an open-market sale. Such withholding to cover taxes is standard and generally should not be read as a directional signal about the insider's market view.