Hanson Bryan Michael 4

What Happened
Bryan Michael Hanson, EVP Global Portfolio Management & Marketing at QuidelOrtho (QDEL), had 3,508 restricted stock units (RSUs) vest and convert into 3,508 shares on April 22, 2026. The RSUs converted at $0.00 per share (RSU issuance), and the company withheld 1,269 of those shares to satisfy tax withholding obligations at $11.90 per share, totaling $15,101. This was a routine equity compensation vesting event, not an open-market purchase or sale.

Key Details

• Transaction date: April 22, 2026 (reported on Form 4 filed April 24, 2026). Filing appears timely (within the usual 2-business-day window).
• Codes: A = Award/Grant (3,508 shares issued); M = Exercise/conversion of derivative (3,508 shares converted); F = Tax withholding (1,269 shares withheld).
• Withholding: 1,269 shares withheld at $11.90/share = $15,101 to satisfy tax liabilities.
• Vesting schedule: 3,508 shares vested on 4/22/2026; the remaining 3,508 RSUs are scheduled to vest on 4/22/2027.
• Each RSU equals one share (per filing footnote).
• Shares owned after the transaction: not specified in the provided filing details.

Context
This was a standard compensation vesting event (RSU release) with shares withheld to cover taxes — a routine administrative disposal rather than a market sale that signals opinion about the stock. For retail investors, purchases are typically more informative about insider conviction; vesting and withholding events usually reflect compensation mechanics.