Hanson Bryan Michael 4
4 · QuidelOrtho Corp · Filed Apr 28, 2026
Research Summary
AI-generated summary of this filing
QuidelOrtho (QDEL) EVP Bryan Hanson Receives RSUs; Shares Withheld for Taxes
What Happened
Bryan Michael Hanson, EVP Global Portfolio Management & Marketing at QuidelOrtho (QDEL), had 1,459 restricted stock units (RSUs) vest on April 26, 2026. The RSUs converted into 1,459 common shares (transaction code M/A). To satisfy tax withholding obligations, the company withheld 528 of those shares at an implied price of $11.59 per share (transaction code F), yielding a tax withholding value of approximately $6,120. Net shares delivered to Hanson were 931.
Key Details
- Transaction date: April 26, 2026; Form 4 filed April 28, 2026.
- Grants/Conversion: 1,459 RSUs vested and converted to 1,459 shares (codes A and M) at $0.00 per share (RSUs convert, not purchased).
- Tax withholding: 528 shares withheld (code F) at $11.59 = ~$6,120 to satisfy tax liabilities.
- Net shares issued to insider: 1,459 − 528 = 931 shares.
- Footnotes: RSUs were previously reported on a Form 3 (F1). Each RSU equals one share (F3). 1,459 RSUs vested on April 26, 2026 (F4). Withholding of shares was to satisfy tax withholding obligations (F2).
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
This was a routine RSU vesting event with company share withholding to cover taxes (a common "share-withholding" rather than an open-market sale). Such tax-withholding dispositions are administrative and do not necessarily signal insider sentiment about the company's stock.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-26+1,459→ 4,598 total - Tax Payment
Common Stock
[F2]2026-04-26$11.59/sh−528$6,120→ 4,070 total - Exercise/Conversion
Restricted Stock Units
[F3][F4]2026-04-26−1,459→ 0 total→ Common Stock (1,459 underlying)
Footnotes (4)
- [F1]Reflects release of restricted stock units that were previously reported on a Form 3.
- [F2]Disposition of shares, as set forth above, was in connection with the Issuer's withholding of common shares to satisfy tax withholding obligations related to the issuance of common shares upon release of restricted stock units.
- [F3]Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock.
- [F4]1,459 shares vested on April 26, 2026.