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Insider Trends: Quidel Insider Gets Shares Award Sells Portion for Taxes

· 02/05/2021 13:57

06:49 PM EST, 02/05/2021 (MT Newswires) -- On Feb 03, 2021, Douglas C Bryant, Director and President & CEO, awarded 3,795 shares in Quidel (QDEL) and sold 1,882 shares concurrently to meet tax obligations. After accounting for tax obligations this transaction resulted in a net acquisition of 1,913 company shares. Bryant, following the transactions described in the Form 4 SEC filing, owns 457,736 shares of the company, which have a market value of $105 million as of the prior-day closing price.

During the most recent 90-day period, prior to the date of this filing, there have been 13 insider transactions reported to the SEC for Quidel. These transactions came from the activities of 7 different insiders that resulted in a net disposition of 4,377 company shares. This compares with the preceding 90-day window of time where there were 12 transactions from 6 insiders which resulted in the net acquisition of 30,145 shares.

This level of insider transactions is below that of the peer group average in the 100-company Advanced Medical Equipment & Technology peer group over the last 90-day period. Activity in the peer group averaged 103.5 transactions per company, and disposition of 3,467 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/353569/000120919121008292/xslF345X03/doc4.xml

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