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Nasdaq Listing Rule 5635(c)(4) is the regulatory basis for a restricted stock unit grant the Compensation Committee of QuidelOrtho Corporation's (Nasdaq: QDEL) Board of Directors approved on July 15, 2026.
QuidelOrtho, based in San Diego and listed on Nasdaq under the ticker QDEL, describes itself as a leading global provider of diagnostic solutions.
The announcement, distributed through PRNewswire, classified the equity award as an inducement grant. Approving body The Compensation Committee of the Board of Directors is the named authority that cleared the RSU award.
The committee's scope covers equity compensation decisions at the company, and its clearance on July 15 formally established the grant under the cited Nasdaq rule.
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