McLellan Philip D., Chief Operations Officer, has engaged in a series of transactions involving shares of QuidelOrtho Corporation (QDEL) as disclosed in SEC Form 4 filings. Over the course of 31 trades, McLellan has exclusively sold shares, with no recorded purchases, resulting in a total sell value of $197,006.38. The transactions span several years, with notable activity concentrated in late January 2026 and earlier dates such as June 2025 and February 2025. For instance, on January 29, 2026, McLellan executed a sale valued at $55,285.97, followed by additional sales on January 31, 2026, totaling $44,205.59 across multiple transactions. Earlier sales include a $56,227.82 transaction on June 30, 2025, and a $6,040.94 sale on February 1, 2025.
The pattern of McLellan’s trades reveals a consistent bias toward selling, with no evidence of buying activity. All transactions involve QDEL, indicating a singular focus on this company’s stock. The sales are primarily categorized under transaction code "F," denoting open market or private sales, while other codes such as "M" and "A" appear to represent derivative transactions or acquisitions with no associated value. This activity suggests a deliberate reduction in McLellan’s holdings in QDEL over time, though the filings provide no context for the motivations behind these sales. The data underscores a clear trend of divestment, reflecting McLellan’s ongoing adjustment of his position in QuidelOrtho Corporation.
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