Chief Financial Officer · Varex Imaging Corp (VREX)

Shubham Maheshwari

A named executive officer of Varex Imaging in every fiscal year CompBrief holds from FY2020 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$1,860,580

FY2024: $1,707,368

2nd of 5 named executive officers at Varex Imaging by FY2025 total.

5 named officers on file for Varex Imaging, FY2025

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What this number hides

The filing gives the total. Varex Imaging’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed December 29, 2025 (DEF 14A). Insider transactions since that proxy, current to 2026-11-07.

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Shubham Maheshwari compensation by year

Varex Imaging Summary Compensation Table · all 6 fiscal years held
In US dollars, as Varex Imaging reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2020FY2021FY2022FY2023FY2024FY2025
Salary$88,461$460,000$470,769$492,462$515,789$534,877
Bonus$0$272$0$0$0$0
Stock awards$749,993$187,475$397,478$397,491$1,099,873$781,974
Option awards$749,999$187,493$397,489$397,498$0$0
Non-equity incentive$26,000$448,500$339,000$222,770$76,965$529,729
Pension and deferred compensation$0$0$0$0$0$0
All other$0$172,606$68,081$14,504$14,741$14,000
Total$1,614,453$1,456,346$1,672,817$1,524,725$1,707,368$1,860,580

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Varex Imaging Corp DEF 14A filed December 29, 2025, accession 0001104659-25-124842, and prior-year filings.

How this page was built: the Varex Imaging Corp filed document, accession 0001104659-25-124842. Every figure is read from that document and cited to the page and table it appears in. Filed December 29, 2025.

$1.6M
$1.5M
$1.7M
$1.5M
$1.7M
$1.9M
FY20
FY21
FY22
FY23
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU27,932$333,508—
RSU25,307$302,165—
PSU16,870$201,428—
RSU9,878$117,943—
RSU7,366$87,950—
PSU7,137$85,216—
RSU5,521$65,921—
PSU4,655$55,581—
PSU3,949$47,151—
RSU2,606$31,116—
RSU1,677$20,023—
Option2,059—$30.95

Per the Outstanding Equity Awards at Fiscal Year-End table in Varex Imaging Corp's FY2025 proxy; value at the fiscal year-end close, as the company printed it. The 12 largest of 13 award rows shown.

Insider transactions since the last proxy

3 Form 4 lines since the FY2025 proxy (filed December 29, 2025)
current to 2026-11-07 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-09-11Sale—130,000$18.46139,972
2026-09-11Exercise or conversion—160,944$13.61269,972
2026-09-11Exercise or conversion derivative—160,944$0.000

The 3 most recent of 3 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

Change-in-control & termination

estimated payments Varex Imaging discloses, by trigger · FY2025
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Change in control and involuntary termination$1,428,350$1,417,433$0$2,845,784
Change in control, no termination—$579,484—$579,484
Death—$1,417,433—$1,417,433
Disability—$1,417,433—$1,417,433

Per the Potential Payments Upon Termination or Change in Control table in Varex Imaging Corp's FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.

Varex Imaging’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Sunny SanyalPresident and Chief Executive Officer$4,634,688
Shubham Maheshwari · this pageChief Financial Officer$1,860,580
Kimberley HoneysettFormer SVP, CLO and Corporate Secretary$1,266,317
Andrew HartmannSVP and General Manager, Detectors$1,256,113
Mark JonaitisSVP and General Manager, X-Ray Sources$1,184,198

The full Varex Imaging compensation record

free company brief

This page is one person within Varex Imaging's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the Varex Imaging proxy · each links to its own free brief

Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Varex Imaging's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

Shubham Maheshwari's compensation dossier