[144] Quest Diagnostics Inc. SEC Filing
Quest Diagnostics (DGX) filed a Form 144 reporting a proposed sale of 1,903 common shares through Fidelity Brokerage Services (900 Salem Street, Smithfield, RI) with an approximate aggregate market value of $342,54008/15/2025. The filing lists total shares outstanding as 111,823,441. The document also discloses a recent sale by Thomas P. Plewman of 5,535 common shares on 08/06/2025 for gross proceeds of $968,625. The record of acquisition shows numerous small purchases and vesting events (ESPP purchases, dividend reinvestments, restricted stock vesting) between 02/01/2021 and 06/28/2024 that underlie the holdings to be sold.
- Transparent disclosure of proposed insider sale in compliance with Rule 144
- Detailed acquisition history showing shares were acquired via ESPP, dividend reinvestment, and restricted stock vesting
- Insider selling reported: proposed sale of 1,903 shares (aggregate value $342,540) and recent sale of 5,535 shares for $968,625
Insights
TL;DR: This Form 144 reports routine insider selling and prior recent sales; the amounts disclosed are modest relative to a large-cap issuer.
The filing notifies the market of a proposed sale of 1,903 common shares via Fidelity with an aggregate market value of $342,540 and records a recent sale of 5,535 shares by Thomas P. Plewman for $968,625. The acquisition history is composed mainly of ESPP purchases, dividend reinvestments, and periodic restricted stock vesting events, indicating routine compensation and employee share-purchase activity rather than a single large grant being monetized. From an investor-impact perspective, the filing is a disclosure of insider liquidity activity; it does not, by itself, provide evidence of material company-specific developments.
TL;DR: The notice shows compliance with Rule 144 disclosure for an insider sale and documents the provenance of shares through standard employee programs.
The Form 144 documents the seller's representation that no material nonpublic information exists and enumerates how the securities were acquired (ESPP, dividends, vesting). The granular acquisition schedule supports that the shares are and were acquired through customary compensation and purchase plans. No information in the filing indicates regulatory, governance, or control changes. This appears to be routine insider liquidity with appropriate disclosure filed.