[144] Quest Diagnostics Inc. SEC Filing
Quest Diagnostics (DGX) Form 144 notice shows a proposed sale of 72 shares of common stock through Fidelity Brokerage (approximate aggregate market value $12,960.00) with an approximate date of sale of 08/15/2025. The filer reports prior acquisitions via the company's ESPP: 12 shares acquired 01/31/2022 and 60 shares acquired 07/19/2024, both paid in cash. The filing also discloses a recent sale by Thomas P. Plewman of 5,535 shares on 08/06/2025 for gross proceeds of $968,625.00. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information and references trading-plan/Rule 10b5-1 provisions but does not state a plan adoption date.
- Disclosure compliance: The filer submitted a Form 144 detailing the proposed sale, acquisition history, and recent insider transactions, meeting Rule 144 notice requirements.
- Small proposed sale: The current filing shows a proposed sale of only 72 shares, a modest amount relative to the previously reported sale.
- Recent large insider sale: Thomas P. Plewman sold 5,535 shares on 08/06/2025 for gross proceeds of $968,625.00, which may draw investor scrutiny.
- No 10b5-1 plan date provided: The filing references trading-plan provisions but does not state a plan adoption date, reducing clarity on whether sales were pre-planned.
Insights
TL;DR: Small planned sale (72 shares) contrasts with a recent larger insider sale (5,535 shares for $968,625), which may attract investor attention.
The Form 144 documents a modest proposed disposition of 72 shares via Fidelity with an indicated aggregate market value of $12,960.00 and confirms prior ESPP purchases totaling 72 shares. Separately, a substantial sale by Thomas P. Plewman on 08/06/2025 of 5,535 shares for $968,625.00 is reported as securities sold during the past three months. From a trading-volume perspective the 5,535-share sale is materially larger than the current proposed sale and represents concrete insider liquidity. The filing contains no earnings, operational updates, or statements of intent for proceeds, so economic interpretation should be limited to disclosure of trading activity.
TL;DR: Disclosure is compliant but lacks any stated 10b5-1 plan date; recent insider sale may prompt governance questions.
The document fulfills Rule 144 notice requirements by listing the securities to be sold, acquisition history via ESPP, and recent insider sales. It includes the customary certification that no undisclosed material adverse information exists. The form does not indicate a Rule 10b5-1 plan adoption date or other trading-plan details, which would clarify whether sales were pre-planned versus discretionary. For governance transparency, investors often prefer explicit plan dates; their absence limits interpretability of insider intent.