[144] Quest Diagnostics Inc. SEC Filing
Form 144 notice for Quest Diagnostics (DGX) shows a proposed sale of 4,532 common shares through Fidelity Brokerage Services on the NYSE with an aggregate market value of $829,356.00 and an approximate sale date of 08/19/2025. The shares were acquired on 08/19/2025 under options originally granted 02/18/2020 and payment is indicated as cash. The filer also reported two recent sales by the same person: 5,535 shares on 08/06/2025 for $968,625.00 and 1,975 shares on 08/15/2025 for $355,499.90. The filing includes the standard representation that the seller is not aware of undisclosed material adverse information.
- Full Rule 144 disclosure provided including broker, share counts, market value, and acquisition details
- Recent sales reported with gross proceeds, increasing transparency about insider transactions
- Insider sales totaling 7,510 shares in August 2025 could be perceived negatively by some investors despite no disclosed material nonpublic information
- No 10b5-1 plan adoption date provided in the visible remarks, leaving plan reliance unclear
Insights
TL;DR: Routine insider sale of option-derived shares; transaction appears procedural rather than indicative of company performance.
The filing documents an insider selling 4,532 shares derived from previously granted options, with contemporaneous cash payment and execution via a broker on the NYSE. Recent completed sales totaling 7,510 shares in August 2025 are disclosed, with aggregate reported proceeds of $1,324,124.90. For investors, this is a transparent disclosure of insider liquidity but does not by itself provide evidence of operational change or material information about Quest Diagnostics.
TL;DR: Filing meets Rule 144 disclosure requirements; includes required seller attestation and trading plan language.
The notice contains required elements: securities class, broker, number of shares, market value, acquisition details, and recent sales. It also includes the seller's attestation regarding material nonpublic information and a placeholder for 10b5-1 plan adoption date. From a governance perspective, the document demonstrates compliance with insider trading disclosure norms but does not disclose a 10b5-1 plan date or other mitigating governance context.