[144] QUEST DIAGNOSTICS INC SEC Filing
Quest Diagnostics (DGX) Form 144 filing shows an insider planned sale and recent dispositions. The notice reports an intended sale of 227 common shares through Fidelity Brokerage with an aggregate market value of $42,706 and an approximate sale date of 09/26/2025. The 227 shares were acquired under an option (granted 02/19/2018) and will be paid in cash. The filer also reported two recent sales in the prior three months: 28,288 shares on 09/23/2025 for $5,293,312.79 and 175 shares on 09/24/2025 for $32,729.03. The filer attests not to possess undisclosed material adverse information.
- Transparent disclosure of planned sale details including broker, share count, and aggregate market value
- Acquisition method disclosed (option granted 02/19/2018), clarifying provenance of shares
- Recent prior sales reported with gross proceeds, providing context for insider liquidity
- Large prior disposition of 28,288 shares generating $5,293,312.79 could be perceived as notable insider selling
- Clustered sales within a short period (09/23/2025–09/26/2025) may prompt investor questions about timing
Insights
TL;DR: Insider option exercise and small planned sale following a materially larger disposition days earlier; disclosure is routine but notable.
The filing documents an insider selling 227 shares via broker-dealer after exercising options originally granted in 2018. The stated aggregate value of the planned sale is $42,706.00. The filing also discloses two recent sales totaling 28,463 shares generating roughly $5.33 million in gross proceeds. For investors, these transactions are transparent insider liquidity events rather than company operational news; the scale of the 28,288-share sale is materially larger than the 227-share planned sale and could reflect personal liquidity needs or portfolio rebalancing.
TL;DR: Multiple insider sales within days raise governance and signaling questions but do not by themselves indicate corporate impropriety.
The filer signed a Section 144 notice covering an option-originated grant and short-window dispositions. The prominence is the 28,288-share sale on 09/23/2025 with gross proceeds above $5.29 million, followed by smaller sales; such clustered insider selling merits monitoring for patterns but is permissible if properly disclosed and compliant with Rule 144 and any 10b5-1 plans. The attestation of no undisclosed material information is included in the form.