Quest Diagnostics SVP acquires 39 shares via plan
Quest Diagnostics SVP Karthik Kuppusamy reported a small acquisition of 39 shares of common stock at $194.699 per share.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Quest Diagnostics SVP Karthik Kuppusamy reported a small acquisition of 39 shares of common stock at $194.699 per share. The filing describes this as a small acquisition under Rule 16a-6 related to a dividend reinvestment plan. Following the transaction, he holds 13,490 shares directly, plus indirect holdings through a trust and the company’s 401(k) plan.
Insider Trade Summary
Small Acquisition: 39 shares
Small Acquisition
1 txn
Insider
KUPPUSAMY KARTHIK
Role
SVP, Clinical Solutions
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Small Acquisition | Common Stock | 39 | $194.699 | $8K |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 13,490 shares (Direct);
Common Stock — 1,751 shares (Indirect, 401(k));
Common Stock — 358 shares (Indirect, By Trust)
Footnotes (3)
- F1. Reflects shares that were acquired pursuant to a dividend reinvestment plan administered by the reporting person's broker and eligible for deferred reporting on Form 5 under Rule 16a-6. The reporting person has chosen to report such transaction early on this Form 4.
- F2. The amount includes exempt purchases made under the Company's stock purchase plan since the date of the reporting person's last filing on Form 4.
- F3. These underlying shares were acquired on a periodic basis by the trustee of the Company's tax qualified Profit Sharing (401(k)) Plan. The information was obtained from the plan administrator as of a current date. The number of shares is based on the account balance of the Company stock fund under the Plan (which includes some money market instruments) divided by the market price of the Company's stock as of that date.
Key Figures
Small acquisition shares: 39 shares
Acquisition price: $194.699 per share
Direct holdings after transaction: 13,490 shares
+2 more
5 metrics
Small acquisition shares
39 shares
Common stock acquired under Rule 16a-6
Acquisition price
$194.699 per share
Price for 39-share small acquisition
Direct holdings after transaction
13,490 shares
Common stock held directly following acquisition
Trust holdings
358 shares
Common stock held indirectly by trust
401(k) plan holdings
1,751 shares
Common stock equivalent in Profit Sharing (401(k)) Plan
Key Terms
Rule 16a-6, dividend reinvestment plan, stock purchase plan, Profit Sharing (401(k)) Plan, +1 more
5 terms
Rule 16a-6 regulatory
"Small acquisition under Rule 16a-6"
dividend reinvestment plan financial
"shares that were acquired pursuant to a dividend reinvestment plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
stock purchase plan financial
"includes exempt purchases made under the Company's stock purchase plan"
A stock purchase plan is a company-run program that lets employees or qualifying investors buy the company’s shares regularly, often through paycheck deductions and sometimes at a discounted price or with matching contributions. It matters because it encourages ownership—like a workplace discount for buying company products—aligning interests between holders and managers, while affecting share supply and potential value for outside investors.
Profit Sharing (401(k)) Plan financial
"Company's tax qualified Profit Sharing (401(k)) Plan"
small acquisition financial
"transaction code description: Small acquisition under Rule 16a-6"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did DGX executive Karthik Kuppusamy report?
Karthik Kuppusamy reported a small acquisition of 39 shares of Quest Diagnostics common stock. The shares were acquired at $194.699 each and are described as a small acquisition under Rule 16a-6 connected to a dividend reinvestment plan.
What indirect Quest Diagnostics (DGX) holdings does Karthik Kuppusamy report?
He reports 358 shares held indirectly through a trust and 1,751 shares held indirectly via the company’s tax-qualified Profit Sharing (401(k)) Plan. The 401(k) amount is based on the plan stock fund balance divided by the company’s stock price as of a current date.
What does Rule 16a-6 mean in Karthik Kuppusamy’s DGX Form 4?
Rule 16a-6 allows certain small acquisitions, such as dividend reinvestment plan purchases, to be reported later on Form 5. In this case, Karthik Kuppusamy chose to report the 39-share small acquisition early on Form 4 instead of waiting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
