Tax sale: Quest Diagnostics (NYSE: DGX) CFO disposes 869 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quest Diagnostics Executive Vice President & CFO Sam Samad reported a Form 4 transaction involving common stock. On the reported date, he disposed of 869 shares at $204.86 per share in a tax-withholding transaction tied to the vesting of a prior restricted stock unit grant. This was a sale of shares to satisfy tax obligations rather than an open-market trade. After this transaction, he directly owned 27,041 shares of Quest Diagnostics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SAMAD SAM
Role
Executive Vice President & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 869 | $204.86 | $178K |
Holdings After Transaction:
Common Stock — 27,041 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Quest Diagnostics (DGX) CFO Sam Samad report?
Sam Samad reported a tax-related disposition of 869 Quest Diagnostics common shares. The shares were sold to cover tax obligations arising from a previously vested restricted stock unit grant, rather than as a discretionary open-market sale.
Was the Quest Diagnostics (DGX) CFO’s Form 4 transaction an open-market sale?
No, the transaction was not a typical open-market sale. The filing notes the common stock was sold specifically to satisfy tax obligations triggered by the vesting of an earlier restricted stock unit grant.
What does transaction code F mean in the Quest Diagnostics (DGX) Form 4?
Transaction code F indicates a disposition to pay an exercise price or tax liability using securities. Here, it reflects shares sold to satisfy tax obligations related to the vesting of previously granted restricted stock units.