Quest Diagnostics (NYSE: DGX) SVP covers tax obligations with share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quest Diagnostics senior vice president Karthik Kuppusamy disposed of 205 shares of common stock at $204.86 per share to cover tax obligations from vesting restricted share units. This tax-withholding transaction on March 2, 2026 was not an open-market sale. After the transaction, he held 9,869 shares directly, plus additional indirect holdings through a trust and the company’s 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
KUPPUSAMY KARTHIK
Role
SVP, Clinical Solutions
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 205 | $204.86 | $42K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 9,869 shares (Direct);
Common Stock — 358 shares (Indirect, By Trust)
Footnotes (1)
- Sale of common stock to satisfy tax obligations arising from the vesting of a previous grant of restricted share units. 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. 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.
FAQ
What did Quest Diagnostics (DGX) executive Karthik Kuppusamy report in this Form 4?
He reported a tax-withholding disposition of 205 Quest Diagnostics shares at $204.86 each. The shares were sold to satisfy tax obligations arising from vesting restricted share units, rather than as a discretionary open-market sale.
Was the Quest Diagnostics (DGX) insider transaction an open-market sale?
No, the transaction was a tax-withholding disposition related to restricted share units. The filing states the common stock was sold to satisfy tax obligations from the vesting of a prior RSU grant, not a discretionary open-market trade.
What are Karthik Kuppusamy’s Quest Diagnostics (DGX) holdings after this Form 4 event?
After the tax-withholding disposition, he directly holds 9,869 Quest Diagnostics shares. He also has indirect holdings, including 358 shares held by a trust and 1,658 shares via the company’s tax-qualified Profit Sharing (401(k)) Plan.