Quest Diagnostics insider logs equity award, tax share sale
Quest Diagnostics executive Michael J. Deppe reported offsetting equity transactions involving company stock.
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Rhea-AI Filing Summary
Quest Diagnostics executive Michael J. Deppe reported offsetting equity transactions involving company stock. He acquired 1,473 shares of Quest Diagnostics common stock on a grant/award basis tied to a performance stock award, valued at $204.86 per share, increasing his holdings at that moment to 35,946 shares.
On the same date, 750 shares were disposed of back to Quest Diagnostics at $204.86 per share solely to cover tax withholding obligations arising from the settlement of that performance stock award. After the tax-withholding disposition, Deppe directly owned 35,196 shares of Quest Diagnostics common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,473 | $204.86 | $302K |
| Exercise Price or Tax Liability | Common Stock | 750 | $204.86 | $154K |
Footnotes (2)
- F1. Stock issued by Quest Diagnostics Incorporated in settlement of a performance stock award approved in accordance with the requirements of Rule 16b-3(d).
- F2. Disposition of common stock to the issuer solely to cover tax withholding obligations arising from the settlement of said performance stock award.
FAQ
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What insider transactions did Quest Diagnostics (DGX) executive Michael J. Deppe report?
Were Michael J. Deppe’s Quest Diagnostics (DGX) transactions open-market buys or sells?
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