Quest Diagnostics insider logs equity award, tax share sale
Quest Diagnostics executive Michael J. Deppe reported offsetting equity transactions involving company stock.
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.
Positive
- None.
Negative
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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
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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