[Form 4] QUEST DIAGNOSTICS INC Insider Trading Activity
Rhea-AI Filing Summary
Wright L. Lassiter III, a director of Quest Diagnostics Inc. (DGX), reported on Form 4 that on 10/01/2025 he received 157 phantom stock units under the company's deferred compensation plan for directors. These phantom units arose from elective deferrals of the director's cash compensation and are payable in cash when the reporting person leaves board service. The filing states the total phantom stock units accrued in his deferred compensation account as of the transaction date include dividend-reinvestment credits exempt from separate reporting. The Form 4 shows zero dollar price for the transaction and indicates indirect ownership treatment for the accrued units.
Positive
- None.
Negative
- None.
Insights
Director deferred compensation increased by 157 phantom units on 10/01/2025.
The Form 4 discloses that 157 phantom stock units were credited to Wright L. Lassiter III via elective deferrals under the Deferred Compensation Plan for Directors. These units are contractual credits that become payable in cash upon the director's termination of service, so they represent future cash obligations, not immediate stock dilution.
The filing also notes additional phantom units from dividend reinvestment transactions that are exempt from reporting; the total accrued balance is described in the form. Because the transaction records a $0 price and is classified as indirect ownership, this is a routine compensation-related reporting event rather than an open-market purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 157 | $0.00 | -- |
Footnotes (1)
- Phantom stock units resulting from elective deferrals of a director's cash compensation pursuant to the Quest Diagnostics Incorporated Amended and Restated Deferred Compensation Plan for Directors and become payable in cash upon the reporting person's termination of service as a director. Total number of phantom stock units accrued as of the transaction date in the reporting person's deferred compensation account includes phantom stock units credited as a result of dividend reinvestment transactions exempt from reporting pursuant to Rule 16a-11.