Quest Diagnostics (DGX) CEO sells 10,000 shares in Rule 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quest Diagnostics CEO and President J. E. Davis reported an open-market sale of 10,000 shares of Common Stock on June 1, 2026 at a price of $194.14 per share.
After this transaction, Davis directly holds 132,423 shares of Quest Diagnostics Common Stock. The sale was carried out under a pre-arranged Rule 10b5-1 sales plan adopted by the reporting person, indicating it was scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares ($1,941,400)
Net Sell
1 txn
Insider
Davis J. E.
Role
CEO and President
Sold
10,000 shs ($1.94M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $194.14 | $1.94M |
Holdings After Transaction:
Common Stock — 132,423 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 10,000 shares
Sale price: $194.14 per share
Shares held after sale: 132,423 shares
3 metrics
Shares sold
10,000 shares
Open-market sale on June 1, 2026
Sale price
$194.14 per share
Price for Common Stock sold
Shares held after sale
132,423 shares
Direct ownership after transaction
Key Terms
Rule 10b5-1 sales plan, open-market sale, Common Stock, Form 4
4 terms
Rule 10b5-1 sales plan regulatory
"The sale reported was effected pursuant to a Rule 10b5-1 sales plan adopted by the reporting person."
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Quest Diagnostics (DGX) report for J. E. Davis?
Quest Diagnostics reported that CEO and President J. E. Davis sold 10,000 shares of Common Stock in an open-market transaction at $194.14 per share. The sale was executed on June 1, 2026 under a pre-arranged Rule 10b5-1 sales plan.
Was the Quest Diagnostics (DGX) insider sale by J. E. Davis pre-planned?
Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 sales plan adopted by J. E. Davis. Such plans schedule trades in advance, meaning the timing of this 10,000-share sale was predetermined rather than a spontaneous market decision.
Does the Quest Diagnostics (DGX) Form 4 include any option exercises or derivative transactions?
No derivative transactions are listed in this Form 4 excerpt. The filing reports a single non-derivative transaction: an open-market sale of 10,000 shares of Quest Diagnostics Common Stock by J. E. Davis, with no option exercises or conversions shown.