Quest Diagnostics (DGX) SVP granted 6,200 shares, surrenders 2,628 for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quest Diagnostics senior vice president Karthik Kuppusamy reported a mix of equity award activity and related share disposition. He acquired 6,200 shares of common stock on March 4, 2026 as stock issued in settlement of a performance stock award approved under Rule 16b-3(d). To cover tax withholding from this award, 2,628 shares of common stock at $204.86 per share were disposed of back to the issuer. After these transactions, he held 13,441 shares directly, plus additional indirect holdings of 358 shares by trust and 1,658 shares in a 401(k) plan, based on information from the plan administrator.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,628 shares ($538,372)
Net Sell
4 txns
Insider
KUPPUSAMY KARTHIK
Role
SVP, Clinical Solutions
Sold
2,628 shs ($538K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,200 | $204.86 | $1.27M |
| Sale | Common Stock | 2,628 | $204.86 | $538K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 16,069 shares (Direct);
Common Stock — 358 shares (Indirect, By Trust)
Footnotes (1)
- Stock issued by Quest Diagnostics Incorporated in settlement of a performance stock award approved in accordance with the requirements of Rule 16b-3(d). Disposition of common stock to the issuer solely to cover tax withholding obligations arising from the settlement of said performance stock award. 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 insider transactions did DGX executive Karthik Kuppusamy report?
He reported receiving 6,200 Quest Diagnostics shares as a performance stock award settlement, then disposing of 2,628 shares back to the company to cover tax withholding, leaving 13,441 shares held directly plus smaller indirect holdings via a trust and 401(k) plan.
How are Karthik Kuppusamy’s 401(k) holdings in DGX stock calculated?
The 1,658 Quest Diagnostics shares in the 401(k) are based on the account balance of the company stock fund, which also includes some money market instruments, divided by the market price of the stock as of a current date provided by the plan administrator.