Quest Diagnostics CEO gets stock, tax shares withheld
Quest Diagnostics CEO and President J. E. Davis reported equity compensation and related tax withholding transactions.
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Rhea-AI Filing Summary
Quest Diagnostics CEO and President J. E. Davis reported equity compensation and related tax withholding transactions. Davis was granted 73,225 non-qualified stock options, which vest in three equal annual installments beginning on the first anniversary of the grant date. He also received 15,857 shares of common stock, representing an award of restricted stock units. To cover tax withholding obligations arising from the vesting of restricted stock units, 2,396 shares and 3,788 shares of common stock were disposed of back to the issuer at prices of $210.01 and $206.99 per share, respectively. After these transactions, Davis directly owned 130,153 shares of common stock and 73,225 stock options.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualifed Stock Option (right to buy) | 73,225 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 15,857 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,396 | $210.01 | $503K |
| Exercise Price or Tax Liability | Common Stock | 3,788 | $206.99 | $784K |
Footnotes (3)
- F1. Represents an award of restricted stock units.
- F2. Disposition of common stock to the issuer solely to cover tax withholding obligations arising from the vesting of restricted stock units.
- F3. The options vest in three equal annual installments beginning on the first annual anniversary of the grant date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Quest Diagnostics (DGX) grant to CEO J. E. Davis?
How many Quest Diagnostics (DGX) stock options does the CEO hold after this Form 4?
Were the Quest Diagnostics (DGX) CEO’s transactions open-market buys or sells?
AI-generated analysis. How Rhea-AI works. Not financial advice.