Quest Diagnostics (DGX) CEO receives stock award and uses shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quest Diagnostics CEO and President J. E. Davis reported mixed equity transactions involving company stock. On a grant date of March 4, 2026, Davis acquired 51,652 shares of Quest Diagnostics common stock at a price of $204.86 per share, issued in settlement of a performance stock award approved under Rule 16b-3(d). In a related move, 26,414 shares of common stock were disposed of back to the issuer at $204.86 per share to cover tax withholding obligations from the settlement. After these transactions, Davis directly held 142,423 shares of Quest Diagnostics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Davis J. E.
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 51,652 | $204.86 | $10.58M |
| Tax Withholding | Common Stock | 26,414 | $204.86 | $5.41M |
Holdings After Transaction:
Common Stock — 168,837 shares (Direct)
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.
FAQ
What insider transactions did Quest Diagnostics (DGX) CEO J. E. Davis report?
J. E. Davis reported an equity grant and a related tax withholding share disposition. He received 51,652 shares of Quest Diagnostics common stock, then delivered 26,414 shares back to the company to satisfy tax obligations arising from the performance stock award settlement.
Was the Quest Diagnostics (DGX) CEO’s Form 4 transaction an open-market stock purchase or sale?
The Form 4 does not show an open-market trade. It reports stock issued in settlement of a performance stock award and a disposition of shares solely to cover tax withholding obligations, with shares delivered back to Quest Diagnostics rather than sold on the open market.
What do the transaction codes A and F mean in the Quest Diagnostics (DGX) Form 4?
Code A represents a grant, award, or other acquisition of common stock, here from a performance stock award settlement. Code F represents disposition of shares to the issuer to pay an exercise price or tax liability, matching the tax withholding share delivery disclosed.