Quest Diagnostics director granted 1,142 stock units
Quest Diagnostics Inc. director Wright Lassiter III received an equity grant of 1,142 shares of common stock on May 20, 2026, reported as a restricted stock unit award.
Accepted by SEC EDGAR
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Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Quest Diagnostics Inc. director Wright Lassiter III received an equity grant of 1,142 shares of common stock on May 20, 2026, reported as a restricted stock unit award. Following this grant, he directly holds 10,317 shares, which include shares acquired through dividend reinvestment under the Deferred Compensation Plan for Directors.
Insider Trade Summary
Grant/Award: 1,142 shares
Grant/Award
1 txn
Insider
Lassiter Wright III
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,142 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 10,317 shares (Direct)
Footnotes (2)
- F1. Represents an award of restricted stock units.
- F2. The amount includes shares acquired via dividend reinvestment since the date of reporting person's last filing on Form 4 pursuant to the Amended and Restated Deferred Compensation Plan for Directors.
Key Figures
Restricted stock unit award: 1,142 shares
Grant price per share: $0.00 per share
Shares owned after transaction: 10,317 shares
3 metrics
Restricted stock unit award
1,142 shares
Grant of common stock reported as RSU award on May 20, 2026
Grant price per share
$0.00 per share
Compensation-related award, not an open-market purchase
Shares owned after transaction
10,317 shares
Total direct holdings following grant, including dividend reinvestment
Key Terms
restricted stock units, dividend reinvestment, Deferred Compensation Plan for Directors, Grant, award, or other acquisition
4 terms
restricted stock units financial
"Represents an award of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend reinvestment financial
"includes shares acquired via dividend reinvestment since the date of reporting person's last filing"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
Deferred Compensation Plan for Directors financial
"pursuant to the Amended and Restated Deferred Compensation Plan for Directors."
A deferred compensation plan for directors is an arrangement that lets board members postpone receiving part of their pay until a later date—often retirement or a set future time—so the money can grow or be paid under specified conditions. Think of it like directing a portion of your paycheck into a locked savings account that pays out later; investors care because it creates future cash or stock obligations, signals how the company motivates and retains leadership, and can affect shareholder value through timing of payouts or potential dilution.
Grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Quest Diagnostics (DGX) report for Wright Lassiter III?
Quest Diagnostics reported that director Wright Lassiter III received an equity grant of 1,142 shares of common stock as a restricted stock unit award. This is a compensation-related acquisition, not an open-market purchase or sale of shares.
Was the Quest Diagnostics (DGX) Form 4 transaction a market buy or sell?
The Form 4 shows a grant or award acquisition of 1,142 shares, coded as “A” for a grant or other acquisition. It is a compensation-related restricted stock unit award, not an open-market purchase or sale transaction by the director.
What does the restricted stock unit award mean for Quest Diagnostics (DGX) director compensation?
The filing indicates the director received an award of restricted stock units representing 1,142 shares. This is part of equity-based director compensation, aligning the director’s holdings with company performance rather than reflecting a discretionary trade in the open market.
How were dividend reinvestments reported for the Quest Diagnostics (DGX) director?
A footnote explains that the reported share amount includes shares acquired via dividend reinvestment since the director’s last Form 4 filing, under the Amended and Restated Deferred Compensation Plan for Directors, consolidating these reinvested amounts into the total holding figure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
