Quest Diagnostics (NYSE: DGX) SVP adds shares via dividend reinvestment plan
Rhea-AI Filing Summary
Quest Diagnostics executive Karthik Kuppusamy, SVP Clinical Solutions, reported a small acquisition of 37 shares of common stock at $206.807 per share under a broker-administered dividend reinvestment plan, eligible for deferred Form 5 reporting under Rule 16a-6 but reported early. His direct holdings total 13,557 shares, with additional indirect holdings of 358 shares in a trust and 1,691 shares in the company’s 401(k) Profit Sharing Plan.
Positive
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Insider Trade Summary
Net Buyer: 37 shares
Net Buy
3 txns
Insider
KUPPUSAMY KARTHIK
Role
SVP, Clinical Solutions
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Small Acquisition | Common Stock F1, F2 | 37 | $206.807 | $8K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 13,557 shares (Direct);
Common Stock — 358 shares (Indirect, By Trust);
Common Stock — 1,691 shares (Indirect, 401(k))
Footnotes (3)
- F1. Reflects shares that were acquired pursuant to a dividend reinvestment plan administered by the reporting person's broker and eligible for deferred reporting on Form 5 under Rule 16a-6. The reporting person has chosen to report such transaction early on this Form 4.
- F2. The amount includes exempt purchases made under the Company's stock purchase plan since the date of the last filing on Form 4.
- F3. 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.
Key Figures
Shares acquired: 37 shares
Acquisition price: $206.807 per share
Direct holdings after transaction: 13,557 shares
+2 more
5 metrics
Shares acquired
37 shares
Common Stock acquired on 2026-07-22 under dividend reinvestment plan
Acquisition price
$206.807 per share
Price for the 37-share dividend reinvestment acquisition
Direct holdings after transaction
13,557 shares
Direct Quest Diagnostics common stock held by Karthik Kuppusamy after the acquisition
Trust holdings
358 shares
Indirect ownership classified as "By Trust"
401(k) plan holdings
1,691 shares
Indirect ownership through the Company’s tax qualified Profit Sharing (401(k)) Plan
Key Terms
dividend reinvestment plan, Rule 16a-6, Profit Sharing (401(k)) Plan
3 terms
dividend reinvestment plan financial
"shares that were acquired pursuant to a dividend reinvestment plan administered by the reporting person's broker"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Rule 16a-6 regulatory
"eligible for deferred reporting on Form 5 under Rule 16a-6"
Profit Sharing (401(k)) Plan financial
"Company's tax qualified Profit Sharing (401(k)) Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Quest Diagnostics (DGX) report for Karthik Kuppusamy?
Quest Diagnostics reported that SVP Clinical Solutions Karthik Kuppusamy acquired 37 shares of common stock at $206.807 per share. The shares were obtained through a broker-administered dividend reinvestment plan and qualify for deferred reporting under Rule 16a-6 but were reported early.
What is the significance of Rule 16a-6 in Karthik Kuppusamy’s Quest Diagnostics (DGX) transaction?
The acquired 37 shares were eligible for deferred reporting on Form 5 under Rule 16a-6, which covers certain small acquisitions. Karthik Kuppusamy chose instead to report this dividend reinvestment transaction early on Form 4, providing more timely public disclosure.