Quest Diagnostics executive acquires 37 shares
Sentiment and the balance of points
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Small Acquisition | Common Stock F1, F2 | 37 | $206.807 | $8K |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock F3 | -- | -- | -- |
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
Key Terms
dividend reinvestment plan financial
Rule 16a-6 regulatory
Profit Sharing (401(k)) Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Quest Diagnostics (DGX) report for Karthik Kuppusamy?
What is the significance of Rule 16a-6 in Karthik Kuppusamy’s Quest Diagnostics (DGX) transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.