Director at Quest Diagnostics (DGX) receives 1,142 share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quest Diagnostics Inc. director Gary M. Pfeiffer received an award of 1,142 restricted stock units of common stock on May 20, 2026 at no cash cost, as part of his director compensation. After this grant, his direct holdings total 31,005 shares, which include shares acquired through dividend reinvestment under the Amended and Restated Deferred Compensation Plan for Directors.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PFEIFFER GARY M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,142 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 31,005 shares (Direct, null)
Footnotes (1)
- Represents an award of restricted stock units. 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
RSU grant size: 1,142 shares
Grant price per share: $0.00 per share
Shares after transaction: 31,005 shares
+1 more
4 metrics
RSU grant size
1,142 shares
Restricted stock unit award on May 20, 2026
Grant price per share
$0.00 per share
Reported value for RSU grant to director
Shares after transaction
31,005 shares
Total direct holdings following RSU award
Transaction date
May 20, 2026
Date RSU grant was awarded
Key Terms
restricted stock units, dividend reinvestment, Amended and Restated Deferred Compensation Plan for Directors
3 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
"The amount includes shares acquired via dividend reinvestment since the date"
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.
Amended and Restated Deferred Compensation Plan for Directors financial
"pursuant to the Amended and Restated Deferred Compensation Plan for Directors."
FAQ
What did Quest Diagnostics (DGX) director Gary Pfeiffer report in this Form 4?
Director Gary M. Pfeiffer reported receiving 1,142 restricted stock units of Quest Diagnostics common stock as a grant. This award increased his direct holdings to 31,005 shares, reflecting routine director compensation rather than an open-market stock purchase or sale.
Was the Quest Diagnostics (DGX) Form 4 transaction an open-market buy or sell?
The transaction was not an open-market buy or sell. Gary Pfeiffer received 1,142 shares as a grant of restricted stock units at a reported price of $0.00 per share, indicating compensation rather than a voluntary market trade by the director.
What is the significance of the 1,142 restricted stock units granted by Quest Diagnostics (DGX)?
The 1,142 restricted stock units represent a compensation award to director Gary Pfeiffer. Such grants align director interests with shareholders by providing equity-based pay, but do not reflect an active decision to buy or sell shares in the open market.
How were dividend reinvestments reflected in Gary Pfeiffer’s Quest Diagnostics (DGX) holdings?
The reported 31,005 Quest Diagnostics shares include stock acquired via dividend reinvestment. These reinvestments occurred under the Amended and Restated Deferred Compensation Plan for Directors since his prior Form 4, automatically adding shares instead of paying cash dividends.