Quest Diagnostics (DGX) director boosts holdings with small dividend reinvestment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quest Diagnostics director Wright Lassiter III reported a small acquisition of company stock through a dividend reinvestment plan. On April 20, 2026, he acquired 6 shares of common stock at $194.699 per share, bringing his direct holdings to 9,063 shares after the transaction. The filing notes this dividend reinvestment transaction is eligible for deferred reporting under Rule 16a-6, but the director chose to report it early on Form 4.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lassiter Wright III
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| L | Common Stock | 6 | $194.699 | $1K |
Holdings After Transaction:
Common Stock — 9,063 shares (Direct, null)
Footnotes (1)
- Represents an award of restricted share units. 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.
Key Figures
Shares acquired: 6 shares
Price per share: $194.699 per share
Shares held after transaction: 9,063 shares
3 metrics
Shares acquired
6 shares
Common stock acquired on April 20, 2026
Price per share
$194.699 per share
Acquisition price for the 6 shares
Shares held after transaction
9,063 shares
Direct common stock ownership after acquisition
Key Terms
dividend reinvestment plan, Rule 16a-6, restricted share units
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"
FAQ
What insider transaction did Quest Diagnostics (DGX) report for Wright Lassiter III?
Quest Diagnostics director Wright Lassiter III reported a small stock acquisition. He obtained 6 shares of common stock via a dividend reinvestment plan at $194.699 per share, increasing his direct holdings to 9,063 shares after the transaction.
What does Rule 16a-6 mean in the Quest Diagnostics (DGX) Form 4 filing?
Rule 16a-6 allows certain small acquisitions, such as dividend reinvestment plan purchases, to be reported later on Form 5. In this case, the Quest Diagnostics director chose to report the eligible transaction early on Form 4 instead of deferring disclosure.
Was the Quest Diagnostics (DGX) insider transaction an open-market purchase or a plan reinvestment?
The disclosed transaction was a plan reinvestment, not an open-market trade. The 6 shares of Quest Diagnostics common stock were acquired through a dividend reinvestment plan administered by the director’s broker, as described in the Form 4 footnotes.