Quest Diagnostics (NYSE: DGX) SVP reports small share acquisition via dividend reinvestment
Rhea-AI Filing Summary
Quest Diagnostics Inc. executive Patrick Plewman, SVP for Diagnostic Services, reported acquiring 46 shares of Common Stock on 2026-07-22 at $206.807 per share through a dividend reinvestment plan administered by his broker. After this small acquisition under Rule 16a-6, he directly holds 15,293 shares. The dividend reinvestment, which is eligible for deferred reporting on Form 5, has been voluntarily reported earlier on Form 4.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 46 shares
Net Buy
1 txn
Insider
Plewman Patrick
Role
SVP for Diagnostic Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Small Acquisition | Common Stock F1 | 46 | $206.807 | $10K |
Holdings After Transaction:
Common Stock — 15,293 shares (Direct)
Footnotes (1)
- 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.
Key Figures
Shares acquired: 46 shares
Price per share: $206.807
Shares held after transaction: 15,293 shares
3 metrics
Shares acquired
46 shares
Common Stock acquired on 2026-07-22 under a dividend reinvestment plan
Price per share
$206.807
Acquisition price for Common Stock on 2026-07-22
Shares held after transaction
15,293 shares
Direct Quest Diagnostics Common Stock holdings after the reported acquisition
Key Terms
dividend reinvestment plan, Rule 16a-6, Form 5
3 terms
dividend reinvestment plan financial
"Reflects shares that were acquired pursuant to a dividend reinvestment plan administered"
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"
Form 5 regulatory
"eligible for deferred reporting on Form 5 under Rule 16a-6"
A Form 5 is an annual report filed with the U.S. securities regulator by company insiders—such as officers, directors and large shareholders—to disclose any equity transactions or holdings that were missed or deferred during the year. Think of it as an end-of-year ledger adjustment that shows final insider ownership and late-reported trades; investors use it to verify insider confidence, detect possible conflicts of interest, and spot unusual patterns in insiders’ buying or selling.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Quest Diagnostics (DGX) executive Patrick Plewman report?
Patrick Plewman reported acquiring 46 shares of Quest Diagnostics Common Stock on 2026-07-22 at $206.807 per share. The shares were obtained through a dividend reinvestment plan and are characterized as a small acquisition under Rule 16a-6.
What does transaction code "L" mean in the Quest Diagnostics (DGX) Form 4?
Transaction code "L" indicates a small acquisition under Rule 16a-6. In this case, Patrick Plewman’s 46-share purchase through a dividend reinvestment plan qualifies for deferred reporting on Form 5, but he chose to disclose it earlier on Form 4.
Was the Quest Diagnostics (DGX) insider transaction reported under a Rule 10b5-1 trading plan?
No. The Form 4’s Rule 10b5-1 checkbox is not checked, indicating the transaction was not affirmed as made under a Rule 10b5-1 trading plan. The footnote instead highlights its eligibility for deferred reporting under Rule 16a-6.
Why is the Quest Diagnostics (DGX) dividend reinvestment transaction eligible for Form 5 reporting?
The footnote states the 46 shares were acquired via a dividend reinvestment plan and are eligible for deferred reporting on Form 5 under Rule 16a-6. Patrick Plewman voluntarily chose to report this small acquisition earlier on Form 4 instead.