Quest Diagnostics (DGX) director gets 1,142-share restricted stock unit award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quest Diagnostics Inc. director Timothy C. Wentworth received an award of 1,142 shares of Common Stock in the form of restricted stock units. The grant carried a price of $0.00 per share and increased his directly owned holdings to 1,358 shares after the transaction.
The total also reflects shares previously acquired through dividend reinvestment under the Amended and Restated Deferred Compensation Plan for Directors, as noted in the footnotes. This is a compensation-related equity award rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WENTWORTH TIMOTHY C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,142 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,358 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 award: 1,142 shares
Shares held after award: 1,358 shares
Grant price per share: $0.00 per share
3 metrics
RSU award
1,142 shares
Restricted stock units in Common Stock granted on May 20, 2026
Shares held after award
1,358 shares
Common Stock directly owned by Timothy C. Wentworth after the transaction
Grant price per share
$0.00 per share
Equity compensation grant of restricted stock units
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
"includes shares acquired via dividend reinvestment since the date of reporting person's last filing"
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 Timothy C. Wentworth acquire in Quest Diagnostics (DGX) on this Form 4?
Timothy C. Wentworth received an award of 1,142 shares of Quest Diagnostics Common Stock as restricted stock units. This reflects equity-based compensation, not an open-market purchase, and increases his stake in the company through direct ownership reported in this filing.
Is the Quest Diagnostics (DGX) Form 4 transaction a stock purchase or a compensation grant?
The Form 4 shows a compensation grant, coded as a grant or award acquisition. Wentworth received 1,142 restricted stock units at $0.00 per share, indicating an equity award rather than a cash-funded stock purchase on the open market.
What do the footnotes in the Quest Diagnostics (DGX) Form 4 say about the RSU award?
The footnotes explain that the transaction represents an award of restricted stock units. They also note that the reported amount includes additional shares acquired through dividend reinvestment under the Amended and Restated Deferred Compensation Plan for Directors since the prior Form 4 filing.
Does the Quest Diagnostics (DGX) Form 4 indicate any stock sales by Timothy C. Wentworth?
The Form 4 does not report any stock sales by Timothy C. Wentworth. It shows one acquisition transaction coded as a grant or award of restricted stock units, increasing his directly held Common Stock position without any corresponding disposition of shares.