Quest Diagnostics SVP nets stock award, sells shares
Quest Diagnostics senior vice president for Diagnostic Services Patrick Plewman reported a mix of stock award activity, tax-related share disposition, and an open-market sale of common stock.
Rhea-AI Filing Summary
Quest Diagnostics senior vice president for Diagnostic Services Patrick Plewman reported a mix of stock award activity, tax-related share disposition, and an open-market sale of common stock. On March 4, he acquired 5,682 shares as a grant or award at $204.86 per share, issued in settlement of a performance stock award approved under Rule 16b-3(d). On the same date, 2,827 shares were disposed of at $204.86 per share to Quest Diagnostics to cover tax withholding obligations from that award, leaving 18,053 shares directly owned afterward. On March 5, he sold 2,855 shares of common stock in an open-market transaction at $206.21 per share under a pre-arranged Rule 10b5-1 trading plan, resulting in direct ownership of 15,198 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,855 | $206.21 | $589K |
| Grant/Award | Common Stock | 5,682 | $204.86 | $1.16M |
| Exercise Price or Tax Liability | Common Stock | 2,827 | $204.86 | $579K |
Footnotes (3)
- F1. Stock issued by Quest Diagnostics Incorporated in settlement of a performance stock award approved in accordance with the requirements of Rule 16b-3(d).
- F2. Disposition of common stock to the issuer solely to cover tax withholding obligations arising from the settlement of said performance stock award.
- F3. This sale reported was effected pursuant to a Rule 10b5-1 sales plan adopted by the reporting person.
FAQ
What insider transactions did Quest Diagnostics (DGX) report for Patrick Plewman?
What stock award did Patrick Plewman receive from Quest Diagnostics (DGX)?
AI-generated analysis. How Rhea-AI works. Not financial advice.