Quest Diagnostics (DGX) SVP exercises options, sells 5,662 shares under 10b5-1 plan
Rhea-AI Filing Summary
Quest Diagnostics executive Patrick Plewman reported multiple stock transactions involving DGX shares. On January 28, 2026, he acquired 48 shares of common stock at $183.512 per share through a dividend reinvestment plan administered by his broker, bringing direct ownership to 15,381 shares.
On February 10, 2026, he exercised a non-qualified stock option for 5,662 shares of common stock at an exercise price of $121.805 per share and immediately sold 5,662 shares of common stock at $204 per share in an open-market transaction. After these transactions, he directly owned 15,381 shares of Quest Diagnostics common stock. The filing notes that the option exercise and sale were carried out under a pre-arranged Rule 10b5-1 sales plan.
Positive
- None.
Negative
- None.
Insights
Routine option exercise and sale under a 10b5-1 plan; neutral impact.
SVP for Diagnostic Services Patrick Plewman exercised a non-qualified stock option for 5,662 DGX shares at $121.805 and sold the same number at $204 on February 10, 2026. This is a standard monetization of equity compensation.
The filing specifies the transactions occurred under a pre-established Rule 10b5-1 sales plan, indicating they were pre-arranged rather than opportunistic. He also acquired 48 shares via a dividend reinvestment plan on January 28, 2026, and reported it earlier than required.
After the reported transactions, Plewman directly holds 15,381 shares of Quest Diagnostics common stock. This appears to be a routine insider activity rather than a signal of a major change in outlook, so the overall informational impact is limited.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualifed Stock Option (right to buy) | 5,662 | $121.805 | $690K |
| Exercise | Common Stock | 5,662 | $121.805 | $690K |
| Sale | Common Stock | 5,662 | $204.00 | $1.16M |
| Grant/Award | Common Stock | 48 | $183.512 | $9K |
Footnotes (1)
- 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. This exercise and sale reported were effected pursuant to a Rule 10b5-1 sales plan adopted by the reporting person. The options vested in three equal annual installments beginning on the first annual anniversary of the grant date.