Quest Diagnostics (DGX) CFO reports stock award and tax share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quest Diagnostics Executive Vice President & CFO Sam Samad reported two stock transactions involving the company’s common stock. On a performance stock award settlement, he acquired 13,947 shares at $204.86 per share, increasing his direct holdings to 40,988 shares.
On the same date, 7,720 shares were disposed of at $204.86 per share, delivered back to Quest Diagnostics solely to cover tax withholding obligations related to that performance share award, leaving him with 33,268 directly owned shares after the tax-related disposition.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SAMAD SAM
Role
Executive Vice President & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,947 | $204.86 | $2.86M |
| Tax Withholding | Common Stock | 7,720 | $204.86 | $1.58M |
Holdings After Transaction:
Common Stock — 40,988 shares (Direct)
Footnotes (1)
- Stock issued by Quest Diagnostics Incorporated in settlement of a performance stock award approved in accordance with the requirements of Rule 16b-3(d). Disposition of common stock to the issuer solely to cover tax withholding obligations arising from the settlement of said performance share award.
FAQ
What insider transactions did Quest Diagnostics (DGX) CFO Sam Samad report?
Sam Samad reported a stock award settlement and a related tax share disposition. He received 13,947 Quest Diagnostics common shares, then transferred 7,720 shares back to the company solely to cover tax withholding obligations from that performance share award.
At what price were the Quest Diagnostics (DGX) insider transactions recorded?
Both the acquisition and tax-related disposition were recorded at $204.86 per Quest Diagnostics share. This price applies to the 13,947-share performance award settlement and the 7,720 shares delivered back to the company for associated tax withholding obligations.