Form 4: Quest Diagnostics Executive Reports Stock Transactions
SEC Form 4 Filing
Michael J. Deppe, SVP, Corp. Controller & CAO of Quest Diagnostics, reports acquisition and disposition of company stock related to vesting of restricted stock units and settlement of a performance stock award.
Summary
- On March 3, 2025, Michael J. Deppe disposed of 1,692 shares of Quest Diagnostics common stock at $173.74 per share to cover tax withholding obligations from vesting restricted stock units.
- On March 4, 2025, Deppe acquired 1,711 shares of Quest Diagnostics common stock at $173.74 per share in settlement of a performance stock award.
- Also on March 4, 2025, Deppe disposed of 867 shares at $173.74 per share to cover tax withholding obligations from the settlement of the performance stock award.
- Following these transactions, Deppe directly owns 34,365 shares and indirectly owns 694 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document reports routine stock transactions related to executive compensation.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Disposition of 1,692 shares to cover tax withholding obligations. |
| 03/04/2025 | Acquisition of 1,711 shares in settlement of a performance stock award. |
| 03/04/2025 | Disposition of 867 shares to cover tax withholding obligations from the settlement of the performance stock award. |
| 03/05/2025 | Date of signature by Sean D. Mersten, Attorney in Fact for Michael J. Deppe. |
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