Form 4: Quest Diagnostics Executive Sam Samad Disposes of Shares to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


Executive Vice President & CFO of Quest Diagnostics, Sam Samad, disposed of 1,031 shares of common stock to cover tax withholding obligations arising from the vesting of restricted stock units.

Summary

  • On February 19, 2025, Sam Samad, Executive Vice President & CFO of Quest Diagnostics, disposed of 1,031 shares of common stock.
  • The transaction was executed to cover tax withholding obligations related to the vesting of restricted stock units.
  • The price per share was $169.71.
  • Following the transaction, Samad directly owns 21,046 shares of Quest Diagnostics common stock.

Sentiment

Score: 5

Explanation: This is a routine transaction related to tax obligations, and doesn't indicate a positive or negative outlook for the company.

Industry Context

Form 4 filings are a routine part of executive compensation and are common across publicly traded companies. This transaction reflects standard practice for covering tax obligations related to equity compensation.

Key Dates

DateDescription
02/19/2025Date of transaction: Sam Samad disposed of 1,031 shares of common stock to cover tax obligations.
02/21/2025Date of signature: Sean D. Mersten, Attorney in Fact for Sam Samad, signed the Form 4.

Keywords

Quest Diagnostics, Sam Samad, Form 4, Executive Vice President, CFO, Share Disposal, Tax Withholding, Restricted Stock Units, Beneficial Ownership

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