Form 4: Quest Diagnostics Executive Sam Samad Reports Acquisition of Common Stock
SEC Form 4 Filing
Executive Vice President & CFO of Quest Diagnostics, Sam Samad, reports acquiring 37 shares of common stock through a dividend reinvestment plan.
Summary
- Sam Samad, Executive Vice President & CFO of Quest Diagnostics, filed a Form 4.
- The filing reports the acquisition of 37 shares of Quest Diagnostics common stock on October 21, 2024, at a price of $149.371 per share.
- These shares were acquired through a dividend reinvestment plan.
- Following the transaction, Samad directly owns 17,504 shares of Quest Diagnostics common stock.
- The filing also mentions an award of restricted share units.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing indicating an executive's participation in a dividend reinvestment plan, which is neither particularly positive nor negative.
Positives
- The acquisition of shares through a dividend reinvestment plan demonstrates the executive's confidence in the company's future.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment of interests.
Stakeholder Impact
- The transaction provides stakeholders with insight into the executive's investment activity and alignment with shareholder interests.
Key Dates
| Date | Description |
|---|---|
| 10/21/2024 | Date of transaction: Acquisition of 37 shares of common stock. |
| 10/25/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.