Form 4: Quest Diagnostics SVP Mark Delaney Reports Stock Disposition for Tax Obligations
SEC Form 4 Filing
Mark Delaney, SVP & Chief Commercial Officer of Quest Diagnostics, disposed of 256 shares of common stock to cover tax withholding obligations arising from vesting of restricted stock units.
Summary
- Mark E. Delaney, SVP & Chief Commercial Officer of Quest Diagnostics, filed a Form 4 on March 28, 2025.
- The filing reports a transaction that occurred on March 26, 2025.
- Delaney disposed of 256 shares of Quest Diagnostics common stock at a price of $166.71 per share.
- This disposition was to cover tax withholding obligations related to the vesting of restricted stock units.
- Following the transaction, Delaney directly owns 9,221 shares of Quest Diagnostics common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard transaction for covering tax obligations and doesn't indicate a change in the executive's confidence in the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where executives sell shares to cover tax obligations related to vesting equity.
Key Dates
| Date | Description |
|---|---|
| 03/26/2025 | Date of stock disposition transaction. |
| 03/28/2025 | Date of Form 4 filing. |
Keywords
Form 4, Quest Diagnostics, Mark Delaney, Stock Disposition, Tax Withholding, Restricted Stock Units, DGX, Beneficial Ownership
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