Form 4: Quest Diagnostics SVP Patrick Plewman Reports Stock Transactions
SEC Form 4 Filing
Patrick Plewman, SVP for Diagnostic Services at 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, Patrick Plewman disposed of 106 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, Plewman acquired 5,674 shares at $173.74 per share related to the settlement of a performance stock award.
- Also on March 4, 2025, Plewman disposed of 2,280 shares at $173.74 per share to cover tax withholding obligations from the settlement of the performance stock award.
- Following these transactions, Plewman beneficially owns 21,150 shares of Quest Diagnostics common stock, which includes exempt purchases made under the Company's stock purchase plan since the date of the last filing on Form 4.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing primarily reports routine stock transactions related to executive compensation.
Positives
- The acquisition of 5,674 shares indicates a positive event related to a performance stock award.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect insider activity related to compensation.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Disposition of 106 shares for tax withholding. |
| 03/04/2025 | Acquisition of 5,674 shares from performance stock award. |
| 03/04/2025 | Disposition of 2,280 shares for tax withholding related to the performance stock award. |
| 03/05/2025 | Date of signature on the Form 4 filing. |
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