Form 4: Quest Diagnostics SVP Plewman Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Patrick Plewman, SVP for Diagnostic Services at Quest Diagnostics, disposed of 229 shares of common stock to cover tax withholding obligations arising from the vesting of restricted stock units.
Summary
- On February 26, 2025, Patrick Plewman, SVP for Diagnostic Services at Quest Diagnostics, disposed of 229 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 $171.75.
- Following the transaction, Plewman directly owns 17,853 shares of Quest Diagnostics common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the transaction is a routine disposal of shares to cover tax obligations.
Industry Context
Form 4 filings are a routine part of insider trading activity and are closely watched by investors for signals about management's view of the company's prospects. This transaction appears to be related to tax obligations, which is a common reason for stock disposals.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of transaction: Disposition of common stock. |
| 02/28/2025 | Date of signature by Attorney in Fact. |
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