Plewman Patrick 4
4 · QUEST DIAGNOSTICS INC · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Quest Diagnostics (DGX) SVP Patrick Plewman Receives Award, Sells Shares
What Happened
Patrick Plewman, SVP for Diagnostic Services at Quest Diagnostics, received 5,682 shares on 2026-03-04 as settlement of a performance stock award (value $1,164,015). To cover tax withholding, 2,827 of those shares were surrendered to the issuer on 2026-03-04 at $204.86 (value $579,139). The remaining 2,855 shares were sold in the open market on 2026-03-05 at $206.21 for $588,730 pursuant to a pre-established Rule 10b5-1 plan. The award is an acquisition (not a cash purchase); the later actions were routine tax withholding and a planned sale.
Key Details
- Award (A): 5,682 shares @ $204.86 on 2026-03-04 — $1,164,015 (F1: performance stock award settlement).
- Tax withholding (F): 2,827 shares @ $204.86 on 2026-03-04 — $579,139 (F2: shares surrendered to issuer to cover taxes).
- Sale (S): 2,855 shares @ $206.21 on 2026-03-05 — $588,730 (F3: sold under a Rule 10b5-1 plan).
- Filing date: Form 4 filed 2026-03-06; filing appears timely.
- Shares owned after transaction: Not specified in the provided filing.
Context
This was primarily a settlement of a performance award, followed by standard tax withholding and a sale under a pre-set 10b5-1 plan. Performance-share settlements and related withholding are common and do not by themselves indicate a change in insider view; sales under 10b5-1 plans are executed according to a pre-arranged schedule.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-04$204.86/sh+5,682$1,164,015→ 20,880 total - Tax Payment
Common Stock
[F2]2026-03-04$204.86/sh−2,827$579,139→ 18,053 total - Sale
Common Stock
[F3]2026-03-05$206.21/sh−2,855$588,730→ 15,198 total
Footnotes (3)
- [F1]Stock issued by Quest Diagnostics Incorporated in settlement of a performance stock award approved in accordance with the requirements of Rule 16b-3(d).
- [F2]Disposition of common stock to the issuer solely to cover tax withholding obligations arising from the settlement of said performance stock award.
- [F3]This sale reported was effected pursuant to a Rule 10b5-1 sales plan adopted by the reporting person.