Karthik Kuppusamy - Apr 29, 2024 Form 4 Insider Report for QUEST DIAGNOSTICS INC (DGX)

Signature
Sean D. Mersten, Attorney in Fact for Karthik Kuppusamy
Stock symbol
DGX
Transactions as of
Apr 29, 2024
Transactions value $
-$246,400
Form type
4
Date filed
5/1/2024, 04:26 PM
Previous filing
Apr 26, 2024
Next filing
Jul 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DGX Common Stock Sale -$246K -1.76K -11.58% $140.00 13.4K Apr 29, 2024 Direct F1
holding DGX Common Stock 358 Apr 29, 2024 By Trust
holding DGX Common Stock 1.55K Apr 29, 2024 401(k) F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale reported was effected pursuant to a Rule 10b5-1 sales plan adopted by the reporting person.
F2 These underlying shares were acquired on a periodic basis by the trustee of the Company's tax qualified Profit Sharing (401(k)) Plan. The information was obtained from the plan administrator as of a current date. The number of shares is based on the account balance of the Company stock fund under the Plan (which includes some money market instruments) divided by the market price of the Company's stock as of that date.